I need to jump in, Im reading too many regarded posts about "CrYpto WiNter Is OvEr"

And I'm talking as someone who had some USDC in Celsius Earn, the closer to $50k BTC is, the higher the % of BTC I get back in January 2024, so I'm not a bear, but this sub is becoming too regarded.

The total crypto market cap is at the same level as early June 2022, when BTC just a little bit below $30k.

https://preview.redd.it/gebr2kmca7yb1.jpg?1200&format=pjpg&auto=webp&s=07115a52200bac2013f78a271324743ce3493df5

So what does it mean? It means that cash are leaving ALTS to BTC. And you can easily see that in the BTC dominance.

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https://preview.redd.it/boyxmsr3b7yb1.png?2646&format=png&auto=webp&s=f6a176b4fed491b40b4233c9f7cd75d128aac068

Also, the halving is not magical, the BTC price does not pump just because of the halving.

Also, the ETF won't be approved before the end of the year. This is beyond regarded. Thanksgiving and Christmas are on our doorstep, people will take vacation, everything will run slower.

And when the ETF is approved, we may be disapointed, it does not mean it will sell. We have to be careful here.

Finally, have we forgotten about QE, we are far from QE, the best we can hope right now is the statu-quo, let's say how it plays out.