Major Bitcoin FOMO Is About To Hit
CryptosRUs
Overview of the Crypto Market
The speaker, George, discusses the current state of the crypto market, specifically focusing on Bitcoin and various altcoins.
Bitcoin
- Bitcoin is trending upwards, currently at $98,000.
- The BTC Reserve is being worked on by Senator Loomis, potentially leading to a strategic reserve within the first 100 days of Trump's presidency.
- 13 states are also working on bills to put Bitcoin into their reserves.
- Technical indicators suggest a positive outlook for Bitcoin.
Altcoins
- Sui: Has seen a 20% increase between yesterday and today, now close to $5.30. It has huge potential for 2025, with possible 10x growth.
- Solana: Climbed from $180 to $220, a 20% gain.
- XRP: Fell but is now back to almost $2.40.
- Other altcoins like Avalanche, Hedera, and Al-Maran are also recovering.
Advice
- Stay the course, remain focused, and continue with dollar-cost averaging (DCA).
- The market is showing signs of recovery, with potential for significant growth in various coins.