With all of the hype and all time highs for bitcoin (but still a lot of alt coins under performing big time) we are seeing things starting to heat up and honestly face melting returns on some of these cryptos including bitcoin.

But what's driving it all?

Sure there are some positive factors at play right now with Trump winning. But the guy still is not in office and it's all speculative on how much if at all he will deliver on his crypto promises or not.

This speculation bidding seems to mainly be coming from retail investors once again which is greatly pushing that needle towards greed levels.

and well I gotta be honest with you it feels very greedy right now and to a point where I feel like we are in for some type of massive correction between now and Christmas.

That being said the correction will most likely be back into the high 60's low 70's when it does happen (at least that's my opinion and thoughts)

*This article is not financial advice and is for entertainment purposes only. Do your own research before investing and understand the risks.

Another part of this is currently VCs still don't seem to be picking up bitcoin honestly. It's primarily still driven on speculation and retail investors. Now while that's not a bad thing it means that the big money is not dropping into crypto and instead it's just somewhat sliding in.

On reports we are seeing less VC money coming into crypto then ever before. The highest points in when VC funds were coming in where back in last 2021 and 2022 which also means VC funds are not flowing through ETFs either most likely which is something we have seen being reported as well.

Now here's the other side of that. History has shown us (in the short history of bitcoin there is) that VCs often wait until the bull market run is almost at its high point before piling in. This could mean that we are about to hit a catalyst in which if bitcoin holds on to this rally even though it's primarily retail investors that VCs could be seen piling in perhaps once Trump actully is in office and starts passing some new things that are pro crypto.

CEX vs DEX

Now you would think with all of this talk about deactualization that DEX would be taking off. But we are actully seeing the opposite of that happening as CEX are pumping out mega wealth of fees and funds to fuel their businesses. I guess this just goes to show ya that a vast majority of people and wealth don't care about deactualization really and just want something that works and can be trusted with a nice smooth clean UI. They are willing to pay higher fees and not have the decentralized factor.

I think this is important for projects to understand as they mainly get caught up on only marketing that their platform is decentralized. Well the amount of wealth and people that actully care about that is crazy low and instead your focus should be on ease of use and applications people want to use and work smooth. The decentralized nature of it can come later or should just be built in the background anyways.

What are you thoughts? Are we in for a sell off soon or does this bull market just keep going with VC's piling in within the next two months?

Posted Using InLeo Alpha