No Clear Catalyst for Bitcoin or Kaspa - Just Watching and Waiting

I don’t want to write banalities, so that's why I'm sitting quiet.

My main thoughts on Bitcoin right now are simple: there isn’t really a clear, compelling short-term catalyst for growth. Everything we’re seeing is basically a reaction to moves in other markets and to politics (mostly driven by one person).

As for Kaspa - it’s exactly the same story, except it also follows Bitcoin. Waiting for vProgs.

If you zoom out a bit longer-term, BTC has always tended to rise with a 1-2 month lag after global liquidity. Since around October there’s been a pretty strong divergence, and it stopped tracking that move. I think this could get repriced/reconciled in the medium term.

Originally posted on Telegram channel.