Well, I say, old bean, it appears that the chap known as CrediBULL Crypto, a fellow whoâs been more bullish on Bitcoin than a terrier on a postmanâs leg, has suddenly done a spot of backpedaling. In a move thatâs as unexpected as finding a lobster in your top hat, heâs now suggesting one ought to tiptoe away from BTC and give the old heave-ho to a few select altcoins instead. What ho!
In a social media post thatâs longer than a Jeeves monologue, CrediBULL chappie argues that with Bitcoin hovering around the $90,000 mark, the potential return is about as appealing as a cold bath on a winterâs morning. Apparently, the risk-reward ratio is as unbalanced as Aunt Agatha after a sherry or two. đ„
Bitcoin Still Leads, But Alts Are the Real Razzle-Dazzle
Now, our man CrediBULL, whoâs been shouting âHuzzah!â for Bitcoin since it was a mere $3,000, reckons the gameâs afoot for a change. He points out that while Bitcoinâs been the star of the show, leading the market out of the bear pit, the real fireworks đ§š-the sort that make oneâs eyes pop like Bertie Woosterâs when he spots a spiffing new cravat-come from altcoins later in the cycle. With Bitcoin now 30 times higher than its last cycle low, he believes the old girlâs lost a bit of her pep.
âAfter finally cracking 100k+, and despite my belief that we still have higher to go for Bitcoin in this cycle, the reality is that R/R and expected ROI from current levels does not favor buying $BTC over alts at these levels,â he jotted down on X, probably while sipping a spot of tea. đ”
He trots out XRP as his prime example, a token thatâs been as dormant as a hibernating hedgehog for 460 days, only to explode with a 7x gain in a mere 23 days in mid-2025. Talk about a wake-up call! This little number, he argues, wiped out all prior underperformance and left BTC holders looking as glum as a wet weekend in Dorset. đ§ïž
The moral of the tale, according to our crypto sage, is that high-quality altcoins are like a good claret-they take their time to mature but, by Jove, when they do, theyâre worth the wait. đ·
âThe real opportunity at this point in time is in high quality, fundamentally sound, and structurally solid alts,â CrediBULL summed up, probably with a wink and a nod. đ
Market Context: Bitcoin Stuck Near $90K as Pressure Builds Like a Stuffy Drawing Room
Bitcoinâs current state is about as lively as a church sermon on a Sunday afternoon. At the time of writing, itâs bobbing around $87,000, down a smidge in the last 24 hours and a tad more over the past fortnight, after failing to hold above $90,000 more times than Bertie Woosterâs failed engagements. Major altcoins, including Ethereum (ETH), have followed suit, in a pullback thatâs as widespread as Aunt Dahliaâs gossip. Data shows that $250 million in liquidations, mostly tied to long positions, have added to the general air of gloom. đ
Options markets, those pesky things, are also playing their part. On-chain technician Wise Crypto (a name thatâs as fitting as a bespoke suit) notes that Bitcoinâs been trapped between $85,000 and $90,000 by a large options structure, with hedging activity keeping volatility as muted as a mouse in a library. đ
Meanwhile, XRPâs been trading near $1.85, down a whopping 50% from its July peak. Sentiment around the token is as negative as a review of one of Aunt Agathaâs dinner parties, but analysts point out that such pessimism has often been the prelude to a sharp rebound. So, perhaps thereâs a silver lining after all, like finding a fiver in an old trouser pocket. đž
All in all, Bitcoinâs stalled momentum and the growing focus on relative value are keeping the rotation narrative alive, even as traders wait for clearer direction into year-end. One can only hope theyâre not holding their breath, or they might turn as blue as a baronetâs bloodline. đ§ą
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2025-12-24 14:42