Well, I say, old bean, it appears that the chap known as CrediBULL Crypto, a fellow who’s been more bullish on Bitcoin than a terrier on a postman’s leg, has suddenly done a spot of backpedaling. In a move that’s as unexpected as finding a lobster in your top hat, he’s 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 that’s 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 winter’s morning. Apparently, the risk-reward ratio is as unbalanced as Aunt Agatha after a sherry or two. 🥃
Bitcoin Still Leads, But Alts Are the Real Razzle-Dazzle
Now, our man CrediBULL, who’s been shouting “Huzzah!” for Bitcoin since it was a mere $3,000, reckons the game’s afoot for a change. He points out that while Bitcoin’s been the star of the show, leading the market out of the bear pit, the real fireworks 🧨-the sort that make one’s eyes pop like Bertie Wooster’s 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 girl’s lost a bit of her pep.
“After 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,” he jotted down on X, probably while sipping a spot of tea. 🍵
He trots out XRP as his prime example, a token that’s 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. 🌧️
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, they’re worth the wait. 🍷
“The real opportunity at this point in time is in high quality, fundamentally sound, and structurally solid alts,” CrediBULL summed up, probably with a wink and a nod. 😉
Market Context: Bitcoin Stuck Near $90K as Pressure Builds Like a Stuffy Drawing Room
Bitcoin’s current state is about as lively as a church sermon on a Sunday afternoon. At the time of writing, it’s 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 Wooster’s failed engagements. Major altcoins, including Ethereum (ETH), have followed suit, in a pullback that’s as widespread as Aunt Dahlia’s gossip. Data shows that $250 million in liquidations, mostly tied to long positions, have added to the general air of gloom. 🌚
Options markets, those pesky things, are also playing their part. On-chain technician Wise Crypto (a name that’s as fitting as a bespoke suit) notes that Bitcoin’s 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. 📚
Meanwhile, XRP’s 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 Agatha’s dinner parties, but analysts point out that such pessimism has often been the prelude to a sharp rebound. So, perhaps there’s a silver lining after all, like finding a fiver in an old trouser pocket. 💸
All in all, Bitcoin’s 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 they’re not holding their breath, or they might turn as blue as a baronet’s bloodline. 🧢
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2025-12-24 14:42