Jacob King , an analyst at WhaleWire , has suggested that Forbes magazine covers featuring prominent crypto figures often coincide with market peaks , raising speculation about a potential market bubble . His statement on X (formerly Twitter) comes after Forbes released a new cover featuring Michael Saylor , founder of MicroStrategy (NASDAQ: MSTR) and the largest corporate holder of Bitcoin (BTC). King pointed out that past Forbes covers have preceded major downturns , citing: Changpeng Zhao (2018) – Binance’s former CEO appeared on Forbes before a multi-year bear market . Sam Bankman-Fried (2021) – The FTX founder graced Forbes shortly before FTX’s collapse and the 2022 crypto winter . With Saylor now featured , some analysts are questioning whether history will repeat itself . Are Forbes Covers a Signal for Crypto Market Peaks? Historical Trends Suggest a Pattern: 2018: Changpeng Zhao’s cover preceded a brutal bear market . 2021: Sam Bankman-Fried was featured before FTX’s downfall . 2024: Michael Saylor’s cover raises speculation about a potential market top . While correlation does not imply causation , these past events have led to skepticism about high-profile media coverage in the crypto space. Why Do Market Tops Coincide with Media Hype? Excessive Media Coverage Fuels FOMO – When crypto hits mainstream media, retail investors pile in , often marking the final stage of a bull market . Late-Stage Institutional Interest – Corporations and funds often enter near the top , thinking they are late but still early . Overconfidence Before Corrections – When a narrative becomes too bullish , smart money starts exiting , triggering a market downturn . With Bitcoin near all-time highs , some analysts view this as a cautionary sign . Could Michael Saylor’s Cover Mark Another Market Peak? Bitcoin ETFs & Institutional Adoption – Unlike past cycles, Bitcoin is now an institutional asset , which may reduce extreme volatility . Macro Trends Still Favor Bitcoin – With inflation concerns and monetary policy shifts , BTC may have room to grow . Retail Speculation on the Rise – If memecoins and low-cap altcoins start surging , it could signal an overheated market . While past trends suggest caution , Bitcoin’s fundamentals remain strong , leaving room for further upside or a short-term correction . FAQs What is the Forbes crypto cover theory? It suggests that when a major crypto figure appears on Forbes, the market is near a peak , based on past examples. Who were the previous crypto figures featured on Forbes? Changpeng Zhao (2018) – Before the crypto bear market Sam Bankman-Fried (2021) – Before FTX collapsed Michael Saylor (2024) – Raising speculation about a market top Does media hype always mean a market peak? Not necessarily, but excessive media coverage often aligns with retail FOMO and speculative bubbles . Is Bitcoin due for a correction? While Bitcoin remains strong , if altcoin speculation surges , it could indicate market euphoria before a pullback. Should investors be worried about Michael Saylor’s cover? It’s worth monitoring , but institutional Bitcoin demand may prevent extreme volatility seen in past cycles. Conclusion The Forbes cover theory has gained attention after past features of Changpeng Zhao and Sam Bankman-Fried coincided with market peaks . With Michael Saylor now on the cover , analysts are debating whether this signals another potential market top or just heightened mainstream interest in Bitcoin. While history suggests caution , Bitcoin’s institutional growth and long-term fundamentals remain strong. Investors should stay informed and manage risk accordingly . To learn more about the innovative startups shaping the future of the crypto industry, explore our article on latest news , where we delve into the most promising ventures and their potential to disrupt traditional industries.
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Top 3 Digital Assets you Should own Moving Forward Into 2025
Bank executives are feeling a newfound optimism, setting up the broader crypto market for a potential bull run. A week after President Trump took office, Wall Street executives started to warm up to crypto and blockchain. At the World Economic Forum at Davos-Klosters, Morgan Stanley CEO Ted Pick said that banks, as highly regulated institutions, can always act as new crypto transactors. This favorable sentiment, plus President Trump’s pro-crypto agenda, is electrifying the general investing public looking for new digital assets to invest in. Three new cryptocurrencies are making noise in a crowded market: Aave, Rollblock , and Jupiter. Aave sets to recover Aave (AAVE), a leading money market protocol, is poised for recovery after sustaining almost sideways movement for most of 2024. From April to October, AAVE traded below $200. By November, the popular money market platform surged, eventually breaching the $300 mark. The project’s 7-day price range found support at around $280, and market analysts are bullish on its short-term performance. Investors’ bullish sentiment on AAVE is backed by its RSI of 52, which indicates increased buying pressure. Finally, on-chain data suggests that most traders and investors are on the long side, as reflected by the asset’s Long/Short ratio at 1.13. This metric indicates that for every 1.13 Aave long positions, there’s one short position, which reflects a bullish sentiment. Jupiter (JUP) is primed for a breakout Jupiter (JUP), a DEX aggregator, is headed for a breakout days after the project announced its token burn mechanism and a $600 million JUP token buyback program. According to its founder, ‘Meow,’ the token-burning initiative aims to remove up to 3 billion digital assets in circulation, which can enhance the token’s importance and lower its fully diluted valuation (FDV). These latest developments reflect a change in investors’ sentiment, potentially expanding its price action. Currently, JUP is looking at a 0.382 Fibonacci retracement level of $1.16. If JUP breaches this level, the market can expect a decisive price breakout, creating a new trend. If this fails, JUP holders can expect another corrective price action, with lower support at $0.94 or a 0.5 Fibonacci retracement. Rollblock (RBLK) Rollblock (RBLK) , currently in presale, is set on upending the GameFi segment. With an eye on innovation, Rollblock aims to enhance the traditional gambling experience by integrating crypto, blockchain technology, and its native token as on-site currency. This new crypto project doesn’t just power an online casino; it aims to create a community where players become active participants and reward earners. Expectations among investors run high, owing to the project’s commitment to a potentially lucrative rewards share program. 30% of its weekly generated revenue will be shared with its holders. Rollblock will use two mechanisms for its rewards system: buyback and burn and staking. The buyback and burn program rewards sellers and reduces the number of circulating tokens. Then, its staking program aims to reward stakers and holders. On-site, Rollblock players earn rewards such as rakeback and VIP bonuses, which enhance the crypto betting experience. Aave and Jupiter are both viable investment prospects, but Rollblock is racing towards its listing date like a GambleFi project on a mission. It has already raised over $9.8 million, is available for $0.052, and the next price increase is coming up rapidly. Discover the exciting opportunities of the Rollblock(RBLK) presale today! Website: https://presale.rollblock.io Socials: https://linktr.ee/rollblockcasino Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here . Bitcoin World
20% rally for PEPE? Examining how likely that is for the memecoin
PEPE memecoin`s February might be better than its performance in January. Bitcoin World