When Bitcoin was trading above $60,000, the smartest analysts and financial-minded folk told investors that BTC price would never fall below its previous all time high.
So, investors are left to their own devices and thoughts to contemplate whether or not the bottom is in. Should one be patient and wait for the forecast “drop to $10,000” or is now the time to buy Bitcoin and altcoins? “The macro environment is obviously heavily weighing on the price of Bitcoin. High CPI inflation has led to an aggressive Fed since November of 2021. Higher interest rates inevitably cause all assets to come down. Interest rates are basically gravity on financial assets, just basically discounted cash flow analysis. And these increasing interest rates are an attempt to destroy demand and and destroy inflation by the Fed. It's obviously putting pressure on all risk assets, including Bitcoin.
Harper elaborated with, “If these companies do start mining it, then it becomes more palatable. It becomes less stigmatized. Depending on, I guess the oil producer and that person's politics.”
it's nowhere near bottom lol
All I know is that BTC is below $261K short term for now. $20K is irrelevant however for most of you who trade with leverage $20K is a big number 👽
It seems to me that bitcoin has been at the bottom for a long time ...
I can offer help if you Wish to invest your crypto currency.
Everyone like you predict support of altcoin though btc fall the token falls and then you kind of people say it's falling coz btc falls if so then why saying about support or resistance? Totally drama
Resistance? Are you still not done with these words? It's clear there is no resistance nor support, btc moves its own way, altcoin moves what ever decided by token founder, if ibam wring then check bond luna wing etc
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11k and pray
HorusHughes IIICapital AsILayHodling I don't disagree about bitcoin & Lightning but cardano SPO's offer this now $ADA freeloaderz_1 my husband & I run MnstrPool to raise awareness & research funds for MS. SelfCustody
HorusHughes IIICapital AsILayHodling High volatility. I'll just apply the dca strategy for some good tokens & lock them in socialswapdefi exchange, their APRs are one of the best across all crypto platforms. With socialswapdefi dex aggregator, you can enjoy best swap rate with low t-fee. Security is 💯defi SST
🚀 Thnks a millon
HorusHughes IIICapital AsILayHodling why no one talking about thiis?
HorusHughes IIICapital AsILayHodling 🚀 Thnks a millon.
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