Bitcoin Monthly view
Cripto market, from the beginning, was moving x10 or x20 times faster than the traditional market.
Still recoverying fuell for start again the impulse, we havn't seen the bottom yet, as the volume is not big enough to create more HH and HL.
Stock markets fall hard, and part of this money can come to the criptomarket.
The reason is because still very cheap this market, is not strong enough to rise more than 1Trillion, because every week we can see some theft in wallets, eschange hacks, or other stuff. But Bitcoin as a coin has enough trust to rise at least 500B in few weeks (4-5 weeks).
4 Trillions went out from stocks, the rise in last year was 33% in gains, amazing. Now it comes more volatility and ups and downs. If players change mind and put some money in cripto, they can see 100% gains in few years (don't think they can expect same gains in the traditional market).
News, FUD, FOMO, bills, bans, all is in the same basket of FA. Meanwhile, robots and AI machins are trading every single day hundreds of milions in seconds, even I have seen people creating an automatitzed machine to trade between exchanges.
Let's see what happens, but for sure, every time more people is involved in this world.
Still recoverying fuell for start again the impulse, we havn't seen the bottom yet, as the volume is not big enough to create more HH and HL.
Stock markets fall hard, and part of this money can come to the criptomarket.
The reason is because still very cheap this market, is not strong enough to rise more than 1Trillion, because every week we can see some theft in wallets, eschange hacks, or other stuff. But Bitcoin as a coin has enough trust to rise at least 500B in few weeks (4-5 weeks).
4 Trillions went out from stocks, the rise in last year was 33% in gains, amazing. Now it comes more volatility and ups and downs. If players change mind and put some money in cripto, they can see 100% gains in few years (don't think they can expect same gains in the traditional market).
News, FUD, FOMO, bills, bans, all is in the same basket of FA. Meanwhile, robots and AI machins are trading every single day hundreds of milions in seconds, even I have seen people creating an automatitzed machine to trade between exchanges.
Let's see what happens, but for sure, every time more people is involved in this world.
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