We are in a choppy market due to many Macro Global Economic Factors. The Cargo Ship Stuck in the canals causing the global economy Billions. Rising Bond Yields. And the ominous feeling of rising global inflation.
I am still holding LONG. If hyper-inflation becomes very real. My theory is that the any crypto business/fin tech business will survive and expand. Crypto Markets simply because fiat is becoming less valuable, and Bitcoin (Wealth) is becoming a hedge for many investors.
I am still holding LONG. If hyper-inflation becomes very real. My theory is that the any crypto business/fin tech business will survive and expand. Crypto Markets simply because fiat is becoming less valuable, and Bitcoin (Wealth) is becoming a hedge for many investors.
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If anything, today's activity demonstrated strong support at 5.5 range. It's certainly a period to see what levels investors are getting in at after filtering out the paper hands. Let's see what happens tomorrow.