Crypto Total Market Downtrend Reversal
*** THIS IS NOT FINANCIAL OR INVESTMENT ADVICE ***
DYOR and don't take my word for anything.
The overall crypto market downtrend is reversing.
The last market cycle started when Elon Musk announced an over $1.5BB investment into BTC as part of an upcoming strategy at Tesla to start accepting BTC as payment. The upward trend reversed when interest rates climbed and cryptocurrencies hit ATHs. The money moved from tech stocks and crypto as profits were taken. It appears the market has bottomed out and is turning.
Buy the dip and hodl bitches.
DYOR and don't take my word for anything.
The overall crypto market downtrend is reversing.
The last market cycle started when Elon Musk announced an over $1.5BB investment into BTC as part of an upcoming strategy at Tesla to start accepting BTC as payment. The upward trend reversed when interest rates climbed and cryptocurrencies hit ATHs. The money moved from tech stocks and crypto as profits were taken. It appears the market has bottomed out and is turning.
Buy the dip and hodl bitches.
I didn't think it would recover this poorly initially. It looks like it's getting shorted on CMEX which isn't helping.
Is this people taking advantage of those who are locked up in staking contracts?