BTC still on an overall uptrend, regardless of inflation
146
When in doubt, Zoom Out! Notes on Bitcoin:
-We're still in an overall uptrend, hitting higher-lows. -Institutional adoption helped carry us to nearly 70k. -Since COVID, investors continued to pump it and take profits. -Evergrande will be the deciding factor whether we break below all the support it still has. -Inflation slowed the growth, trapped us in a channel for the time-being. -Russia/Ukraine war isn't helping, but it also isn't hurting, even with all the news of disabled/blocked transactions in Russia. -Alt coins follow BTC, so if an Alt coin is down, it's because BTC is down... but don't dismiss other factors such as bullish/bearish news around the individual alt coins. -Now, more than ever, is going to be your best opportunity to invest in BTC. -Even if it dropped another 5k in value, you'd stand to profit in the long run when the markets recover and reverse into another bull run to 100k. -Keep an eye on the news & current events. Those with deep pockets can still profit off BTC thru day trading, but others should Buy & Hold, and accumulate. -While hundreds of billions of dollars have come flooding in from institutional investors, there's still an incredibly LARGE portion of the world that has yet to invest. -If you're still in doubt, Zoom Out, all the way back to 2010, and Replay the daily change from 2010 thru Now. With every crash comes recovery and continued Growth!!
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.