'Crypto is Down But Not Out' by tradingboston bitcoin cryptocurrency
When the bulls are away, the bears will play.
A literal bull attacks with an upward strike of his horns; in stock and crypto markets, bulls want the markets to go up. Markets often tend to behave irrationally, but it is frequently said that “markets take the elevator down, and the stairs back up." If you have been around crypto markets for a few years, you will know that crypto investors in Asian nations tend to sell off towards Dec-Jan and then the market slowly recovers leading back into March-April .
skipped class that day? A few weeks ago, the US government was claiming that higher prices, inflation, and supply-chain shortages would be “transitory”. They are no longer saying this, as the realisation of hyperinflation sets in. In a month where market leaders Bitcoin and Ethereum were down by 30-50%, the Bostoncoin fund bought more of each asset, just as a smart person would stock up on toilet paper or tinned food when the prices areWhether you believe the near future will include an idyllic Metaverse or a zombie apocalypse, people will probably need BTC and ETH just as much as we need toilet paper and tinned corn.
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