Is the Crypto Market Crying Wolf? The market sentiment is positive for the most part at this time. Especially with lower expected CPI numbers, the market responded positively. But has the crypto market TRULY bottomed in 2022? The quick answer nobody really knows!
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🔽 𝗖𝗥𝗬𝗣𝗧𝗢.𝗖𝗢𝗠 𝗘𝗔𝗥𝗡 𝗙𝗥𝗘𝗘 𝗖𝗥𝗢 | 𝗣𝗥𝗢𝗠𝗢 𝗖𝗢𝗗𝗘 (𝗠𝗜𝗞𝗘) 🔽
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🔽 𝗚𝗘𝗧 𝗬𝗢𝗨𝗥 𝗟𝗘𝗗𝗚𝗘𝗥 𝗖𝗢𝗟𝗗 𝗪𝗔𝗟𝗟𝗘𝗧 🔽
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🔽 𝗚𝗘𝗧 𝟮𝟬% 𝗢𝗙𝗙 𝗦𝗛𝗜𝗘𝗟𝗗𝗙𝗢𝗟𝗜𝗢 𝗖𝗥𝗬𝗣𝗧𝗢 𝗦𝗧𝗢𝗡𝗘𝗕𝗢𝗢𝗞 🔽
https://bit.ly/ShieldFolioStoneBook
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Disclaimer: I am not a financial advisor, the information presented here should not be taken as financial guidance. I invest based on my own research. I am not responsible for any trading losses that may result from following my actions. I recommend doing your own research. Good Luck on your investment journey.
10 Comments
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I believe the bottom for 22 is already in. It might be based on hopium because I bought heavy at $18,000 even though it was scary at the time. I was thinking it still could drop but in a year or two I would be happy. Time will tell. Thanks Mike for another good show that keeps me looking at new informed 👍
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Don't believe bottom is in. Inflation is a pinch better but not enough for the FED to stop. The layoffs are going on and will be displayed statistically later on reports as usual.
Most people think the bottom is not in, which only leads me to beleive that 17k is probably the lowest we will see. Perhaps we will get another sell off to these levels or slightly above. Most people get it wrong and the sentiment is no different than when we hit 64k and sold off to mid 40s in april 2021, at that time everyone was expecting 100k because a 64k top was not a blow off top like previous cycles. I see it no different now that were in a bear market where people are going to expect larger retracements to lower prices hence why most are calling for 10k prices and I doubt it will ever come now because the majority gets it wrong.
We are in the anger faze. Small bump up then down for double bottom. Then on the way up. Thanks Mike. ❤ Sept 24 something will happen. It’s like January 1 on the Hebrew calendar. The start of a new time frame. 124 time cycle.
Good point. Thank You.😎😎😎
Great work bro! I think it is as well we might get back down to 19k in Dec one More tome
Thanks for the balance 💕
As always, love the honest analysis Mike. Keep up the good work!