Bitcoin Crypto Prices Are Falling for a Reason No One Likes to Admit.

    Things continue to chop sideways with a little run. But let’s be honest – momentum is gone and sentiment is in the toilet.

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    39 Comments

    1. The fact that coinbase is going into stocks means crypto is done, I have been in the crypto market since 2019, it isn’t a fair game anymore, done with it for good, best of luck you all

    2. Like many things, I think there is more then one answer here. So much money is being poured into AI. The U.S. and China are in an arms race to develop AI and infrastructure. Many degens from the crypto space are getting sick of being burnt and moving to AI stocks. Even with the good news coming from crypto adoption there is still no everyday use like AI. It is just simply not on anyone’s minds except for the OGs. On top of that too, most people are sucking for a job and don’t have the extra cash. Whatever cash they do have goes into something stable.

    3. The important part: Look what happens after every big dipHistorically:
      After Black Monday → markets recovered and boomed
      After 9/11 multi-year bull market
      After GFC biggest bull run in history
      After COVID crash insane bull cycle (crypto 20× in some areas)
      Sharp drops in this sentiment index have often lined up with major bottoms in risk assets.
      So the real question isn’t: “Is crypto bad?”
      It’s: Is macro creating a setup for the next big recovery?

    4. The Banksters want it their way, and it sure looks like they are getting it. At least they know they can control stocks, gold, silver etc, so they can allow them to be a relief valve. Bitcoin they need to throttle. They can't let that cat out of the bag, so no wonder BTC and crypto in general are dyeing on the vine. Better understand that they have been winning at this game for hundreds of years. Don't think for a minute this is not a fight to the death.

    5. Precious metals raging hot, stocks continue their rally, dollar down, small crypto rally killed off in an and instant fades into the sunset. Crypto is dead! Merry Christmas Binance and cronies

    6. You know it’s funny Rob. Bitcoin was holding around 89,000 last night yesterday went up to 90 briefly and then I noticed about five or six YouTube influencers come out with bears videos and the price dipped 88,000 not long after the videos came out. I’m not saying, but I’m saying. It’s really unfortunate. It’s quite obvious that some people really want the price to go lower so they can buy more because they took profits when it was around 120,000. There’s other people that probably are in over their heads and want the price to go up Based upon the material they’re publishing. I really had high hopes for this industry. I got into it in 2020. I cannot believe the amount of nonsense I’ve seen on YouTube over the past 15 months from crypto influencers that right there in itself is a major problem and I’ve been saying it since it started it was never like this in 2020 to 2021 when I first got involved with crypto. Sure there were people out there that we’re trying to influence people to buy based on the price, but I’ve never seen such exaggerated price charts and predictions up or down based on where the market is and it really really drove a lot of retail out. Luckily, we have these big money people involved right now because if we didn’t, I don’t know where the prices would be.

    7. Hi Rob, so I work in small business with mostly Mom and pop shops and at least in this sector it’s horrible. Everyone is broke, people coming in every day stressing over spending an extra 50 bucks. I would say for the maybe lower and lower middle class, it’s really bad right now and for those that gamble and alternative coins and crypto that’s usually people trying to get rich at what we call retail. Now my friends that make a lot of money are doing great, but it’s definitely not doing well for middle class and down. From what I see and I’m facing this on about 60 different businesses I work with throughout California, Florida, Texas, Chicago Maryland , and Georgia . Things are just very slow. Now there are standouts ones that do really well but they’re not the standard. So the vibe I get from most people is everyone’s really tight right now because everything is very expensive.

    8. The university of Michigan index has been proven to be politicized because the majority of those polled are to the left politically. Basically, because of how split the US is politically, the folks on the right believe the economy is doing well and those on the left think it’s absolutely in the toilet. This spoils the index.

    9. Roman Abramovitch 🇮🇱 and Swiss 🏠 Colonel Jacques Baud’s accounts seized in UK and EU.

      Don’t lock 🔐 yourself into a Fiat future. ‘It’s an I’ll wind that blows nobody any good’ .. 🌬️ ⛵️ 🛥️

      Best not to chain yourself ⛓️ to the present financial and political paradigms Bitcoin & Litecoin are the lifeboats ⛴️

    10. We are all low on sentiment because we have had whiplash economics over the last year where we literally don't know what we are going to wake up to from one day to another. Between that and AI threatening all our jobs, everyone is just bracing for impact.

    11. 1:16

      No brah

      SHT-coins died with the MEMEcoins BS…

      ULTRA-shtcoins took all the money from the NOT-SO-shtcoins

      aaaaaand…it’s gone….all the money that WOULD go to SHT-coins is GONE

    12. Altcoins is trending to zero.. today stocks are up, gold is up silver up… and guess what crypto not going up. Something is wrong.. all I can say is crypto winter is a force u can’t fight against.

    13. Not trying to be political. It’s important that we remember how poor sentiment is right now. When we look back at history, we need to understand the truth behind it. Not everything under Trump or crypto has been terrific. Not everything under Biden was terrible.

    14. I don't think the sentiment is that bad. I think most of us are either HODLing and chilling, or continuing to DCA. We may never get a chance to buy BTC at these discounted prices once it pops again.

    15. yea economy is awful, when you slap another tax on all imports so all consumers in USA have to pay extra hidden tax and you tell them that economy is doing great! And making it awful for rest of the world too

    16. As much as I am an absolute believer in Bitcoin and its future, its good to have people like Rob who can keep us grounded in terms of how the markets operate, regardless of hype. Thanks Rob and Merry Christmas.

    17. I think we are in for a big surprising move up. Imagine everyone who pulled out tries to fomo back into there positions. The money is sitting there waiting for a move!

    18. Bitcoin has failed as a means of everyday payment and the price reflects it. What's the point of owning it, if all you can say is "it's a store of value".- that doesn't appeal to the average person, it needs a simple use case, other than just hodl.

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