Bitcoin Descending Triangle: Are We Pushing for Lower Lows!?
In this clip from the latest #LeoFinance AMA, we talk about the #Bitcoin price. Everyone is watching it like a hawk right now.
Nobody knows what BTC's next move is. What we all know is that there is a lot of volatility in the global economy.
In this clip, Mitch focuses on some technicals that he is keeping an eye on while I give my ever-persistent perspective as a fundamental long-term buyer of Bitcoin: to me, I know that the industry has matured greatly since the last bear cycle.
Things are a lot different now than 2018. This could mean a much faster recovery and less painful bear market for Bitcoin and the broader crypto space.
Only time will tell.
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I think we are already in recovery mode now and next bull run will start before the end of December
I like your optimism. But I think we're doomed.
Posted Using LeoFinance Beta
I do not know technical indicators. But, I am hearing murmurs of positivity in the space. It looks like quantitative tightening will come to an end in the second quarter of 2023. Market is pricing in these rate hikes. The stagnation could continue and may indicate the slow recovery process.
Posted Using LeoFinance Beta
long bear market, but in the market prices anything that goes up must come down
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greyscale at 50 percent discount. market is wrecked.
Thank you so much for your support of my @v4vapp proposals in the past, my previous one expired this week.
I'd be really happy if you would continue supporting my work by voting on this proposal for the next 6 months:
Additionally you can also help this work with a vote for Brianoflondon's Witness using KeyChain or HiveSigner
If you have used v4v.app I'd really like to hear your feedback, and if you haven't I'd be happy to hear why or whether there are other things you want it to do.
1'30" to 2', that's so me... Now I'm waiting for $12,700...