There has never been a bottom in the markets while the Fed is still raising rates. Yet some of you really expect #BTC, a risk asset, to turn bullish. Don’t confuse relief rallies with stage 4 downtrends. 💯
@ZeroHedge_ Most people lose trying to trade, so only thing they can do and not lose is buy spot and hold, but that requires better market conditions and they just don't know how to sit on their hands. So their only hope is a bull market, most are blinded by their bias.
@ZeroHedge_ No one can predict the market, everyone just make things up to support their argument. Different arguments will be there when same market turn into bullish. Nothing impacts market, it is just the herd which drives it, otherwise projects like shiba inu, would never have worked.
@ZeroHedge_ True, one more leg down maybe. #Bitcoin #BTC x.com/web3quant/stat…
@ZeroHedge_ True, one more leg down maybe. #Bitcoin #BTC x.com/web3quant/stat…
@ZeroHedge_ Agree, but yes if they pause or decreasing the aggressiveness of the hikes rates
@ZeroHedge_ Thing is that the bottom historically was not when the FED stopped rate increase. It was when inflation had peaked. As soon peak is over markets will Price in the potential better future. So, question is: has inflation peaked?