A friend just asked me: “Strong U.S. retail sales data and mounting inflationary pressures are eroding purchasing power”—is this bullish or bearish?
My answer: It’s somewhat negative in the short term, but bearish doesn’t mean the market will keep falling indefinitely. Once sentiment has run its course, a turnaround often becomes more likely.
$BTC What do you think?
My answer: It’s somewhat negative in the short term, but bearish doesn’t mean the market will keep falling indefinitely. Once sentiment has run its course, a turnaround often becomes more likely.
$BTC What do you think?