The Fed keeps raising interest rates, one hike after another. In past decades, rate hikes have even cut the U.S. stock market in half. For crypto, this is only the beginning of the drop, so don’t add to any spot positions at any price. Only enter boldly at the extreme price level mentioned.
For the market ahead, the main strategy can simply be to short the rebounds. The bear market has only just begun—we’ve already experienced a bull trap. Even if prices don’t fall straight down, they won’t rise in a one-way move either; we’ll get choppy trading like we saw from January to June (the optimistic scenario). As long as you know how to short, you can make a lot of money (tune out the market noise).
What we didn’t expect was that it would drop again on Saturday. It’s already starting with 66. #BTC
For the market ahead, the main strategy can simply be to short the rebounds. The bear market has only just begun—we’ve already experienced a bull trap. Even if prices don’t fall straight down, they won’t rise in a one-way move either; we’ll get choppy trading like we saw from January to June (the optimistic scenario). As long as you know how to short, you can make a lot of money (tune out the market noise).
What we didn’t expect was that it would drop again on Saturday. It’s already starting with 66. #BTC
