Crazy days in the markets this week that started with red numbers waiting for the FED meeting and Powell's talk. It was assumed that interest rates would rise again by 0.75%, and they did, there were no surprises.
On Thursday we started to see a slight recovery and we had a rumor about GALA which sent the price plummeting while the other cryptocurrencies were still in the green. It seems that everything was a self-attack that was done for prevention. I was trying to buy for two hours and NEXO had to block the transactions because I couldn't.
Today our cryptocurrencies are in the green, with Bitcoin exceeding $21,100 and strong increases such as Fantom, which has been up more than 15% for two days, so everyone is happy at least until the middle of the month when our salary runs out.
For me, it is not the time to buy, although I think we can see this growth continue. It just seems to me that the volatility of these days and the uncertainty about the macroeconomic/geopolitical situation may still bring us back to the ground. I am looking for a take-profit exit before then.
I hope your cryptos are brightening your days!
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