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Week of uncertainty with Bitcoin ranking between 19k and 21k so far. There are still many indicators that point to a lower bottom (15k/16k) but that cannot be predicted exactly, especially with Bitcoin which does not seem to want to respect any type of "rule" established in its short history.
Looking at DXY we can't expect anything good as long as it continues to go up like that. On the other hand, we have oil dropping 10% in prices, which could be a symptom that the destruction of demand is beginning. Inflation data in the US is already having its consequences with an increase in people who cannot afford their expenses despite being employed. Everything seems to be predestined long ago to end in an economic recession and the worst part of FUD is yet to come.
In my opinion, it is time to analyze a few investments well and continue with a prudent purchase strategy, trying to strengthen the most damaged investments with new purchases that allow us to average a better price and maintain them in the long term.
At the moment the best news comes from Publish0x, which continues to work so that we can grow every day.
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This post was also published in read.cash by me, The Crazy Dude
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