The week ends with sideways movement in the price of Bitcoin that remains around $16,500 while Ethereum is at approximately $1,200. During the week we touched $15,500 again and the fear and greed index stands at 26 (fear). While the market for functional tokens feels insecure, the NFT market has experienced a rise that seems to indicate that they had found a bottom.
I follow several analysts with different opinions who lately all agree that the bottom of Bitcoin could be lower. Nobody knows what is going to happen nor can they accurately predict prices, but if we take into account that the SP500 and Nasdaq100 have to face a fall caused by the economic recession or a fall caused by inflation not falling at the desired rate, it is logical to think that the cryptocurrency market will be affected. The situation of the Chinese economy is as delicate as that of the West and the shares of Chinese companies listed on the American stock markets are badly damaged.
This next year is going to bring a lot of opportunities and for those who can invest enough money it will be definitive, every $100 you invest will probably become much more than $1,000 before 10 years without touching cryptocurrencies, only with shares. As for cryptocurrencies, it is very proven that you can make x1000 and lose it all in a week. The projects that attract me are games, I think they only need one AAA game to decide to enter or be published and they will be 100x in the next bull run.
Do not forget to follow all my advice if you want to lose your family because you have put the rent money in "coins that are worth cents but can be worth thousands of dollars"
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