Is this just a Dip or the next Phase of a Deep Crypto winter

Is this just a Dip or the next Phase of a Deep Crypto winter


Is this just a dip or are we going into a much deeper Crypto winter? Are we buying during these dips? Yes we're buying.

I've heard alot of chatter of $10 000 not now for Bitcoin. $10 000, $12 000 ,$14 000 . I'm going have you guys think a little bit of why we would go down that low . What happened a couple months ago we had the Luna Debacle. The whole Terra Luna , UST collapse , a lot of people lost their tons of money. Well that kind of ripple effect into a lot of liquidations in the centralized lending platforms like Celsius.

What happened there? A lot of people were over leveraged and they got destroyed and that helped make cascade with 3 arrows capital and so on. I think that what helped bring down the price down to the the mid 17 500s . Now you have to ask yourself are we going to experience that once again and much further below. I don't think we are and here's why it took an entire collapse in the lending platforms pretty in UST and also you had a US dollar hitting par with the Euro which helped really hitted Crypto.

All of these things came together pretty much at the same time to help drag down the price and they could only get the price down to 17 500. So , my question to you is what do you expect, how can the price if that all that could only bring the price down to 17 500. What the heck is going to being the price down to $10 000 , $12 000 ? I mean what people are expecting ? Are they expecting Armageddon . I would understand if we got another March 2020 event where the Government's literally shut down the entire globe and the economy. People are expecting a Black Swan event right now. But we all that won't happen because we're expecting it.

So my encouragement is like from what I'm doing right now is that we've been dollar cost averaging into many different coins and also Bitcoin and Ethereum and especially with the merge coming out . I mean I think it's kinda crazy to be selling it.

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WendyZaca
WendyZaca

IT Service Consultant who is interested in Crypto, NFTs and Foreign Exchange.


Crypto, NFTs and Foreign Exchange
Crypto, NFTs and Foreign Exchange

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