What a 15 days of stagnation in which we are living, right? Just a few erratic movements to sweep some stop-loss and that's it, nothing more...
The market is bored these days, nobody seems to want to move from their line, neither Bulls nor Bears, we are in a situation of balance of forces and that is reflected in the price that has been dancing around $16,800 for 2 weeks now. ..
...and it is possible that the Christmas holidays have been the perfect excuse to sign the TRUCE.
But as in all battles, a TRUCE is nothing more than a temporary stop, the final outcome is still to be determined, the market is in a momentary equilibrium.
Will BTC drop further?
Are we at the Bottom?
Is this a bullish pre-cycle accumulation?
Fair questions, but difficult to answer...
I have no idea, and I don't think anyone does... there is still too much uncertainty around the markets, and it is true that the problems we have today and that we did not have 1 year ago do not seem to have any kind of solution in the short term.
Regarding the problem of inflation, no matter how much our governments tell us that the measures are already noticeable, we are not going to be so naive to believe them yet... basically, because they are the main architects of today's inflation... and it is not something that was unpredictable knowing that the central banks were printing infinite money a few months ago...
On the other hand, we have the Russian-Ukrainian war, the possible output of this conflict adds more entropy to the matter...
Energy prices...
Not to mention the huge crypto scams that seem to have picked the "worst" time of all to implode...
And the main related question is?
Who the hell is going to risk investing in a situation of uncertainty like the current one?
Possibly not so many...but...
...I am doing it, DCAing, without haste but without pause because if something still makes sense given the panorama we have, it is BITCOIN imo...
or is it not?
It seems to me that we will not have a better opportunity.
