We can all agreed that crypto is the most volatile market out there so I think it’s also fair to agree that if it goes bullish it will rise significantly or if it falls then we will see a near halving from these levels.
Although I have been bearish for a long time and remain so, I am impressed by bitcoin and ethereum’s resilience in their bear markets.
The idea—although I’m not a believer in it—that bitcoin is an inflation hedge is giving it some strength and the tensions in Ukraine are just the sort of tailwinds that help to keep crypto aloft. The market call is a simple one, up a lot or down a lot. We can all agree that crypto is the most volatile market out there so I think it’s also fair to agree that if it goes bullish it will rise significantly or if it falls then we will see a near halving from these levels.Bulls will see the following chart as the way forwards with a massive and wide channel that suggest a higher high, in the next few months with bitcoin grinding on up.
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