Uneventful Markets

in #crypto3 months ago (edited)

Market has been pretty uneventful for the week.
Kept seeing on the news the 5th was supposed to be really really big.
The good thing is this slow periodical growth not dumping is much more sustainable than how past Bull runs were. We might see some crazy new ath's next year.
Or we might see a huge Christmas dump because people need money.
Oh January might have a new pandemic. It's a conspiracy but a medical professional (like one of the super major ones) said something is brewing in China right now. So always be aware of the black swan. It’s inflation killing our spending really. It’s not as high like 2022 but it’s still there more specifically food. So according to the government more people spending a currency and making more money makes inflation more. So removing 20 million people from our economy should help inflation.
It seems we have very little fomo compared to believers holding. This is definitely different from 2021. BTC fizzles out first so it's the hardest to tell when it's going to be done. For it to hit another 50% of it's current value and it's already 7x it's low point... I don't think so. Could it hit 120? Depends on what Trump and Elon pull.

Sort:  

This post has been supported by @Splinterboost with a 12% upvote! Delagate HP to Splinterboost to Earn Daily HIVE rewards for supporting the @Splinterlands community!

Delegate HP | Join Discord

Congratulations @oneyear! You have completed the following achievement on the Hive blockchain And have been rewarded with New badge(s)

You received more than 10 HP as payout for your posts, comments and curation.
Your next payout target is 50 HP.
The unit is Hive Power equivalent because post and comment rewards can be split into HP and HBD

You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word STOP