The calm before the storm - Bitcoin at 86k

in #hive-engineyesterday

The market today is in a strange state of anticipation and everyone is waiting to see the next step Bitcoin reached 86,000 and this is a very good number but it is also not a final number that allows us to say that we are in an upward or downward trend The current situation is more like the calm before the storm and the coming days will determine where exactly we are going.

For me I believe that we are at a real crossroads especially after the news that began to emerge about Trumps meeting and the confirmation of the existence of a strategic reserve of cryptocurrencies which is being prepared away from taxpayers money This means that there is more official interest in digital currencies and this could be the beginning of a new phase in the market The question here is Will this interest lead to a strong rise Or will it open the door to regulations and laws that put pressure on the market.

The great thing about the current situation is that we are living in a period full of events and those who understand the market and follow it well can take advantage of the opportunities that will appear I personally follow the developments and I try to see what the right step is that I can take whether in Bitcoin or other cryptocurrencies.

I hope that the coming days will bring us a clearer picture because any strong movement in the market will have a great impact on investors decisions Do you expect the rise to continue or are we entering a major correction.

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Posted using Tribaldex Blog