Bitcoin on a long winning streak

[Hanno Labuschagne]

Bitcoin on a long winning streak

A prolonged rally in Bitcoin is giving crypto enthusiasts a smidgen of something to be happy about during a dark period for the industry.

The world’s largest token has advanced for nine straight days, the longest such streak since 2020, according to data compiled by Bloomberg.

[Bloomberg]

 

[ScottulusMaximus]

Lambos to the moon!!!

 

[Forum Reader]

 

[kota]

looks more like short term retracement upward before breaking down again to me, but anyways.

 

[Fulcrum29]

I personally don't see a bull run 'to the moon' during a recession (which has already been experienced in my view). A bit OT, the same people (and nations) who said that people are 'imagining' a recession are now saying that the markets will now gradually recuperate in the months to come, all the while the World Bank has now given notice that a global recession is impending, and even the US banks are said to make preparations.

From signals, I can only derive that some are gaming crypto liquidity. As always preying on the desperate and the get rich quick. The cryptomarket, as always, remains incredibly volatile.

All I can say is, be smart with your money.

 

[Snyper564]

And with volatility comes opportunity!

I personally don't see a bull run 'to the moon' during a recession (which has already been experienced in my view). A bit OT, the same people (and nations) who said that people are 'imagining' a recession are now saying that the markets will now gradually recuperate in the months to come, all the while the World Bank has now given notice that a global recession is impending, and even the US banks are said to make preparations.

From signals, I can only derive that some are gaming crypto liquidity. As always preying on the desperate and the get rich quick. The cryptomarket, as always, remains incredibly volatile.

All I can say is, be smart with your money.