Experts say crypto market has stabilized

Wait until America officially enters a recessiion this year. We'll talk again.
 
How is this stability? This is the same erratic pattern as in 2017 when Bitcoin plunged in December followed by cryptocoins peaking and plunging in January.
 
I guess my own prediction won't come to fruition. The pump is real now, but it may also be short-lived. A better reading will come at the end of the month, but the markets overall still aren't all too healthy.
 
Dan C said:
Experts
Click to expand...

I am predicting a slump today already. There has always been a correlation between the markets and the crypto markets. It is not a clear pattern, and hence shouldn't be used as a gauge, but the one's performance is reflective of the other. Crypto remains highly speculative, not much regard is given to its utility.

What is happening now is a bit of a game. There will be winners and many more losers.
 
Fulcrum29 said:
I am predicting a slump today already. There has always been a correlation between the markets and the crypto markets. It is not a clear pattern, and hence shouldn't be used as a gauge, but the one's performance is reflective of the other. Crypto remains highly speculative, not much regard is given to its utility.

What is happening now is a bit of a game. There will be winners and many more losers.
Click to expand...
1658166863272.png
 
Ethereum going up 40% in 4 days is not 'stable'. That means it's time hedge with some short positions.
 
Oh boy, the cryptobros are in full swing out of the woodwork. The punting is at a 2022 high.
 
You must log in or register to reply here.
Back
Top
Sign up to the MyBroadband newsletter
X