Market Update

So right now Bitcoin looks to be struggling to keep up with its upward trajectory. I wouldn’t be surprised if we headed back lower for a bit. Maybe to the $25k range. I’d be a definite buyer there. I would expect Alts to go down further percentage wise. That’s when I’d scoop them up.

Long term this price action is really healthy. Much of the froth is gone and leverage is also fairly low for the upside.

Other than that, the SEC just admitted that they aren’t in a rush to give any clear regulations until potentially years down the road. Not sure how many projects will want to put up with this and stick around… The way I see it is crypto competes with their future CBDC. And in their eyes, competition is a sin. This is why Heidi and I always mention getting coins off exchanges and learning how to use decentralized exchanges. If there’s one thing we do have, it’s foresight.

Chat soon