🚨🚨📍𝕄𝕪 ℙ𝕆𝕍📍🚨🚨
𝑰𝒔 𝒊𝒕 𝑻𝒓𝒖𝒆 𝒕𝒉𝒂𝒕 𝑩𝒊𝒕𝒄𝒐𝒊𝒏 𝒘𝒊𝒍𝒍 𝒓𝒊𝒔𝒆 𝒂𝒈𝒂𝒊𝒏 𝒔𝒐𝒐𝒏, 𝒂𝒔 𝒕𝒉𝒆 𝒑𝒂𝒕𝒕𝒆𝒓𝒏 𝒉𝒂𝒔 𝒓𝒆𝒑𝒆𝒂𝒕𝒆𝒅 𝒊𝒕𝒔𝒆𝒍𝒇 3 𝒕𝒊𝒎𝒆𝒔 𝒊𝒏 𝒕𝒉𝒆 𝒑𝒂𝒔𝒕 𝒂𝒍𝒓𝒆𝒂𝒅𝒚?
Bitcoin has already shown that it will not do as expected.
If it was easy to be making money, everyone would be, but they’re not. Everyone expected it to go lower than 3k, it did not.
Everyone expected it to stumble on the way up to 6k, it rocketed through it. No-one (literally no-one) expected it to go to 14k so fast. Everyone expected a 30–40% correction (as in every past bull market) and its gone down over 50% so far.
If you just watch the Bitmex shorts/longs, it nearly always does the opposite of what people are betting on. The one thing that has been reliable is Bitcoin continues to rise IN THE MACRO over 11 years.
So as long as this continues, dollar cost averaging in, should continue to be profitable. Bitcoin is already widely known as being digital gold and no other digital asset is anywhere close to Bitcoin’s scale, security or adoption. There are so many variables in this space, but if Bitcoin does continue to rise & gain adoption, it will most likely continue to be the best performing asset by some margin.
#CryptoMarketMoves #WBTCUnderScrutiny #MarketDownturn #SahmRule
