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Anyone else think the crypto market is moving back into bullish territory despite the next Fed meeting in March?

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by COINS NEWS 150 Views

I don't know shit about fuck. This is hopium but my thoughts are below on why we might be seeing a possible comeback after 2 months of red.

And I mean this mainly due to the fact that everyone knows interest rate hikes are going to happen this year, multiple times, and we're practically back at the same price we were even before the Fed's announcement yesterday. Hell, there was a large price hike initially and people quickly took profits and brought it back down to the same price.

We could have been tanking even further. There's even the new anti-anonymity bill and the price has either stayed the same or risen a bit, but Bitcoin hasn't gone back to the lowest value it was this year.

It appears the market seems to be less vulnerable to bad news in the press these days. We should honestly be below $30K at this point. Similar news years ago would have done crashes from 80-90% years ago and yet this hasn't happened.

Something tells me February is going to be a comeback and March will be a slight correction. Crypto is getting less volatile each year. I don't think we're ever going to see 75%+ crashes anymore (at least not with Bitcoin).

submitted by /u/Puppy_Coated_In_Beer
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