The tradfy world is fearing a recession right now. The 10y - 2y yields are about to reinvert to positive territory very soon and in the past that usually marks the start of a stock market bear.
The crypto world is waiting for the halving right now and is expecting a standard bull market. Which of those forces are going to win for crypto? The halving or the recession. I honestly have no idea. I am betting on the standard crypto cycle to prevail, but no one knows whats gona happen.
When we get the next recession scare BTC might just retrace a big % of the rally off of the bottom and still continue to its standard path. But the week to week wiggles are almost impossible to predict.
I entered the crypto cycle November last year and my portfolio has varied from +25% to -25% for the past year. With the recent rally im in profit for now.
The crypto world is waiting for the halving right now and is expecting a standard bull market. Which of those forces are going to win for crypto? The halving or the recession. I honestly have no idea. I am betting on the standard crypto cycle to prevail, but no one knows whats gona happen.
When we get the next recession scare BTC might just retrace a big % of the rally off of the bottom and still continue to its standard path. But the week to week wiggles are almost impossible to predict.
I entered the crypto cycle November last year and my portfolio has varied from +25% to -25% for the past year. With the recent rally im in profit for now.