You think another pandemic spike and fresh lockdowns will affect the market? I have a bad feeling about this winter
Nobody is afraid of Covid anymore. The big Covid crash of March 2020 was due to people fearing it to be like the Spanish Flu 2.0 (very deadly). Now people treat Covid as a joke.
When the US gets news of a lockdown, I can see it dip to 20k and potentially lower. It'll be similar to last year when covid was announced.
The lowest BTC will go in a severe bear market is ~14,000. It confluences with 2019 high and with the 200 week simple moving average. I doubt it will go under 14K ever again.
Is anyone else struggling with the idea of getting a part-time job? I can't see myself working some dead-end summer job when I can make the eqivalent of a month's wage off of staking rewards and by occationally swing-trading.
Crypto's completely ruined my work ethtic wallahi
Makes no sense to me as it is not wise to ''live off'' your trading gains. You have to keep re-investing and trading that to let it grow. So it is always good to have a sidejob.
Imagine this turns into a severe bear market and BTC goes to like 15K and Ethereum to like 800, then if you have a side job you can deploy fresh fiat at those lows for the swing back to 65K BTC and +4K ETH. So it is always good to be a wage cuck.