Dear subscribers, Welcome to Bitcoin Onchain, Offchain, and Beyond. In the last forecast (BTC price: $36.5k), I pointed out it was time to be careful in the crypto space as neither demand nor existing participant sentiment turning bullish was showing, and both are needed for a return of bullish trend. Since then, we experienced one of the largest collapses in crypto history. With UST de-pegging, Luna dropped to zero in 4 days and $300b evaporated in total crypto market cap. It has been a tough week, and I hope you are okay.
Crypto Winter’s Coming
Crypto Winter’s Coming
Crypto Winter’s Coming
Dear subscribers, Welcome to Bitcoin Onchain, Offchain, and Beyond. In the last forecast (BTC price: $36.5k), I pointed out it was time to be careful in the crypto space as neither demand nor existing participant sentiment turning bullish was showing, and both are needed for a return of bullish trend. Since then, we experienced one of the largest collapses in crypto history. With UST de-pegging, Luna dropped to zero in 4 days and $300b evaporated in total crypto market cap. It has been a tough week, and I hope you are okay.