Iโm bullish.
Cyclically, the chart, the macro context wrt to gold.
That said, a lot of info coming out about last Friday and that there may still be some serious fallout that has yet to be resolved from MMs, Binance etc.
If this results in more selling and there simply arenโt enough buyers it doesnโt matter how favourable the set up is, it will fail.
Gonna ride or die with the set up for now.
The MiCA effect ๐ช๐บ๐
The share of VC investment into European crypto projects is up almost 10x in one year - from a share of 5.9% in Q1 2022 to 47.6% in Q2 2023.
Regulatory clarity attracts capital & entrepreneurs from around the world. Great development for crypto in Europe!