@elonmusk Imagine knowing the honest opinion of 350 million people in real-time. I would expect that everyone would be interested in finding out what the world thinks. Soon a billion people would join the network...then billions.๐
We just have no business above a 4 handle until inflation is fixed AND jobs are stable.
A recession is very likely coming as inflation gets under control.
This is when stocks will get hit most and they will take crypto with them.
This is just boring points gents.
This market is super simple
Do nothing till
A black swan in traditional markets (credit/real estate) and hard recession. Then buy.
OR
Inflation gets back to good without a black swan and we return to bull, roll into mid cap alts. They will still have TONS of x's on them.
Yesterday I heard rumours about Huobi. Now I see a lot of withdrawals from it. And the $HT chart looks ugly af.
These are just rumours, but better safe than sorry.
Today:
-CPI data at 1:30pm GMT
-SOL unlock in 90 minutes
-Bounce from the low looking corrective
-SPX being rejected from resistance and DXY bouncing from support
Last capitulation wave incoming.
Indicators show that the capitulation event is already happening. Expecting last 15% drop on BTC and 30-40% on altcoins. Then the local bottom is in. Probably this week.
FTX Token $FTT social mentions, engagements, and contributors have all made new ATHs.
If you donโt know why - Get caught up FAST with the top trending $FTT posts and news on LunarCrush.
๐ง๐https://t.co/tgzC0W2iPp