The trend suggests that $BTC may bounce back to $28k-31k range before it continues its dive to $12k area. While $ETH may continue its fall to $700 area before short relief at $1100, but if it breaks $1250, then the relief may come as high as $1800. All the before a deeper dive.
Ok..this came earlier than we expected, we have to revisit $ETH chart and $720 mid next month is not far from the trend. But Mid-August makes me worry more TBH. Take caution, anon!
Luxury items tend to fade during a recession as consumers tend to be more conservative on spending. At the start through the mid of recession, valuations are off the chart but later, true great names will stay & continue to deliver. When the dusts settle, youβll see them soaring!
The Bucket Auction has concluded!
Auction Stats:
- 6,528 total bidders
- 4,446 successful bids
- 11,975.42 ETH auction total
- 0.508 ETH price per Genesis Box
- 23.11 ETH in gas fees
Contract: 0xB75F09b4340aEb85Cd5F2Dd87d31751EDC11ed39
Collection: https://t.co/9fw5OIpvhk
If we will experience a deep world economic recession, do not be surprised that cryptocurrencies will react differently from previous crypto bear cycle β remember that this is the first recession the bitcoin will experience.
@EyalToledano This is fire! But on this part, would this imply that all 1,040 rare dooplicator contain the same trait like 1,040 lazer eyes, 1,040 single tooth mouth or 1,040 elvis hair? That would be weird.
But again, this thread is really awesome! π thank you !