How Long Will It Take for Bitcoin’s Price to Exceed $30K Once Again?
1. Some experts believe the crypto market will bounce back from the current crash in the next few months. 2. Others think that investor wariness is going to persist in the near-short term. On Wednesday, bitcoin rose above $20,000 amid market sell-offs and worries over the economy’s health. $Bitcoin (BTC.CC)$$Ethereum (ETH.CC)$$Coinbase (COIN.US)$$ARK Innovation ETF (ARKK.US)$
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KingNY-Life
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It is impossible for Bitcoin to break out of an independent market when the economy is bad. Currently, looking at Bitcoin's only function is money laundering. The general environment is bad, and demand is constantly declining, so it will continue to decline. Other digital currencies with all kinds of messy names are even less valuable. When the stock market continues to fall, it will cause capital from the digital currency market to flow back to low-priced, high-quality stocks.
Sg-Jin : QE to infinity.![rolling_on_the_floor_laughing 🤣](https://static.moomoo.com/nnq/emoji/static/image/img-apple-64/1f923.png)
Lettiezone : anybody should I join now????
KingNY-Life : It is impossible for Bitcoin to break out of an independent market when the economy is bad. Currently, looking at Bitcoin's only function is money laundering. The general environment is bad, and demand is constantly declining, so it will continue to decline. Other digital currencies with all kinds of messy names are even less valuable. When the stock market continues to fall, it will cause capital from the digital currency market to flow back to low-priced, high-quality stocks.
KingNY-Life Lettiezone : Don't buy, wait and see with cash
Lettiezone KingNY-Life : thanks