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REPORT COPYRIGHT VIOLATION IN REPLY
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Message Subject
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Crypto bottoms when we have our next "world event" similar to covid pandemic
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Poster Handle
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nemo_solus |
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Post Content
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i am highly... highly convinced that this is not the longterm bottom. the only thing i'm not sure of is how long this bullshit lasts before it goes down again.
Quoting: Mr Cheese Completely agree, this is not a long term trend reversal. There is too much bad news waiting under the surface from the FTX disaster that can still wreck the market. When that starts coming out (and who knows when that may be, but likely sometime within Q1 as you can't hide solvency/cash flow problems for too long) we'll be back to the bears. I'm sort of wondering if this isn't an "exit pump" of some sort. For now, it's a good trading opportunity, just have to be careful not to become a bagholder.
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