2022 has not been an exciting year for trading and crypto holders. Many weak hands are selling off to save themselves from the turbulent market. The projection of many people last year on BTC reaching 100k turns out to be a massive slide down of the coin. BTC went below 20k and everything is still looking unclear in the market. Despite my dedication to blockchain and cryptocurrency, I have been careful with the state of the current market and I hold more stablecoins because of the unstable market.
BTC is currently trading slightly above $20k. A survey was carried out recently at the Bloomberg markets Live service which shows that BTC is more likely to drop to 10k than the possibility to move upward. 60% believe BTC will drop to 10k before any significant rise, while 40% think it will start moving higher from the current point.
950 people took part in the survey, and we always have a different perspective on the market. 20% of people called cryptos big shit while others believe it is the future of finance.
Most of us know blockchain is more significant than just crypto. There are bigger things coming through blockchain technology that will fix the world we live.
What do you think about this? Do you think or know that BTC will drop or will start rising?
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This would have been a great opportunity to get some links for Leofinance going and help in the search engine rankings.
For example, how hard it is to tie into the @leoglossary url for Bitcoin.
Here is the Main Menu, it should help.
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I don't think that prediction works on bitcoin,but i don't think it will go below 19k agian
Dear @tykee, sorry to jump in a bit off topic but may I ask you to support the HiveSQL proposal?
It lost its funding recently and your help would be much appreciated to keep the HiveSQL service free for the Hive community.
You can do it on Peakd, Ecency,
Thank you for your support!
Done!
Thank you for your support @tykee, really appreciate it! 👍
well, as a holder of crypto I sure hope btc goes up, up, up and takes all crypto with it!