Wow. You write with some much anger and yet still calm.
Well, the changes in crypto world or Bitcoin didn't started now, the whole rises and fall in market that has been making everyone scared of risking their money. Lets see what happened in 2018 crypto beer market. A lot happened
- Federal interest hike
2)China trade war with theUS
3)Spot ETF denied
4)CME lauches Futures - Largest crypto hack occurred all of these crazy things happened 4years that caused a changes in the market before the next hack, now in 2022
1)Federal reserve is raising interest rate aggressively.
2)China Covid-19 cases are causing big fall in the supply chain issues in the US
3)Major bitcon spot ETFs continue to be denied. Just imagine
4)Bitcoin futures were approved - and now, NTFs
But the way bitcoin broke its resistance line, its far worst than what occured 2020 or 2021 if i'm right. Yes, all this have set trader in great alarm, so many decided to pull out and the cold risky taker keep on buying and holding, taking advantage of the changes in the market. Its like bitcoin or crypto market wish to start afresh which i cant say about that.
And for Luna been delisted from binance. Oh dear, i did made some cash with futures trading on that pair.
I keep telling people doesnt invest in crypto with money you can't afford to lose. Right now, i just fold am arms and watch things plays. And keep holding
I don't think the break down is so bad yet on BTC, but it is likely to go down again for a bit, considering the economic news coming out globally and the potential for FUD profit by the manipulators.