Bounce, Bounce, Bounce
So... is the bottom in for Bitcoin and crypto?
If you stayed in the game, and kept your positions, you had a good week.
Best one in a while.
After weeks of toiling around $18-19k, Bitcoin regained the $20,000 price mark and marched toward $21,00. The rest of crypto went right along with it, with altcoins in many cases gaining in higher percentage values than Bitcoin itself.
It’s not clear whether this is bear trap, or if these gains will stick. Uncertainty abounds, and there is plenty of pressure still on digital assets and other investment sectors.
But it’s nice, right? Nice to have a significant jump in asset value after a long slog of mostly downward trend. The other interesting part—the narrative around crypto is so negative, the naysayers so loud… most people outside of a small group of enthusiasts haven’t noticed the upward trend.
Meanwhile…
Miss El Salvador sported a Bitcoin costume at the Miss Universe pageant
The crypto house covered in NFT wallpaper is having a rough time on the market
The Crypto Connection is for entertainment purposes only and is not meant to be financial advice. Please do your own research before investing in any asset class. Sara Celi is not a financial advisor, and holds several cryptocurrencies. To purchase her books on Amazon, please click here.