Bulls Take the Lead
Starting to feel like we're out of the Bitcoin downturn
Lots of confidence swirling around Bitcoin and crypto these days.
Feels like the bulls are back in control, and optimism abounds. Bitcoin itself is ticking along at above $34,000, and insiders say it’s only a matter of time before the SEC approves the anticipated Bitcoin spot ETF.
With more attention comes a higher price for the asset.
Case in point— Bitcoin shows no signs of overheating, despite doubling this year.
Meanwhile, Sam Bankman-Fried will take the stand again today in his fraud trial. Expect… a mess. His appearance Friday came complete with all kinds of grandstanding about how he wanted to make the world a better place, “made big mistakes”, comments about how he was too busy and lazy to keep his hair cut.
I’m sure the cross examination will be nothing short of entertaining.
Plus…
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.