Still Hanging Around
The real action is taking place off the exchanges
I’ve talked a lot in the last few weeks about how quiet and calm Bitcoin trading has been.
No major change there—still oscillating under $30,000 per coin.
This can be very frustrating for traders and short-term thinkers, but energizing for long-term holders, as the steady price gives people plenty of time to accumulate positions.
Still, the world’s most successful digital currency has a long row to hoe. For example, the SEC declined to rule on a spot EFT application.
And in case nobody mentioned it recently, the economy still isn’t great.
So… we wait some more…
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.