Ualifi Araújo
--
Bullish
GOOD MORNING!!!
Gentlemen, what a weekend this was? We had the suspension of Nikkei 225 futures in Japan after opening and falling -10% (the maximum daily allowed), the same happened in Taiwan, and we almost had the same in the United Kingdom and Germany.
The entire global financial situation is truly dramatic, however, our old and good #BTC is still at acceptable price levels. Of course, people are extremely upset with all this drop in Crypto, but gentlemen, I invite you to look at the stock market and see how things are there... we are still holding up quite well here.
The #altcoin naturally fall more because they are smaller, of course... but we still have most of them at their strongest supports and obviously some recovery should happen today.
Most are waiting for some black swan today, but it is quite likely that there won't be one, after all... these events are always a surprise, and when everyone is expecting them, they are no longer surprises, and therefore they never happen; yesterday was indeed a surprise, haha.
In any case, we are back at the extreme of OVERSOLD, and again some recovery from here is the most likely. Any selling at this moment is something extremely unfounded and a fatal mistake.
We do not have a problem in Crypto; we are being dragged by traditional markets that are in free fall, once that stops, we will recover in crypto very quickly, keep practicing patience here because nothing has changed, and we WILL have an Altseason.
Gentlemen, what a weekend this was? We had the suspension of Nikkei 225 futures in Japan after opening and falling -10% (the maximum daily allowed), the same happened in Taiwan, and we almost had the same in the United Kingdom and Germany.
The entire global financial situation is truly dramatic, however, our old and good #BTC is still at acceptable price levels. Of course, people are extremely upset with all this drop in Crypto, but gentlemen, I invite you to look at the stock market and see how things are there... we are still holding up quite well here.
The #altcoin naturally fall more because they are smaller, of course... but we still have most of them at their strongest supports and obviously some recovery should happen today.
Most are waiting for some black swan today, but it is quite likely that there won't be one, after all... these events are always a surprise, and when everyone is expecting them, they are no longer surprises, and therefore they never happen; yesterday was indeed a surprise, haha.
In any case, we are back at the extreme of OVERSOLD, and again some recovery from here is the most likely. Any selling at this moment is something extremely unfounded and a fatal mistake.
We do not have a problem in Crypto; we are being dragged by traditional markets that are in free fall, once that stops, we will recover in crypto very quickly, keep practicing patience here because nothing has changed, and we WILL have an Altseason.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
BTC
94,819.28
+0.15%
ETH
1,806.33
-0.54%
