Brothers, I'm losing money
It's still in a falling period. Personally, I think $BTC should go to around 4.8-5w to be the bottom, and the corresponding Nasdaq is around 1.35w-1.45w to be the low.
As for the macroeconomics, there will be a Fed interest rate decision tonight, and there is a high probability that it will remain unchanged, and it is very likely to be hawkish, just like it has been hawkish recently and said that it may raise interest rates to 8%. If you dare to raise interest rates like this, I think it's a way of killing 800 enemies and hurting yourself 1000!
But to be honest, there should be at least one interest rate cut this year, otherwise you Americans will have enough debt to drink a pot. Now they are dragging their feet and not cutting interest rates, which is a financial war with us. They want to make funds from other geopolitically unstable regions run to the United States, but they didn't expect China to come out in the middle. Therefore, the United States has been raising interest rates since 22 years and has not cut interest rates to maintain high interest rates. It wants funds to go to the United States and reap the world's financial markets, such as Egypt, Japan, Southeast Asia, etc., as well as the decline of A-shares. If I say that if the United States does not cut interest rates this year, even if it reaps other countries, it will be difficult to get benefits in China. The consequence of continuing not cutting interest rates is that the United States has too high debt and the collapse of the banking industry.
Anyway, I personally think that at most it will fluctuate or start to rise around July in the middle of the year, unless there is another global event (epidemic/war), etc.
In short, if it falls, it will be spot. I personally bought all 100 Us at $IOTX , and I didn't say anything even if it fell like that.
As for spot, it is better to recommend that you buy more BTC/ETH. To be honest, I am too extreme for those who are all-in on IOTX like me.
However, in addition to mainstream coins, altcoins such as $WLD can also be configured in small quantities.
