Bitcoin is down 35% on the one year after a double peak and new all time high back in early November, 2021. It’s been down ever since.
At what point do we call this what it is (crab salad?)
Maybe it’s not going to be another long cold winter with 80% down, but with four months of generally red movement it isn’t a bull anymore either.
And now that all the b.s. price predictions have dropped along with BTC and ETH, maybe we can get back to talking fundamentals and how blockchain tech can revolutionize/protect wealth.
Sure the rush of seeing a 50% green candle day is mostly gone (or that sinking feeling of missing the boat), but that just means the market is maturing.
I’m glad the euphoria/depression cycle is over. Now we can get back to fundamentals and unique use cases.
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