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Don't get too excited

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by COINS NEWS 81 Views

Green!

I'll admit it, it feels good to see green after so long. But there is still a lot of fear out there, and some people will see this as a chance to exist.

I certainly believe in crypto for the long term, but I think we're still a little far out from the Apr 2024 halving for the next bull cycle.

The pop in bitcoin may be related to lower December inflation numbers, meaning lower interest rates sooner rather than later. However the world still has too many short term headwinds for disposable speculation money to increase.

I say this because I don't want people to get overly excited and hopeful to see more green in he near term. Hodl strong friends.

submitted by /u/erjo5055
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