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We could see Bitcoin sub $15k and Eth $1k again

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by COINS NEWS 103 Views

It’s not outside the realm of possibility, and we’re nearing these numbers again.

J Powell came out and announced the next rate hikes would be higher than anticipated.

Gemini is collapsing before our eyes. JPMorgan is axing crypto exchanges like they’re going out of fashion.

And today, Silvergate Bank, a Californian company that mainly dealt with crypto, has announced its shutting down operations.

Of course, this is all happening in the midst of a bear market. But even still, the sentiment isn’t good.

We could very easily see Bitcoin sub $15k and Eth $1k again.

The macro picture hasn’t changed all that much. Red markets, still European war, inflation is still a problem.

This may be a while.

submitted by /u/hearsdemons
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