Post by: newshunter on January 29, 2022, 07:00:22 PM
Bitcoin derivatives markets are finally seeing a long-awaited sustainable reset, increasing the prospects of a “relief bounce” to come, a new market report says.
Source: Bitcoin dodges ‘sub-$30K liquidity grab’ — Levels to watch now (https://cointelegraph.com/news/bitcoin-dodges-sub-30k-liquidity-grab-levels-to-watch-now)
Would appreciate your opinion about this
Post by: TomPluz on January 30, 2022, 11:22:57 AM
Well, let's hope nothing bad news happen that can pull down the market again. I am not so sure if the coming invasion of Ukraine by Russia - in case Putin will decide to make it a big reality - can push down the market to a new record low. Anyway, there is a glimmer of hope here of a strong rebound since all the factors for the decline have already been factored in and hopefully that it already includes the decision of the FED to tighten the money supply as a response to control inflation under the senile and funny Biden administration.