[ Signature Report ]
Week #4: Oct 07 - Oct 13
Post Links:

01. https://www.altcoinstalks.com/index.php?topic=258090.msg1402449#msg1402449
02. https://www.altcoinstalks.com/index.php?topic=218886.msg1402626#msg1402626
03. https://www.altcoinstalks.com/index.php?topic=275902.msg1402896#msg1402896
04. https://www.altcoinstalks.com/index.php?topic=254931.msg1403327#msg1403327
05. https://www.altcoinstalks.com/index.php?topic=281974.msg1403693#msg1403693
06. https://www.altcoinstalks.com/index.php?topic=242711.msg1402453#msg1402453
07. https://www.altcoinstalks.com/index.php?topic=256867.msg1402629#msg1402629
08. https://www.altcoinstalks.com/index.php?topic=280666.msg1402906#msg1402906
09. https://www.altcoinstalks.com/index.php?topic=278030.msg1403331#msg1403331
10. https://www.altcoinstalks.com/index.php?topic=30991.msg1403780#msg1403780

According to the Pi Cycle Bottom indicator, we already have a bottom for BTC this crypto winter. BTC Halving will come in 2024, so we can start DCA today to accumulate more BTC for the next cycle.
It is difficult to determine the bottom exactly, so we should have an investment strategy to protect capital for the next bullrun.

I also think that the price bottom of the cryptocurrency in the current bearish period has already passed. This bearish period has been going on for almost a year, and it usually bottoms out within a few months after a significant price drop. The cryptocurrency market is very unpredictable and very price volatile. Therefore, the growth of the market can begin any day. The fourth quarter has already begun and this period is usually very good for price growth. The bullish period will definitely come, you just need to be patient and wait for this time.

Russia as a terrorist state yesterday, October 10, launched a massive attack on 18 peaceful cities of Ukraine, launching more than a hundred cruise missiles. 43 of them were shot down by Ukrainian air defense. According to Forbes, Moscow spent about $400-700 million on strikes on Ukraine in half a day. The missiles hit a thermal power plant, a playground, asphalt on the roadway, cars with people, museums, hospitals, residential buildings.
The Kremlin acknowledged these strikes, and the Russian Defense Ministry stated that the purpose of the strikes had been achieved, all designated targets had been hit.

Failing to achieve success at the front, the Russians launch missile strikes and actively use attack drones to destroy critical infrastructure and densely populated cities.

From a military point of view, these strikes do not matter. Due to the fact that the Russians are unable to detect and neutralize Ukrainian mobile air defenses, out of impotence, they are using their usual tactics of intimidating the civilian population.

I will remind you that many schools of thought, Crypto analyst, and market makers affirm that crypto is a hedge against inflation, unlike faits which is a subject of a constant inflation effect because it is centralized, is control by governments. Crypto is (Bitcoin) decentralized and can't be printed or regulated by any individual and has limited supply. It's limited supply, creates scarcity, and I don't think crypto is affected by inflation.

This was the prevailing opinion in the past. But life makes its own adjustments. As it turned out, everything in this world is connected much more strongly. It turned out that the global economy and finance are very actively influencing the cryptocurrency market. If inflation rises strongly, this negatively affects both the solvency of people and their business activity in this market, since they do not have the same opportunity to invest in cryptocurrency.

The Dogecoin coin has already had several price spikes after Elon Musk promoted this coin on social media. It is unlikely that such a hype will happen again, even if Musk wants to do it. In any case, I would no longer advise buying Dogecoin. This is already very risky. Now there are many promising coins even in the distant future, which are worth paying attention to. Dogecoin has already passed its peak of popularity.

Supposedly the current war can make everyone aware that cryptocurrency will not guarantee prosperity, when the world is being destroyed and there are many wars going on, the internet and electricity networks will be difficult to obtain so that it will make the circulation of cryptocurrencies stop and will disappear.

Yes, big and long wars are always great material destruction and human grief. This is a violation of supply chains and communications. Violation of the habitual way of life. We see that in areas where there are intense hostilities, people are left without electricity, heat, water and, of course, the Internet. Therefore, cash and even barter are the most circulated there. The war clearly does not stimulate the growth of interest in cryptocurrency and its prices.

The war between Russia and Ukraine has no more effect on the crypto market (eg Bitcoin). At the beginning of the war, it gave the market some boost but later deminish to the current trends. As a of matter facts, before the war, Bitcoin has also being experiencing bear run and the Russia war with Ukraine is a different factor, and I think there will always be Bull or Bear market respective of any war or disaster.

More than 50 states are directly or indirectly involved in the war between Russia and Ukraine, since they help Ukraine to repel the attack of a stronger aggressor to varying degrees. Also, of course, states lose in material terms both from the sanctions they impose and from violations of the established chains of sanctioned goods. Against the background of the continuing negative impact on the global economy from the coronavirus pandemic, all this worsens the level of material security and solvency of citizens. People will invest less in cryptocurrencies and spend more on meeting the minimum needs, as inflation has risen a lot. Therefore, the war unleashed by Russia continues its negative impact on the whole world.