Based on what's happening between Russian, the Ukraine and the sanctions imposed on Russia. My stance on BTC dropping to 20K to 25K has change and i'm now a bit unsure as to what can happen based on the environment that we're in.
Russia may be preparing to skirt economic sanctions by using cryptocurrencies. The effect that this might bring the the crypto market can be very huge and influence prices as Russia potentially can direct billions (maybe trillions) of volume alone into the crypto. I think this could have positive effects on assets like XRP and others.
Given this environment, I'm a bit unsure as what the outcome is but I'm now becoming a little more bullish on crypto once again. However, I'm still patient and will be monitoring things closely.
- Maradona Capital
- Patience Pays - Not Trading
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