BTC at times of war
Crypto Meme market taking a hit supposedly due to the brewing war. People on twitter turning bearish and some even liquidating assets. No major moves and no big volume though.
Took Russian invasion in Ukraine as a reference, 24 February 2022 was the day the news hit. We did definetly dip but overall recovered well until May 2023 arrived.
Personally not selling anything. BTC daily chart still looking good to me after sweeping 25K. Could argue a H&S is forming but irrelevant at this point. I am still loading up on altcoins at these levels.
Like mentioned before there is still a chance of a blackswan, like the mini one with Evergrand Group in august. But i would rather take the hit than risk not having my bags ready for the bull.
Took Russian invasion in Ukraine as a reference, 24 February 2022 was the day the news hit. We did definetly dip but overall recovered well until May 2023 arrived.
Personally not selling anything. BTC daily chart still looking good to me after sweeping 25K. Could argue a H&S is forming but irrelevant at this point. I am still loading up on altcoins at these levels.
Like mentioned before there is still a chance of a blackswan, like the mini one with Evergrand Group in august. But i would rather take the hit than risk not having my bags ready for the bull.
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