BITCOIN MARKET IS BORING THIS MONTH

Bitcoin is boring this month, we don't know when something big will happen. Right now, we are seeing huge yields with US Treasury notes. Since the yield is experiencing a huge raise, we are seeing many investors getting out of it. We are seeing Japanese, Chinese, Russian and even the federal reserve getting out of this treasury note. We do not know when we will start seeing regular investors start jumping into this sort of thing to drive away a lack of interest. Even though we don't have an answer to that, what we do know is that there are a lot of strange things going on in the market and it creates a lot of uncertainty in the wider market.

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When the Fed pivot, we will start to see greens in the market. You should know that the Fed will be forced to pivot at some point. This hate time wouldn't lack forever. The winter period will put a lot of pressure on energy prices and many other things, this will compel the fed to pivot because the pain in the market will get too much. The federal reserve is doing a great job by causing pain in the market but it will reach a point where it will have to pivot. That will happen but not this year and I think it will happen early next year.

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If will study the Bitcoin chart very well, you will discover that this is actually a good time to buy. The chart shows that now is a good thing to be adding to your overall Bitcoin position. We are at a time when there is less risk in buying Bitcoin because if we buy Bitcoin at 20k there high potential risk than buying it at 69k. Honestly, we are all waiting for Bitcoin to perform some magic because the market is getting boring.