HAVE WE BEEN HERE BEFORE? | CRYPTO MARKET

If I have not welcome you already, welcome the year 2022, when the nations is facing diverse problem like war, inflation, energy and so on. The big question is, can things get better or worse? Although, crypto was showing some bullish sign not until few day got that things is turning red. Some people still have confidence in the market that their will be a bull run very soon. The market is showing some false bullish sign and I think the market as not reach it button yet. I am sure you don't want invest your whole into the market only to find our that it is just a false bullish sign. For us to better understand what going the crypto market, we need to check the historical data.

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For sure, we have experienced this kind of thing before in history, it just might not be the exact thing but there are many different things we can consider. You don't need a guru to tell you a that the price of a crypto market doesn't move in a straight line. We don't always see crypto price drop up to 70% and recover in less than one month. History have open eye to know that when things are not going well with the market and different things are happening to the economy, that is the right moment to buy. Even though if is good idea to buy in the dip, it is not always easy because there are always false rally. The issue of interest rate has been a major problem to the crypto bearish market and we should not expect things to get better soon because the FED just increase the interest rate again. If we are going to see a bullish market again, if will base on FED reducing the interest rate.

FED

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We can don't blame the decision of the FED because they did it to reducing the insane inflation and also FED increasing the interest rate is affecting the economy growth. Inflation and recession are not good thing, but I think controlling inflation is very vital than avoiding recession. We can not actually predict which way the crypto market will be going right now. If it will continue going down, we don't know or will it go up any time soon, we can't tell for sure.

The price of gas is the US was just maintaining it price before Ukraine got invaded but it is just getting a little bit better. Gas is just one of the things in the economy, there are still a lot of problem to talk about like massive increase in rent. The crypto market is still bleeding because Bitcoin is still down over 50% from it all time high. Some people have a false idea about crypto that is a different world entirely that can not be affected by traditional finance world. We can not deny that world is going on the real world like inflation, interest rate, recession, stock, and so on, they all influence the direction of the price of a crypto.

With the things going on the world right today, it would be a bad idea to assume that crypto will not be uncertain. The uncertainty in the market should make us treat crypto with caution. You might be wondering and wanting ask to know the right time to buy. I don't know for sure where the market is heading. What I will say is to be smart with your investment.