Important Levels

Hi Friends,

The crypto market has taken a big hit this week, and Bitcoin is no exception. We are coming up to one of the critical "psychological" levels - $40,000:

The more of these sorts of levels that get broken, the fewer buyers of the dip there will be to prevent further declines. The hard thing about crypto is the ever-increasing supply of coins - demand (or people just holding in proof of stake payouts) must outpace sellers + new coins minted, or your value is going down. Even if the price of your coin stays the same, your percentage of coins held in the project goes down with the inflation.

All that to say, Bitcoin must keep doing well for crypto markets to succeed - go BTC!

Thanks for coming by,
Brian