Bitcoin On Retreat?

tylerwinklevoss
2022-10-21 10:16:48

Just what I have been expecting, Bitcoin - and cryptocurrency in general - is making some retreat moves just as we are still in the first week of December. Will it be the dominating mood of the market for the rest of the month and will it be a big sign that on the fist quarter of 2022 the bears can be gaining more strength? Personally, I am hoping this is not the case and that the dip can be attracting whales to focus their attention on Bitcoin.

elandicaprio
2022-10-21 10:22:38

Personally, I saw something similar in the development of the market. It seems to me that there has been a disembarkation of "weak hands" from the market. Many sold on the fall, others merged at stop-loss orders. Now I think growth will follow, but what then is the question.