EXTREME FEAR IN BITCOIN MARKET! BEST BUYING OPPORTUNITY OR BEGINNING OF BRUTAL BEAR MARKET?



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What’s up E.T Fam?! I hope Monday is treating everyone well. I have some thoughts to share with you all. The market has been a little boring today. This might not be such a negative thing. We could use a bit of a break after all of the drama that’s been occurring lately.

We’ve seen stories of potential Fed tapering (for the thousandth time,) the new variant, and a huge leverage shakeout sending prices crashing. Though things have been rough these past few days, those of you who have been following the content should have been well prepared to take advantage of this moment. Currently, the looming question ringing throughout the entire crypto space is, “Is this the end of the bull run?” Well, it’s a bit of a mixed answer. In the short term, we may see a bit more downward movement.

However, the on-chain data is still showing plenty of signs of us being macro bullish. What does this mean for you? It means that it’s not time to panic….but it is time to manage your risks accordingly. Think very carefully before making any renegade bets on risky projects. With that being said, there are still some bullish narratives to look forward to.

ZK-Rollups are still looking pretty good. Plus, getting in on some opportunities will more than likely not require you to risk any capital. Oliver shared some great alpha on potential upcoming airdrops in today’s Daily Roundup. So, be sure to visit my blog site and check it out. Stay focused Fam!


00:00 - Intro
00:42 - Elliotrades Research Team
01:25 - Looming dangers in the macro landscape
03:35 - Is the worst over?
04:42 - How to cut through the noise
05:44 - A more nuance view of inflation
06:28 - News vs Whales manipulation
07:57 - Have we entered a bear market?
09:05 - The tale of on-chain metrics
10:20 - The end of prolonged bear cycle
12:46 - ZK-Rollups
13:41 - NFT on the comeback?
14:38 - Neo-Tokyo news
15:05 - SUPER Coinbase listing
15:26 - Outro

DISCLAIMER: This is not financial advice! This is an entertainment and opinion-based show. I am not a financial adviser. Please only invest what you can afford to lose, and we encourage you to do your own research before investing. DYOR
Category
Cryptocurrencies
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