So Many Crypto Bears, But Should People Be?
I don't really want to spend too much time on my reasoning. But I will say this:
- biggest wealth destruction in modern history already occurred
- midterm election year, generally quite bullish
- crypto market still holding 200W MA
- short-squeeze, retailers have piled in short (behind the pack as usual)
- consumer sentiment at ATL
Long-story short, 2022 been brutal, everyone still waiting for more carnage. But I believe we're done bleeding.
We're all entitled to our own opinions, analysis. This is mine. Take it with a grain of salt if you like......
- biggest wealth destruction in modern history already occurred
- midterm election year, generally quite bullish
- crypto market still holding 200W MA
- short-squeeze, retailers have piled in short (behind the pack as usual)
- consumer sentiment at ATL
Long-story short, 2022 been brutal, everyone still waiting for more carnage. But I believe we're done bleeding.
We're all entitled to our own opinions, analysis. This is mine. Take it with a grain of salt if you like......
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.