This should be the strongest and final rebound of bitcoin as it going further down. My prediction will be 16k before the bottom is really bottom.
We already hit 18k, and it immediately rebound to 19k, which apparently is a cat market - dead cat bounce.
Still the economy is not stable:-
1. The Ukraine war is escalating or there are no way out still, the USA still sponsoring Ukraine with millions of support. And Russia had determine to turn off the gas pipelines.
2. The China lock down or so call communism close down policy. Is rather fishy and insane or not making any sense. To just selfishly contain economy within China and remain exporting goods to outside. This mean that, they can make your money and you can not even make theirs.
3. The economy of whole world is frozen by covid-19 for 2 years and just seeing it start to melt. The melting process take longer than expected. People do not want to travel due to safety or rigid process. And yet some country do not want you to visit them. It's just not going back to pre-covid era.
We already hit 18k, and it immediately rebound to 19k, which apparently is a cat market - dead cat bounce.
Still the economy is not stable:-
1. The Ukraine war is escalating or there are no way out still, the USA still sponsoring Ukraine with millions of support. And Russia had determine to turn off the gas pipelines.
2. The China lock down or so call communism close down policy. Is rather fishy and insane or not making any sense. To just selfishly contain economy within China and remain exporting goods to outside. This mean that, they can make your money and you can not even make theirs.
3. The economy of whole world is frozen by covid-19 for 2 years and just seeing it start to melt. The melting process take longer than expected. People do not want to travel due to safety or rigid process. And yet some country do not want you to visit them. It's just not going back to pre-covid era.