WHAT IS BITCOIN DOING?
Over this past weekend, I took a look at BTC and the S&P500. If the S&P makes a push to the upside there’s a pretty good chance that BTC (Bitcoin) will follow and inch up once again. We’ve seen stocks take a hit, and BTC is doing the same thing, that’s not surprising. Gold is also on the downside and of course that’s because of the dollar. Once the dollar decides what it’s really going to do, once there is some consistency to its movement, we can be able to have some real fun in the markets.
With BTC, we’ve spent a good amount of time at the levels we are in right now (BTC today was at $19,109.) The longer we stay here the more of a chance there is that there could be a much bigger drop with it, especially with the dollar index continuing to rise without a lot of selling pressure; and the Feds continuing to raise interest rates.
The tide has shifted this year with BTC. Do you remember that last year around this time we were wallowing in cash/returns from BTC’s price? (Hopefully, you moved your assets to stablecoins so you were protected from great loss).
One of my crypto mentors recently said that BTC is screaming, “just be patient,” so let’s don’t rush the process! But …. if you’re in IM ACADEMY right now, there should be money in your trading account because all their scanners are working at presenting the best trades to us so that we can make money. ALT-Fi (which is a part of the DCX Academy) is doing the same thing - everything in the DCX Academy is moving and shaking!🤑🤑🤑
Our DCX Academy is the platform where we’re taught about all things concerning cryptocurrency: buying, selling, holding, staking, and trading it. If you are a part of IM ACADEMY please don’t let this year go by without learning more about trading and earning more.
Every chance you get, log in to your account and watch a live trading session with an educator and/or watch a training video. If you aren’t in yet but desire to be, HERE'S THE LINK to join the fun! Click on DCX Academy, fill out the information then let me know when you’ve done that.🙌🏾🙏🏿
There won’t be a Crypto Devo post tomorrow, but on Friday there’ll be the usual flashback! See you then!
Copyright ©2022 Sherma Jacqueline Felix, BLACK ADVANTAGE Publishing™. The author shall neither be liable nor responsible for any loss or damage allegedly arising from any information or suggestions in this post.