Bitcoin keeps giving us something to worry these days.
Another failure to stay over the 50k mark means that Sellers have power, maybe even control the game at the moment.
With Indices at All Time High Levels (Dow close to another one after SP500) we should had seen Bitcoin rising, to say the least.
In the meantime crypto enthusiasts have many options and Metaverse seems to be gaining motion and money inflows.
Funds know this: ProShares Files Application With SEC for a Metaverse ETF
Metaverse in stocks and in crypto will be very hot in 2022 whereas many other investors (including myself) keep an eye for the last 'gems' of the Covid era (I'm looking for opportunity in Cruise stocks very soon).
Once again: Satoshi did everything right except from not creating a decentralized exchange... The ones that run the show and manipulate the price are nothing but decentralized imo.
Nevertheless I do expect Bitcoin to reach the 79k mark in the next 12 months.
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.