The crypto winter drags on and on and bitcoin is either preparing itself for a further drop, or it is building a platform from which to start climbing higher.
Things to get grimmer?
In what has now become the longest crypto bear market, albeit in bitcoin’s brief 14-year history, the question is: How much longer can it last?
If we look at the economic environment, things look grim, and it could very likely be argued that things are going to get a huge amount grimmer, as the Federal Reserve continues on its path of rate increases, and economies around the world are beginning to scream.
The rate hikes are sucking liquidity out of the markets and it’s becoming increasingly difficult for investors to know where they can put their wealth where it’s not going to decrease in a dramatic fashion.
Crypto is high risk
Given that crypto is considered by the market a high risk asset, many investors have already been shaken out and have sold at a loss. Those thinking to buy a dip have had to thin
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