2022-10-01

Rally or Crash Weekend

The fear is dialed up to 11 on social media. I've seen talk of soaring credit default swaps, pension collapse, bank failures and crashes like 1929, 1987 and 2008. In these situations, there are only two results: rally or crash. I'm simplifying my life by focusing like a laser on BTC. As long as that long-term support line hasn't broken, there isn't enough fear in the market. There isn't yet full capitulation. There's no panic in a market with BTC sitting at its long-term bullish uptrend.

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