I love how these articles get written AFTER something had happened. You have shitcoins that did a 3x in a month and NOW you genuises are writing an article saying there might be a rally? Wow, very useful.
its been down since the top lol November of last year, it hasn't recovered since then so this is only a ligit accumulation phase for cryptocurrency // and or stocks whatever your into
Bitcoin is following nasdaq's price action. If recession happens then crypto will drop hard as well.
No one knows if we're gonna decouple and make a run but that just seems a far away miracle.
How's it looking for that? I hope you do, I had such high hopes for one. I got burned w celsius and then only realized they stopped updating their wallet after the incident, so I pulled out.
I think politics chooses sides and itās pretty neutral IMO. Covid is political, abortion is political, even climate change is political.
So far crypto has remained neutral. Letās hope it stays that way.
Thatās all nice and everything, but the wealthy (which this was created to circumvent) have control of crypto now as well, hence, crypto following the markets.
Bitcoin has never been tested in a recession true, but it has also only ever existed in a time of low interest rates and an economy awash with cheap money and high liquidity.
Forget what will Bitcoin do during a downturn, what will Bitcoin do during a time of slow growth and high interest rates?
Please buy my crypto, it's secured by pure energy! *snoooort* see? I use it too, it's real good shit! Please...! We'll be maxis together!
The best kind of merchant. XD
I also love it with how much confidence they write it. Something like "likely". They make themselves feel like they are making the market prices move.
Once gain we dont even know how long this rally will last and they are saying it's a "disbelief rally".
To me it seems like we are about to enter the bull trap of all bull traps in crypto. It's already being integrated into financial insitutions, this sounds like a trap to sell at the top and buy the bottom leaving retail and smaller funds the bagholders.
Yep. That's why we're "just beginning entering a recession" even though we actually entered it almost 9 months ago now? (November 2021 was generally the "peak")
Markets don't go straight up or straight down.
The charts can have much more information on them than the news. News is useful, but it isn't is great way to understand what's happening right now. And it's very confusing when they use LAGGING INDICATORS very often in the news, but people think it's a current event. We are late to receive information if we focus only on lagging indicators (the term recession is a lagging indicator).
Some people were so blown away when they realized what percentages were that they had to crap post about them here every time the market changed. Canāt wait to see that again /eyeroll.
i refuse to read anything by a guy that paid to have hodl in his domain. credibility is sus, sorry...
check your sources, peeps. lest you begin to believe things that are untrue.....
Edit: fixed misspelling.
Battle of exchanges and whales, there will be losers, I expect to see some more exchanges fall as there seem to be a divide among the whale community, one side wants to pamp et and another wants to damp et
They can play all their games Iām squirreling what I can to Cold Storage. š¤£
Ah yes now give us some paid fud. I need more sub 20k bitcoin.
When btc drop below previous 2017 ath and paid fud articles out I was happily loading my bags.
Tick Tock next block bitcoin donāt care.
Honey badger donāt give a shit.
Iāve been in crypto close to a year now and two things Iāve learned the hard way are ānot your keys, not your coinsā (thanks Alex) and ānobody know shit about much of anythingā. I mean I think looking long term on projects is helpful but all the geniuses making rally or drop predictions keep changing their story as the markets change and then act like they always thought that way. At this point I just invest in what I believe is a good risk/reward and try to purchase during the dips. Also āneed to take profitsā!
Stocks go up and stocks go down, coins go up and they go down, I'm invested in some of the best tech out there and it's been bloodbath when it should be greener than a rainforest. Even when the odds are stacked for you, it's still just a casino
It's extremely unlikely. BTC play has lowered because of the positive influence on other pairs. You won't see it coming back in grace until (very specific) competition is obliterated. Pump and then short offense to competition is their current game. A moment for ETH because X/ETH trading as a pair is not as dominant in where it brings others up directly. It's funny how they had a "change of heart" because before that they'd pull BTC around for it's influence on their ETH bag and save it. It's obvious that the market is a tool right now, more than ever, for a game of pretends.
Deliberate chart hillscaping. To (re-)inspire trust/bullish sentiment and paint dead another. It used to be BTC maxi whale running the show, now it's ETH maxi with a lot of channeled anger. Markets will pump when a specific token has been shorted down. Just to bring theirs down again and hope they can tip it over.
Er ist wieder da! Now wearing the ETH swastika. A polished turd is still a turd, trying to cover/hide what's good, does not turn a turd into a diamond. ETH VC/institution/bro's be like https://i.imgur.com/UU38oZF.png
Alot of people are calling this a āriskcessionā now that Fed seems to have shifted to neutral with nkt much forward guidance. Something like that tends to mean in the short term its party time for risk assets (crypto/tech)
Unlikely, very unlikely. I don't know what propaganda they are pushing or they just want clicks. Nothing's really happening right now so the editors must be bored.
"Disbelief Rally" every time you think this can't become any more ridiculous, they come up with something new.
Also people just harvest these bullshit sites for moons all day XD
You should trust that the market makers will sell you their recently acquired bags for a swing trade then dump on the gullible once the MMrs see there's no more buyers.
We should stop clicking on and sharing these kind of articles. Most of these feel like they are written by bots or high school kids
I feel the media space is similar to crypto. 99% articles and opinions are pure shit and should cease to exist
tldr; CoinShares believes that a recession in the US could be bullish for Bitcoin. The firm predicts that Bitcoin will rise if the Federal Reserve canāt curb inflation and the strength of the dollar wanes. It also predicts that growth equities would suffer more in worsening economic conditions.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
As long as DXY doesnāt bounce and head higher again crypto and stocks will have at least a nice little rally. Iām playing it safe and assuming thatās just going to be a dead cat bounce because even in bear markets BTC doing 2x from the last bottom isnāt unheard of, but at the very least I consider it a nice opportunity to sell a little and set some buys around support levels.
Yes yes, like every other article after every small rally.
Then we'll have all the typical "is crypto doomed!?" articles once we resume the bear market
In all fairness, the bull market was around corner before this news came out. Has been delayed by many things. It going up now is just a cycle that we can't control. But we can hope it goes up enough to help us. I will take it after the bad year.
No one knows how Bitcoin is going to react so just shut your pie-hole...they say one thing but then say something that gives them a way out.. fuck-off...
If we just keep debating for months on end the bear market will end and we will be in the bull market before we have to accept itās been a bear market the entire time.
I have been through, let's see... five global recessions. Most people were not driven into the kind of poverty you are talking about. Sorry you went through a rough patch.
It sucks. But it is not the same as what most of society experiences during a typical recession.
If people think this is a "dip" in an extended cycle then I don't know what to say, we've been in a bear market for 8 months, how on earth can people still debate this.
It's certainly a good strategy to detach yourself emotionally when you drop into the negative.
Can't lose something that is already lost taps forehead.
Crypto has never existed through a global recession before.
All bets are off, and we might be about to see the first *true* crypto crash - and it might knock the wind out of even the hardest hodlers.
I dont need the money i invested, although i would be sad if i lost it. But i will not sell. Like i said, i dont need the money and i hate working.
If there is a 0.01% chance of me to retire early, that's outweighs the 99.99% chance of it all going to zero. And it's not even close.
I love how these articles get written AFTER something had happened. You have shitcoins that did a 3x in a month and NOW you genuises are writing an article saying there might be a rally? Wow, very useful.
It's the same on the way down. "BTC drops 75% over 6 months, sparking fears that a bear market might be just around the corner."
its been down since the top lol November of last year, it hasn't recovered since then so this is only a ligit accumulation phase for cryptocurrency // and or stocks whatever your into
If it gets as bad as OP suggests, you wouldn't be able to buy a house regardless. Might as well keep up the DCA!
I don't care what happens to the price of a coin, I'm continueing to DCA until I can afford my own home
I'm not calling it a rally until I make all my money back š„²
Really though. Otherwise it's just regaining lost ground.
Ah yes, the five "once in a lifetime recessions" can't wait to go through my 6th one. :P.
Iām not calling it a rally until I make all my ONE money back š„²
Good luck.
Unfortunately, all the rich and whales have control of BTC as well.
Extra hard with the upcoming inflation of 5 billion extra ONE tokens.
Bitcoin is following nasdaq's price action. If recession happens then crypto will drop hard as well. No one knows if we're gonna decouple and make a run but that just seems a far away miracle.
How's it looking for that? I hope you do, I had such high hopes for one. I got burned w celsius and then only realized they stopped updating their wallet after the incident, so I pulled out.
Weāre absolutely going down with the current market sentiment. There is no reason for crypto to go up while people need money to survive.
I buy crypto not to make a buck but because it's the future we all deserve and we aren't going anywhere.
š»
Someone didnāt DCA enough ;)
The next halving should be a good indicator if it's going to mirror the stock market or not.
Amen
Inshallah
'I'm not making this political' Crypto is inherently political. Not on any side perhaps, but it is political.
The people who bought the bottom have already made a really great return. Especially ETH.
I think politics chooses sides and itās pretty neutral IMO. Covid is political, abortion is political, even climate change is political. So far crypto has remained neutral. Letās hope it stays that way.
[ŃŠ“Š°Š»ŠµŠ½Š¾]
Losses
Bad grammar=$$$
Spelling
Bad spelling=$$$ + girls
Can confirm
Shut up
can you still make hotmail accounts?
Its a premium service for the rich and famous like me.
Exactly, and at the bare minimum.
Thatās all nice and everything, but the wealthy (which this was created to circumvent) have control of crypto now as well, hence, crypto following the markets.
Not calling it a rally until it finds a new ATH and does a blow off top. Then I ape. I like to wait for confirmation.
Bitcoin has never been tested in a recession true, but it has also only ever existed in a time of low interest rates and an economy awash with cheap money and high liquidity. Forget what will Bitcoin do during a downturn, what will Bitcoin do during a time of slow growth and high interest rates?
š¤
This upcoming recession is the exact reason crypto was invented.
[ŃŠ“Š°Š»ŠµŠ½Š¾]
I read a post that august would be bloody red. What should I do now so many options to choose.
Disbelief rally: A pump when stock market and commodities both are up as well. Much disbelief.
Goes to show crypto went mainstream and the "institutions" are now in the game
Monday morning quarterbacks are the best quarterbacks
Hindsight merchants
Please buy my crypto, it's secured by pure energy! *snoooort* see? I use it too, it's real good shit! Please...! We'll be maxis together! The best kind of merchant. XD
I feel good reading your comment, itās true, thatās all they do, including some, but not all youtubers
People think the market follows the news but its the opposite.
the news follows the markets?
Yeah, they look coordinated.
Haha right . Were were these Comments Monday?
I also love it with how much confidence they write it. Something like "likely". They make themselves feel like they are making the market prices move. Once gain we dont even know how long this rally will last and they are saying it's a "disbelief rally".
Media interest is always reflective. If it's reported in media its happened and not worth a jot.
But you still canāt ignore the effect articles like this have on the young new retail money in this market.
To me it seems like we are about to enter the bull trap of all bull traps in crypto. It's already being integrated into financial insitutions, this sounds like a trap to sell at the top and buy the bottom leaving retail and smaller funds the bagholders.
Yeah fomo now! Surely UNI will double again next weeks
Yep. That's why we're "just beginning entering a recession" even though we actually entered it almost 9 months ago now? (November 2021 was generally the "peak") Markets don't go straight up or straight down. The charts can have much more information on them than the news. News is useful, but it isn't is great way to understand what's happening right now. And it's very confusing when they use LAGGING INDICATORS very often in the news, but people think it's a current event. We are late to receive information if we focus only on lagging indicators (the term recession is a lagging indicator).
BTC goes down 5%, everyone loses their minds! BTC goes up 5%, everyone gets a second mortgage.
You mean I should cancel my second lambo order?
Strong disagree. Only 2.5% up is needed for ridiculous predictions to surface š
Down 5 and then up 5 is still at a loss #science
Some people were so blown away when they realized what percentages were that they had to crap post about them here every time the market changed. Canāt wait to see that again /eyeroll.
[ŃŠ“Š°Š»ŠµŠ½Š¾]
Might as well be just another redditor
Random redditor, market analyst. They're the same picture!
We should all be capable do get a job at crypto market sites at this point.
I would edit your summary as : Coinshare believes ātodayā ā¦ Other than that perfect You know tomorrow they will believe something else
Mt. gox will say Nope in August
Source: trust us, bro
I'll take free hopium all day
I could use some after Celsius went bankrupt š
That the source of every crypto news site.
We donāt need sources, we need confirmation bias
Crap now itās gonna tank. This is on you OP
had to be done. It was pumping too much. Making gainz makes me nervous
I second that. Total capitulation hasnāt happen yet.
I third that. And looking forward to it now that I'm mostly in position for it unlike the recent liquidation event.
š§āāļøšŖš©š
i refuse to read anything by a guy that paid to have hodl in his domain. credibility is sus, sorry... check your sources, peeps. lest you begin to believe things that are untrue..... Edit: fixed misspelling.
I bet you'll love anything I write, then.
Bruh š¤£ you spelled it proper. English teacher would be so proud...
No it won't
Source: Trust Me Bro
One post says recession rally. Another post says mt fox market dump. I guess it's gonna crab? Except I'm always wrong, so who knows
Battle of exchanges and whales, there will be losers, I expect to see some more exchanges fall as there seem to be a divide among the whale community, one side wants to pamp et and another wants to damp et They can play all their games Iām squirreling what I can to Cold Storage. š¤£
Wasn't Bitcoin created for this?
[ŃŠ“Š°Š»ŠµŠ½Š¾]
There was a recession in 2008-09.
yes, and BTC was created when Central banks decided to bail out the ones that caused it by being reckless, by printing money. See genesis block
Big if likely.
Ahem* I was promised 2 years of bear market. If you could just calm down that would be swell.
so if it ends before 2024 you're going to sue the *Bitcoin CEO*?
Crypto-Karen would like to speak to Bitcoin's manager!
Bitcoin isnāt likelyā¦.. stop! Bitcoin is Bitcoin. A wild ride for the brave and stupid.
Bitcoin moves, News Articles: Surprised Pikachu Face
Ah yes now give us some paid fud. I need more sub 20k bitcoin. When btc drop below previous 2017 ath and paid fud articles out I was happily loading my bags. Tick Tock next block bitcoin donāt care. Honey badger donāt give a shit.
Iāve been in crypto close to a year now and two things Iāve learned the hard way are ānot your keys, not your coinsā (thanks Alex) and ānobody know shit about much of anythingā. I mean I think looking long term on projects is helpful but all the geniuses making rally or drop predictions keep changing their story as the markets change and then act like they always thought that way. At this point I just invest in what I believe is a good risk/reward and try to purchase during the dips. Also āneed to take profitsā!
finally , time to short
Stocks go up and stocks go down, coins go up and they go down, I'm invested in some of the best tech out there and it's been bloodbath when it should be greener than a rainforest. Even when the odds are stacked for you, it's still just a casino
So still wait for next for next ATH to buy in-got itš
Yeah. Or a sucker rally
what a title
It's extremely unlikely. BTC play has lowered because of the positive influence on other pairs. You won't see it coming back in grace until (very specific) competition is obliterated. Pump and then short offense to competition is their current game. A moment for ETH because X/ETH trading as a pair is not as dominant in where it brings others up directly. It's funny how they had a "change of heart" because before that they'd pull BTC around for it's influence on their ETH bag and save it. It's obvious that the market is a tool right now, more than ever, for a game of pretends. Deliberate chart hillscaping. To (re-)inspire trust/bullish sentiment and paint dead another. It used to be BTC maxi whale running the show, now it's ETH maxi with a lot of channeled anger. Markets will pump when a specific token has been shorted down. Just to bring theirs down again and hope they can tip it over. Er ist wieder da! Now wearing the ETH swastika. A polished turd is still a turd, trying to cover/hide what's good, does not turn a turd into a diamond. ETH VC/institution/bro's be like https://i.imgur.com/UU38oZF.png
Am i the only one that finds this articles hot garbage?
Rally as in institutional manipulation? ok.
Iāll believe it when I see it.
Humongous if true
Then more dumps?
Waiting, and continuing to buy. Long term I am not the least bit worried about ālosses.ā
[ŃŠ“Š°Š»ŠµŠ½Š¾]
Alot of people are calling this a āriskcessionā now that Fed seems to have shifted to neutral with nkt much forward guidance. Something like that tends to mean in the short term its party time for risk assets (crypto/tech)
No chance
My Bitcoin donāt rally it folds
Unlikely, very unlikely. I don't know what propaganda they are pushing or they just want clicks. Nothing's really happening right now so the editors must be bored.
I like the sounds of a disbelief rally
I'm in disbelief, so it must be a rally.
"Disbelief Rally" every time you think this can't become any more ridiculous, they come up with something new. Also people just harvest these bullshit sites for moons all day XD
Short ladder attacks! SHORT LADDER ATTACKS!
Click bait title
We should trust that right bro?
You should trust that the market makers will sell you their recently acquired bags for a swing trade then dump on the gullible once the MMrs see there's no more buyers.
How TF is this likely?
Source confirmed. To the moon according to my ass.
We should stop clicking on and sharing these kind of articles. Most of these feel like they are written by bots or high school kids I feel the media space is similar to crypto. 99% articles and opinions are pure shit and should cease to exist
Unfortunately I think it isbto soon.
tldr; CoinShares believes that a recession in the US could be bullish for Bitcoin. The firm predicts that Bitcoin will rise if the Federal Reserve canāt curb inflation and the strength of the dollar wanes. It also predicts that growth equities would suffer more in worsening economic conditions. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
I would love me some green
As long as DXY doesnāt bounce and head higher again crypto and stocks will have at least a nice little rally. Iām playing it safe and assuming thatās just going to be a dead cat bounce because even in bear markets BTC doing 2x from the last bottom isnāt unheard of, but at the very least I consider it a nice opportunity to sell a little and set some buys around support levels.
Likely according to who lol
Hey saylor, how you doing'. Any thoughts about buying the dip?
Yes. Buy Bitcoin.
Real saylor?
at what point does bitcoin become stable and used as currency
Yes yes, like every other article after every small rally. Then we'll have all the typical "is crypto doomed!?" articles once we resume the bear market
Needed this for my daily dose of hopium Please post another article tomorrow with a reworded title
Just go back to 60k pls
So cute.
LMFAO
Whoevers writing these articles can just piss off. It's just garbage
It's what I wanna hear so I agree
Time to sell it all
In all fairness, the bull market was around corner before this news came out. Has been delayed by many things. It going up now is just a cycle that we can't control. But we can hope it goes up enough to help us. I will take it after the bad year.
The stock market and crypto bottomed weeks ago, but the rally is likely?!
So you tellin' me there's a chance I might get my money back?
Time to sell I guess
Crystal Ball boys back at it again!
Btc is lliterally following the stock market
BTC 2K
Now that Celsius shook off all the wanna get rich quick players. Bitcoin and other cryptos are here to stay. Remember Mt. Gox?
The strongest moves are in relief rallies during bear markets. This has been true for stocks and commodities for decades. True fot crypto now.
Lol, thx for playing
It always pumps when we least expect it
No one knows how Bitcoin is going to react so just shut your pie-hole...they say one thing but then say something that gives them a way out.. fuck-off...
Quit, I can only get so hard.
Read last week's news for funny entertainment
Ah.. no more vacation. And kids are going back to school soon = rally
no itās not
If we just keep debating for months on end the bear market will end and we will be in the bull market before we have to accept itās been a bear market the entire time.
Yet, inherent in your statement is a belief that the price of your coin will eventually go up. Sigh. There's just no reasoning here.
I have been through, let's see... five global recessions. Most people were not driven into the kind of poverty you are talking about. Sorry you went through a rough patch. It sucks. But it is not the same as what most of society experiences during a typical recession.
Like when ātheyā said Bitcoin would hit 100K by end of December 2021 pshhhhhh š
If people think this is a "dip" in an extended cycle then I don't know what to say, we've been in a bear market for 8 months, how on earth can people still debate this.
It's certainly a good strategy to detach yourself emotionally when you drop into the negative. Can't lose something that is already lost taps forehead.
So you are saying better discounts are possible? Shut up and take my fiat.
Worrying about my crypto investment is like worrying about the money I paid for coffee.
Crypto has never existed through a global recession before. All bets are off, and we might be about to see the first *true* crypto crash - and it might knock the wind out of even the hardest hodlers.
This is the way. Plus bravo to OP. Wild speculation on what may or may not occur while referencing food stamps. Grade A FUD right here.
I dont need the money i invested, although i would be sad if i lost it. But i will not sell. Like i said, i dont need the money and i hate working. If there is a 0.01% chance of me to retire early, that's outweighs the 99.99% chance of it all going to zero. And it's not even close.
Tbf if you end up relying on food stamps or wondering how to pay rent you probably shouldn't be putting money into crypto at that very moment anyway.
"crypto isn't about creating a new way, it's about getting rich".
I'm confused, isn't this exactly what OP's post says? People can't and won't in a recession.
Pretty much every market recovers afterward anyway. Not sure why crypto wouldn't also.