However, if nobody steps in. We might see prices going below 10k. After all, we have had the perfect storm for a run up (QE etc) now we have the perfect storm for major deleveraging across all financial assets (rate hikes, QT, inflation)
Finally, if you found this thread useful, please retweet it so that people are properly aware of the big mess we are actually in. This is not the time to bid because of a squiggly line. As much as i like curves.
Also – If you are wondering why BTC and ETH are the first to be sold off, its because in a crisis, you sell what you can. Not what you want. There is no liquidity for shitcoins/ “alts”/ dreamsCrypto Markets Quiver Amid Three Arrows Capital Solvency Questions | ZeroHedge