Hey Everyone,
It feels like a long time since we had a serious crypto move and Bitcoin is mostly bouncing in a range. It tests lower and then it tests higher number and returns to low 40ks to high 30ks. It is just hanging out there and having trouble breaking through up or down.
Here is the Bitcoin Chart in 12 hour candles:
I'm a hodler not a trader, but I do enjoy some price action and excitement once in a while.
If I am honest with myself I think some of my current boredom has to do with being a bit overwhelmed with options and not having a clear opinion on where Bitcoin is heading over the rest of the year.
With the treat of recessions and food shortages in the news along with expensive wars and the fall out, hard financial times are in store, and while Bitcoin is a great inflation hedge if people need assets they will use their Bitcoin. The price is in the hands of Billionaires and Corporations as "Regular" people are worried about paying for gas and food.
I looked to the Fear and Greed Index
Which has also been staying pretty steady towards the fear side and a current rating of 26.
I did find some Bullish articles on Bitcoin price predictions but when I looked at the information presented, the outlook still looks pretty boring, with a prediction of $46,000, I would basically consider that in the same range.
My conclusion it's a good time to build your Hive and Leo holdings, engage with others, post, and slowly build your stake. Hive and Leo are steady slow growth assets which you can add to using your own stake and some effort. They tend to trend sideways and down, between pumps.
For those of us who enjoy volatility and excitement, this up and coming week is more likely to feed us stability and yawns!
I'm here for it!
What's got your interest this week?
Posted Using LeoFinance Beta
The fear is real and that is translated into the crypto prices. The market moves up and down like the sea splashes its waves. Thus it isn't the time to panic and sells, but probable neither to buy. So we can just HODL and ACCUMULATE more.
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Hold and build.. HODL and BUIDL
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I like stability and yawns.
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Excellent! Enjoy
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Yeah, overall not a lot going on so I see it slowly getting lower and lower with an occasional big bump when some whale wants to buy in for the long term hodl gang.
Not really expecting much of anything until Q3 but really Q4 is when I expect some real action again.
My interest simply understanding that now is the time to stack everything so when that next rally hits I can sell out a decent amount of some serious profits while still holding on to a majority of my core assets.
Posted Using LeoFinance Beta
My brain knows that is the right thing to do, but I've been struggling with motivation as the world is a bit more open and it is Spring!
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I'm tired of the cycles.... when $100k bitcoin?
Hahaha.... I'm really enjoying the updates and development in the Leoverse.
Lot's of very cool stuff happening on LEO. Love to see it.
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I think moving sideways is good and I don't mind it going sideways. At least we won't have a bunch of FUD from the media outlets that BTC is going to crash.
My interest this week is in the entire Elon Musk and Twitter sage. It's pretty fun to watch all the drama unfold.
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The Twitter battle is amazing and the Disney drama is a bit interesting as well.
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Oh yeah, that's what I am doing :)
Awesome moves!
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I think these days is a great time to steadily grow my Hive and LEO holdings. And I'm striving for it.
I think BTC needs to touch $36,000 to go higher. I think I'm starting to like this volatility a little bit. Although the difference is large, it moves in a certain price range.
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We are just chugging along.
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Sound advice and hope others read this as it is so true. There is no better time to stake and grow like the present as staying busy through these periods is where the big gains are made.
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It absolutely is the time to buckle down and churn out some content.
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A lot more to talk about when Bitcoin is mooning, or crashing.
It makes people feel alive it seems.
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I admit it! :)
Your honesty shines through.
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I just hope when a is said and done I’ll be ready for the pump
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I hope you are ready too
Boredom is a welcome distraction these days lol. That is to say if there is anything good to say for boredom. Accumulation is the name of the game during these times. Drip by drip...let's fill 'em up!
Posted Using LeoFinance Beta
Keep on posting, commenting, investing.. Next jump up will be wealth!
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saylor will dump on us and the world end in ww3?
lol, hmmm