Stocks open lower, bitcoin and ethereum slump

find your knowledge fantastic and the way that you explain is a great help. <I would love to know how you studied this all. <In as much I would like to add to what you have said here the market is in a tug of war with the bull at one side and the bears at the other end. If this is really a bear market rally then Bitcoin is not done going down, just like stocks are not done going down. We are seeing the positions filled, the price goes, up, then a new wave of selling comes in, hit the new orders again and repeat, looks like someone accumulating hard. From a technical perspective, as expected, the price might continue to move lower so this is a normal process and bitcoin is accumulating bullish tradng volume. My hope is that by the fourth quarter, the economy will be slowing enough that the Fed says we are going to pause, and then you will see the next crypto cycle start. I have witnessed the last 3 cycles and just before each bull run the amount of bear posts and negativity around crypto is just like it is now. Bitcoin is entering the area of where a bottom will be formed IMO. Please note this could take months and there will likely be further volatility in both directions. Despite the volatility that has ruled the market this year, being a retail trader in the crypto market and implementing strategies/signals from Scott Franklin a professional broker/tradr that has been my mentor, I have accumulated 2.5' btc! in profits although the rates are capricious wiping out some of my profits, people who are open to learning from history, will survive It’s not that difficult. You can reach out to Mr Scott on <ͲeIєɠɾαm his personal handle is @ scottfranklinfx.

Bitcoin on sale again