July 13th is critical for Bitcoin & Crypto Market! [Lark Davis Crypto News]
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    0:00 Today in Crypto
    0:40 Bitcoin Charts
    5:25 July 13th
    #bitcoin #btc #crypto

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    Disclaimer
    Everything expressed here is my opinion and not official investment advice – please do your own research before risking your own money. Lark Davis (The Crypto Lark) is not providing you individually tailored investment advice. Nor is The Crypto Lark registered to provide investment advice, is not a financial adviser, and is not a broker-dealer. The material provided is for educational purposes only. The Crypto Lark is not responsible for any gains or losses that result from your cryptocurrency investments. Investing in cryptocurrency involves a high degree of risk and should be considered only by persons who can afford to sustain a loss of their entire investment. Investors should consult their financial adviser before investing in cryptocurrency.

    24 Comments

    1. Bitcoin and crypto still hasn't burst into the mainstream and is still an oddity to many. The test of Bitcoin as a "hedge against inflation" has not panned out. With the downtrends and uncertainty in so many realms (not just financial), I don't foresee much stability in crypto for awhile. We may have hit bottom…great! But the fact crypto seems to be so connected to all these other markets perhaps means it's not the revolution it needs to be to catch fire around the world.

    2. It's really simple Lark- the unofficial numbers are in and we are definitely in a recession. Owners of shit coins will probably lose most if not all of them. BTC and ETH will each take one to the nuts. DEFI tokens will act as nails and get hammered. Any coin or token without a strong use case will exsanguinate from getting their throats cut. The CFTC will lead the charge by implementing rules for the road concerning crypto regulation even though they are the primary culprits behind the crash. Ninety five percent or more of the twenty thousand cryptos out there will meet their end.

    3. We are at the end of this monetary system. Inflation will rise, the dollar will be displaced even more.

      More fiat money will be injected to keep all from collapsing, while selected areas will be marked as expendable..

      Get out of leveraged positions and hold tight. Bitcoin is so little understood by so many.

      Right now, many nations are trying to get out of holding dollars whose value is melting and whose safety was broken by our own, the USA, government.

    4. The people who decide what the inflation random number is want it to be as low as possible. My prediction is slightly lower. My prediction is also in 3 weeks they will revise it up.

    5. Couple other things. Cnbc is known for fund managers pumping thier agendas. They all tell people to buy at the top and sell at the bottom. The other thing is the Dollar index compares the dollar to like 7 other currencies. There has to be a best turd in the toilet.

    6. I am skeptical that the July 13th inflation figures announcement will make much difference. Why not? Because no one believes the figures. We all know they are lying.

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