RE: Bitcoin Hits $70K(Again): Here's Why You Should Take Larry Fink's Recent Takes on Bitcoin With a Grain of Salt
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Great, level headed take. I recently wrote an article and its in my weekly overview below. I think Bitcoin will hit $100k but it needs to pull back first. Most metrics I'm looking at show it as overheated and needing to take a breather. However, crypto markets do sometimes get ahead of themselves as far as price discovery goes. Looking forward to seeing more of your stuff on hive.
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Corrections are part of a bull market. One should not be shaken out by these. Overall over the next year or so the trend is up.
I believe so as well with the wild card being a US and global recession. The whole crypto space hasn't been through a true economic downturn. What I try to preach is risk management. 100% BTC or 100% crypto isn't sound risk management but a lot of folks are doing just that right now. Gives me pause when I see that.
What matters the most is what you do with your funds… Let others get rekt. It’s hard to heal the masses.