Crypto has proven it’s a risk-on instrument like all others, and worse, purely momentum, unbacked, and uninsured, and will follow the market. Since the market isn’t anywhere near done contracting, and the recession->depression just starting, buying dips is a technical sucker bet.
Source date (UTC): 2022-06-18 20:27:00 UTC
Original post: https://twitter.com/i/web/status/1538256989792481280
Reply addressees: @Matthew30729986
Replying to: https://twitter.com/i/web/status/1538256310411710466
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