04-02-2023, 05:43 AM
The sentiment is extremely bullish right now, and it doesn't feel wrong.
<!-- SC_OFF --><div class="md"><p>Right now Btc has shattered every bearish prediction to date, banks have failed, some even linked to crypto. The largest crypto exchange is being accused of some pretty serious criminal behaviour and Btc? Up. So far the crypto market seems to have absorbed all the worst news, hell even FTX feels like just some bad dream from long ago.</p> <p>Interest rates are sky high, historically speaking. Yet, what are we seeing? People always laugh at ' this time is different ' well this time is. Btc has never had to face interest rates this high, yet it's on a recovery path thus far. That's taking everything else into account. Then the US regulatory push, at this stage it feels like Btc and the market is undefeatable long term.</p> <p>In the past, negative news of this magnitude and this much of it would have tanked the market. But it genuinely seems like average people are starting to believe in the space. The space seems to be looking forward rather than going purely off speculation which is the first signs of maturation in an asset class, it may take some time but Btc is defying all expectations currently.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Socialinfluencing"> /u/Socialinfluencing </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/129110k/the_sentiment_is_extremely_bullish_right_now_and/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/129110k/the_sentiment_is_extremely_bullish_right_now_and/">[comments]</a></span>
<!-- SC_OFF --><div class="md"><p>Right now Btc has shattered every bearish prediction to date, banks have failed, some even linked to crypto. The largest crypto exchange is being accused of some pretty serious criminal behaviour and Btc? Up. So far the crypto market seems to have absorbed all the worst news, hell even FTX feels like just some bad dream from long ago.</p> <p>Interest rates are sky high, historically speaking. Yet, what are we seeing? People always laugh at ' this time is different ' well this time is. Btc has never had to face interest rates this high, yet it's on a recovery path thus far. That's taking everything else into account. Then the US regulatory push, at this stage it feels like Btc and the market is undefeatable long term.</p> <p>In the past, negative news of this magnitude and this much of it would have tanked the market. But it genuinely seems like average people are starting to believe in the space. The space seems to be looking forward rather than going purely off speculation which is the first signs of maturation in an asset class, it may take some time but Btc is defying all expectations currently.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Socialinfluencing"> /u/Socialinfluencing </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/129110k/the_sentiment_is_extremely_bullish_right_now_and/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/129110k/the_sentiment_is_extremely_bullish_right_now_and/">[comments]</a></span>