03-10-2023, 04:27 AM
We could see Bitcoin sub $15k and Eth $1k again
<!-- SC_OFF --><div class="md"><p>It’s not outside the realm of possibility, and we’re nearing these numbers again. </p> <p>J Powell came out and announced the next rate hikes would be higher than anticipated. </p> <p>Gemini is collapsing before our eyes. JPMorgan is axing crypto exchanges like they’re going out of fashion. </p> <p>And today, Silvergate Bank, a Californian company that mainly dealt with crypto, has announced its shutting down operations. </p> <p>Of course, this is all happening in the midst of a bear market. But even still, the sentiment isn’t good. </p> <p>We could very easily see Bitcoin sub $15k and Eth $1k again. </p> <p>The macro picture hasn’t changed all that much. Red markets, still European war, inflation is still a problem. </p> <p>This may be a while.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/hearsdemons"> /u/hearsdemons </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/11n42t6/we_could_see_bitcoin_sub_15k_and_eth_1k_again/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/11n42t6/we_could_see_bitcoin_sub_15k_and_eth_1k_again/">[comments]</a></span>
<!-- SC_OFF --><div class="md"><p>It’s not outside the realm of possibility, and we’re nearing these numbers again. </p> <p>J Powell came out and announced the next rate hikes would be higher than anticipated. </p> <p>Gemini is collapsing before our eyes. JPMorgan is axing crypto exchanges like they’re going out of fashion. </p> <p>And today, Silvergate Bank, a Californian company that mainly dealt with crypto, has announced its shutting down operations. </p> <p>Of course, this is all happening in the midst of a bear market. But even still, the sentiment isn’t good. </p> <p>We could very easily see Bitcoin sub $15k and Eth $1k again. </p> <p>The macro picture hasn’t changed all that much. Red markets, still European war, inflation is still a problem. </p> <p>This may be a while.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/hearsdemons"> /u/hearsdemons </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/11n42t6/we_could_see_bitcoin_sub_15k_and_eth_1k_again/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/11n42t6/we_could_see_bitcoin_sub_15k_and_eth_1k_again/">[comments]</a></span>