CQ Intern

Weekly BTC Position: Not going to take another long position this week, but I will soon

Last week, no one joined me with the discussion! How disappointingšŸ˜ž But I understand that the market is going sideways, and it feels like there’s not much to talk about. However, there’s tons to think about right now! BTC seemed to be following the stock market for a while, but as the macro situations are getting worse, I’m seeing more people coming for BTC as gold. With exchange reserve decreasing, I’m actually very excited to see how things will turn out haha. But at the same time I see leverage ratio accumulating, so I’m going to watch out for the short term. Let’s discuss the future of BTC! Share what you think will happen next week, the week after, and so on. Especially what you think the price of BTC will be this sunday! šŸ˜‰ I’ll come back next Monday with our next Honorable Mention.