2024-06-29 16:32:19
The last week should have been very bearish for crypto, as it has been hammered with many bad news:
- MTGox starting to distribute $BTC in early July (Sell pressure)
- German government is selling $BTC
- Rumors about an investigation about $SOL
- SEC is alleging #MetaMask is an unregistered securities broker
- SEC announced that they sues Consensys and bunch of other projects
Yet, the price has barely moved down.
I can't help but wonder about the timing, interesting how all of these bad news are coming right before the $ETH ETF - an event that should create a lot of buy pressure from the retail.
In my personal opinion, this week should make us even more bullish than before, showing us how strong #crypto really is.
This week might have been slow in the markets, but our gems like $PEIPEI are already moving back up really fast.
I am spending AT LEAST 10 hours every day trying to find high potential GEMS for us.
As soon as I find something GOOD - I'll post it here ASAP. WAGMI
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