Colleagues, 2022 dealt hard with cryptocurrencies, Bitcoin especially. The crypto lost more than half of its value from the previous year. In November 2021, Bitcoin hit $69,000, a record high. Just a year after, it plunged to below $16,000. More than four-fifths of its value. What was the cause of this? How would an investment that gave investors a roller coaster ride the previous year be heading in the opposite direction? The new Crypto Spring ebook will provide you with some much needed clarity and foresight.
Understanding what the future holds for Bitcoin will require you to understand the state of Bitcoin, past and present. Yet many wonder if Bitcoin will rally with the stock market after the recession. It will be important to bear in mind Bill Noble's crypto outlook on the possibility that crypto spring is inevitable. We will dissect this outlook much later in subsequent sections of this book. Understanding what crypto spring will be like, or what it will entail for you as an investor, will require understanding the correlation between Bitcoin and the S&P 500, which we will look at in the next chapter. You will also see the contributing factors to the crypto fall of 2022 and the role Crypto Exchanges had to play in the fall and the inevitable crypto spring.
Access this new ebook from the Amazon Kindle Store today.
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Much success, Lawrence E. Wilson - Cryptocurrency, Blockchain & FinTech Academy (share with your team)
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