Why the Crypto Bear Market Isn’t Over Yet

7/1/2022 3:27:00 PM

Trade The Chain Director of Research Nick Mancini shares his bitcoin price outlook following an extreme downturn in the crypto markets throughout June, explaining why he anticipates continued bearish sentiment throughout July.

Bitcoin, Cdtv

.federalreserve, inflation, unemployment and contagion in the crypto market are the big buckets pushing the markets around, tradethechain's nickcini says. 'July may spell more bearishness based on the overhang we're currently facing.' Watch more:

Trade The Chain Director of Research Nick Mancini shares his bitcoin price outlook following an extreme downturn in the crypto markets throughout June, explaining why he anticipates continued bearish sentiment throughout July.

Read more: CoinDesk »

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federalreserve tradethechain nickcini Maybe crypto is a fail. federalreserve tradethechain nickcini Contrarian Indicator Levels - BULLISH History rhymes in cycles of repetition. IYKYK 💎👌

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Why This Crypto Crash Is Different'The crypto industry’s luxuriant growth since Bitcoin emerged from the ashes of the financial crisis can be directly attributed to the copious monetary fertilizer central banks have been pouring into financial markets.' Opinion Frances_Coppola Frances_Coppola NFTs NFTCommunity NFTGiveaways FreeMint fiendish fairyfiends FAIRYFIENDS ARE MINTING NOW !!!!! Frances_Coppola At the macro top crypto medias shout “It’s a new paradigm! This time is different!”, and close to the bottom crypto medias start to reverse “The bottom would be much more desperate, this time is different”. Every time is the same, it’s just market cycles. Frances_Coppola That's not true. The crypto crash is due to all this fiat like, possibly scheme shitcoins and 'stablecoins' luring good money into shitty proof of stake concepts that were nothing but an appealing website and infinite number of 'influencers' 'not giving' financial advice.

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