Quote from: gikere on June 25, 2022, 04:52:43 PM

So, from what you guys said, Fed hike did affect crypto and BTC but not enough to cause it to crash to $17k alone. It means the next Fed rate hike will not be as devastating as the one before. Still, the market has some weak links that I fear would add oil to this: NFTs, TRX/USDD, Sol,...

Exactly, A single bad new can’t crash the Bitcoin down but the chain effect of the news is what more dangerous. I don't think we need to wait for the next Fed hike for Bitcoin to crash much since there is a lot of crypto business is already crumbling due to the current bear market. I think this downtrend will continue and bad news will pile up since many crypto company especially defi will now gonna exit scam while there still a value in the market.

This crash is inevitable but it is essential to build a new organic uptrend movement. We just need to brace ourselves on wha is coming in the following weeks or months.