U.S. equities were a bit more buoyant on Wednesday: The tech-heavy Nasdaq Composite was recently trading up 1.5%. The Dow Jones Industrial Average was up 1.4%, while the S&P 500 was up 1.4%.
Kralow pointed out that the markets bottomed when the fed funds rate was basically at zero, adding: “This doesn’t bode well for bitcoin in 2023, and we could potentially see its price fall to $10,000 or even lower next year.” Tapscott told CoinDesk in an interview that the bitcoin drawdown from its all-time high in November 2021 is around 77%, compared to previous bear market lows of 84%, which could suggest further downside.
_jocelynyang_ I'm glad I have plenty of time to spend as much usdt as I can to buy bitcoin
_jocelynyang_ Bitcoin haa been extradited from Bahamas to US
_jocelynyang_ Hey everyone , Bitcoin is trading at $16k for already 3 days in a row!🚀 If you have btc worth from $500 to 1btc ,let me know , you can send in a message let’s trade together and make profits I believe this month will be a great month for crypto as the bull run will soon start.
_jocelynyang_ 4 year cycle and chill.