This newsletter is sponsored by PHEMEX, the world's best crypto exchange for both spot and leverage. Sign up with the link above and get some free Bitcoin. I really encourage you to check them out.IF YOU HAVE ANY ISSUE WITH THE NEWSLETTER OR YOUR SUBSCRIPTION, PLEASE CONTACT: PREMIUMSUPPORT@GETREVUE.COBitcoin corrections will likely continue to exist.One of the popular narratives we were seeing tossed around the crypto space and that I have discussed in this newsletter is that this cycle’s corrections would be the weakest we have ever seen, or potentially non-existent. The reasoning was that, as institutions bought Bitcoin, the floor of holders would become stronger and they would be less willing to sell.Clearly this has been proven incorrect.If there is anything we have learned over the past couple of months, it is that Bitcoin is still a very nascent asset, due for major corrections and volatility, even after major run-ups. It is rational to expect that Bitcoin will continue to see sizable corrections in the future, even if it hits the six figure projections that analysts are expecting.This isn’t a bearish take; I just think what we are seeing right now is evidence that this asset is still very volatile and will likely continue to be when everyone turns bullish again. If Bitcoin hits high targets, it will probably continue to have major corrections.In This Issue:Bitcoin CorrectionsBitcoin Thoughts And AnalysisAltcoin ChartsWhat Is A Crypto Exchange?VanEck Files For Bitcoin Futures Mutual FundIsrael Exploring Central Bank Digital CurrencyExtreme FearThe Wolf Of All Streets Podcast Ft. Cory KlippstenMy Recommended Platforms And Tools
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The Wolf Den #269 - Corrections Will Likely…
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This newsletter is sponsored by PHEMEX, the world's best crypto exchange for both spot and leverage. Sign up with the link above and get some free Bitcoin. I really encourage you to check them out.IF YOU HAVE ANY ISSUE WITH THE NEWSLETTER OR YOUR SUBSCRIPTION, PLEASE CONTACT: PREMIUMSUPPORT@GETREVUE.COBitcoin corrections will likely continue to exist.One of the popular narratives we were seeing tossed around the crypto space and that I have discussed in this newsletter is that this cycle’s corrections would be the weakest we have ever seen, or potentially non-existent. The reasoning was that, as institutions bought Bitcoin, the floor of holders would become stronger and they would be less willing to sell.Clearly this has been proven incorrect.If there is anything we have learned over the past couple of months, it is that Bitcoin is still a very nascent asset, due for major corrections and volatility, even after major run-ups. It is rational to expect that Bitcoin will continue to see sizable corrections in the future, even if it hits the six figure projections that analysts are expecting.This isn’t a bearish take; I just think what we are seeing right now is evidence that this asset is still very volatile and will likely continue to be when everyone turns bullish again. If Bitcoin hits high targets, it will probably continue to have major corrections.In This Issue:Bitcoin CorrectionsBitcoin Thoughts And AnalysisAltcoin ChartsWhat Is A Crypto Exchange?VanEck Files For Bitcoin Futures Mutual FundIsrael Exploring Central Bank Digital CurrencyExtreme FearThe Wolf Of All Streets Podcast Ft. Cory KlippstenMy Recommended Platforms And Tools