Market Update - February 23, 2022
Tough go of it
Bitcoin’s price dropped below $40k again last week. Unless bitcoin’s price trends downward from here, I’m not worried but I can’t get excited about this market until large HODLers stop selling and new money starts to HODL.
Ideally, we want to see signs that a wide group of people want to put money into bitcoin (and by extension, crypto). Still too soon …