The people have spoken. As always the winner will always be #crypto. Hard to understand within two days crypto is taking major hits and then it finds a way to bounce back that quick. Hard to take the side of an exchange. From time to time many have used them for what they exist. In a way this is a mirror to see how liquidity moves around in the market.
I tried to make sense of the issue crypto is facing now. Things change since #xrp drama. Lately if you are not on the side, you are an outsider. This is what crypto is becoming on the eye of the beholder. So is crypto coming for the US dollar? Hard to imagine that is the case when mostly everything in crypto for my point of view is denominated in US dollar. Again it called to understand controlling the narrative will be crypto main problem.
As you capture the glimpse of #BTC this month. Within six days BTC has the power to march and keep the door open. I wish to see $30k by the end of the month. It will not push the away the drama against #coinvase and #binance, it will surely reassure that crypto is in a different path than fiat currency. Even though I am not that focus on what June may develop into. LAst year it was a month filled with read candles for #BTC.
Luckily every year has its own traverse where #crypto will operate with the merit onboard. You can witness how $LEO is building on its case. This is to show the power behind the community. It is not one year fanfare. It is a work of art where believers are doing one thing, prosper and work together to make #leofinance stronger. This is the missing link fiat possesses where crypto will shine indefinitely.
I have to say #crypto is a parallel world that only emerge when there is a need. otherwise they both behave according to their need. Most of us use the dollar either paper or digital for final destination. I mean there is no fun using fiat currency. Doing it with crypto is another level.
The rise today from all specs is a clear statement to say to you, thank you and keep backing up for what you believe in.
This is not the first time crypto is under fire. Unluckily we had precedents where bad actors tainted the way. This could be why 2022 was so crazy. You do recall the drama caused by FTX, Luna and many more. I think the drama from the banks running out liquidity was spectacular for many to pick a side.
It happen within a time where putting pressure on inflation could cascade the whole financial system.
Moments like these do wonder for crypto. The dollar is doing what it supposes to do. Crypto is the internet money either you like it or not.
Glad it is something still many are hard to convey cause it is the technology money. If you can learn how to use a smartphone, it is time to jump that stumbling's blocks and put crypto jargon in your line.
The sad part, always a few will proceed and put crypto first while the rest will continue to drink the cool-aid of deprecated fiat.
You better keep on vesting in you in order to overcome the real issue of at stake.
Stay put!
