We all saw the news today, Jerome Powel being hawkish and indicating that rates will be higher than anticipated on the next round of hikes.
Overall, the entire market took that negatively. BTC dropped and bounced back as expected but I'm not too convinced that this is the end, rather the beginning.
How will the next rate hike of 50 or higher basis points affect the crypto world? The fear index is real and I don't think it will be going anywhere anytime soon.
I DCA in monthly and hopefully I catch some good red dildos in the next few months.
What is your strategy? Do you folks have any plans for when BTC goes sub 16k again, very possible.
Source: Trust me bro!
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