Bitcoin and Crypto Talk (Merged)(includes NFT)

Crypto feels like it’s in a fight for the next 6 months and BTC may give up key support at $40k which means it would be likely to retest recent lows.

The good news is I think I’m finally seeing some long term technicals for bitcoin. At least one thing that correlates to its movement outside of FOMO and pumps.

It simply seems tied to fed fiscal policy. Problem is trying to figure out the value of something that does nothing.

I love the concepts of blockchain but so much has to shake out and it is really hard to figure out what is long term. I think the whole crypto market crashes and coins that can perform necessary tasks and prove to be efficient will be the only to survive and only then will crypto be able to really thrive.

BTC feels like the AOL CD in every mailbox in the 90’s.