Bitcoin isn't the only thing down big...

in bitcoin •  2 years ago 

If Bitcoin was just a fad, does that mean all these were too?!

Bitcoin is down roughly 75% from the highs, but it hasn't been alone.

There is a whole host or tech companies that are down every more...

Check it out:

image.png

(Source: https://twitter.com/rovercrc/status/1609560549112819712/photo/1)

Bitcoin is down roughly the same amount as Tesla at this point.

The FED crushed everything when they decided to hike rates much faster than anyone thought or was positioned for.

The good news is that rate hiking cycle is getting late in the game and is likely to start to reverse over the next 12 months...

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Upvoted! Thank you for supporting witness @jswit.

The good news is that rate hiking cycle is getting late in the game and is likely to start to reverse over the next 12 months...

Good job Bro