BTC price plummeted to $60k again.

in hive-103599 •  2 months ago  (edited)

1000019979.jpg

Source: Binance exchange

Even though the BTC price had recovered during the last few weeks, the BTC price plunged to $60k again due to the increasing risk about a next recession. Many people may feel sick of it.

Warren Buffet has sold 50% of APPL equities. It seems he's preparing for the next recession.

There are many news about the Sahm rule which is an indicator for recessions. It already flashes a red light. I hope a next recession won't turn out this year. If it occurs this year, I don't want to imagine what will be happening in most asset markets.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

This comment is for rewarding my analysis activities. Upvotings will be proceeded by @h4lab and @upex

Upvoted! Thank you for supporting witness @jswit.

Congratulations, your post has been upvoted by @upex with a 100.00% upvote. We invite you to continue producing quality content and join our Discord community here. Visit https://botsteem.com to utilize usefull and productive automations #bottosteem #upex