Crypto Bull or Bear Market? Bitcoin Will Kill Us All – Billionaires Are Bullish – Biden Crypto

Bitcoin is had a huge correction and is consolidating which is causing some to say we are headed into a bear market. However, the stock to flow model shows we’re still in a bull market with the Bitcoin price still above the 200 week moving average. Chinese media spokesperson says Bitcoin will kill us all if adopted. Multiple billionaires have come out in the past couple weeks endorsing bitcoin and crypto such as Ray Dalio, Carl Icahn, and David Rubenstein. President Joe Biden’s 2022 budget proposal includes several new crypto reporting requirements, according to a pair of documents published Friday.

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Disclaimer – Thinking Crypto and Tony are not financial or investment experts. You should do your own research on each cryptocurrency and make your own conclusions and decisions for investment. Invest at your own risk, only invest what you are willing to lose. This channel and its videos are just for educational purposes and NOT investment or financial advice.