After a rough weekend, Bitcoin is continuing its slide at around $30K now. Bitcoin has been in a downtrend for a while now and today’s price marks the lowest bitcoin has been in 2022. Fear of inflation and Fed’s decision to raise interest rate has hit the stock market and bitcoin very hard. Some of public companies holding bitcoin are in the red as they are buying bitcoin at a little over $30K on average. Fear and Greed Index are at its lowest in 2022 also, sitting at 10 at the moment which looks very bad in the short to medium term.
If you are a believer in crypto and bitcoin like myself, it would be a great time to start watching the moment to buy bitcoin. It is almost like Steve from cryptocrewuniversity says “ The Golden Zone” to buy bitcoin. I myself is buyind ADA as i believe in the project in the long term. This year will be a great year for ADA.
As of this week, the prices of bitcoins and friends are at:
Bitcoin ( BTC ) - $30,857.31 / IDR 457,332,000.00
Ethereum ( ETH ) - $2,313.00 / IDR 34,239,000,00
Here are some of the prices of crypto assets in my portfolio:
Cardano ( ADA ) - IDR 9,250.00
Polkadot ( DOT ) - IDR 163,033.00
Chainlink ( LINK ) - IDR 122,947.00
Stellar ( XLM ) - IDR 2,125.00
Tezos ( XTZ ) - IDR 31,249.00
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