@cryptocracyOnNoiseApp 4 May 2022 more from that month

Is bitcoin in a bull or a bear market? Is it time to panic? It’s been over $40,000 a few times in the last few weeks, but has spent a lot of time under, even dipping below $38K. Yet, it has bounced back over $38,000 where it rides now. There are three reasons why bitcoin is moving between the short range it’s been walking around in. May is typically a good month for bitcoin, but some analysts are predicting a different kind of month. In fact, it’s so different that bitcoin’s price correlation to stocks has diverged. Despite the uncertainty, one analyst is suggesting traders use the Iron Condor options strategy, and I can’t help but wonder how long it will take before bitcoin becomes the global legal tender. I think it’s time to offer a gentle reminder to do your own research and develop your own investment strategy. https://cryptocracy.substack.com/p/is-bitcoin-in-a-bull-or-bear-market?s=w