RECESSION IS HERE. SLOWLY TURNING CRYPTO BULLISH BUT…



Recession numbers are out and it’s a recession (but not *officially*). The market looks good but is this the time to be bullish?

👀 WATCH Q&A FROM Today’s LIVESTREAM HERE – 👉 https://youtu.be/JxJToWKUAOw

0:00 – Market Recap | Topics Overview
1:16 – MARKET JUBILATION EVEN THOUGH WE’RE IN A RECESSION…
6:40 – LET’S VERIFY SOME THINGS – REALIZED PRICE, NET UNREALIZED PROFITS AND 200WMA W/ MVRV
14:39 – CAN WE AGREE ON THIS MOVING FORWARD THAT SOME PROJECTS NEED TO BE CUT LOSE.
18:00 – HERE’S MY CONCERNS AND SOME REVISIONS.
22:20 – ANOTHER CRYPTO EXCHANGE UNDER INVESTIGATION. TIP OF THE HAT TO THEM.

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●▬▬▬▬▬▬▬▬DAILY STORY LINKS▬▬▬▬▬▬▬▬▬●

Story #1 LINK – https://www.lookintobitcoin.com/charts/realized-price/

Story #2 LINK – https://www.lookintobitcoin.com/charts/relative-unrealized-profit–loss/

Story #3 LINK – https://www.realtor.com/research/tag/inventory/

Story #4 LINK –https://twitter.com/Route2FI/status/1551989569511428097

Story #5 LINK – https://www.thestreet.com/investing/cryptocurrency/crypto-another-major-exchange-in-the-crosshairs-of-regulators?puc=yahoo

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✅Coin Bureau – FANTASTIC crypto info! –
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✅ Invest Answers – James has a LEVEL-HEADED approach.
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✅Simon Dixon – Economist Perspective & BTC holder from 2010!!
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► I listen to the YouTubers above b/c I like & trust them.

#BITCOIN #ETHEREUM #CRYPTO

●▬▬▬▬▬▬▬▬DISCLAIMER▬▬▬▬▬▬▬▬▬●

***NOT FINANCIAL, LEGAL, OR TAX ADVICE! This channel is for entertainment purposes only and is just my opinion as I am not an expert or a financial planner. Please perform your own research.

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The Recession Discussion Is Incredibly Dumb



This episode is sponsored by Nexo.io, Chainalysis and FTX US.

“Recession” is the latest word to run afoul of our shifting definitions and political newspeak. This week, numbers from Q2 came out showing that the U.S. had seen a declining GDP for the second quarter in a row – a fairly standard definition of a recession. The political spin was immediate and tortured, but in today’s episode, NLW argues that the caring about the label itself may be the bigger problem.

Nexo is a security-first platform where you can buy, exchange and borrow against your crypto. The company safeguards your crypto by relying on five key fundamentals including real-time auditing and insurance on custodial assets. Learn more at nexo.io.

Chainalysis is the blockchain data platform. We provide data, software, services and research to government agencies, exchanges, financial institutions and insurance and cybersecurity companies. Our data powers investigation, compliance and market intelligence software that has been used to solve some of the world’s most high-profile criminal cases. For more information, visit www.chainalysis.com.

FTX US is the safe, regulated way to buy Bitcoin, ETH, SOL and other digital assets. Trade crypto with up to 85% lower fees than top competitors and trade ETH and SOL NFTs with no gas fees and subsidized gas on withdrawals. Sign up at FTX.US today.

“The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Eleanor Pahl“ and research by Scott Hill. Jared Schwartz is our executive producer and our theme music is “Countdown” by Neon Beach. The music you heard today behind our sponsors is “The Now” by Aaron Sprinkle. Image credit: Malte Mueller/Getty Images, modified by CoinDesk. Join the discussion at discord.gg/VrKRrfKCz8.

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