Crypto OOOPS!!!

It sure looks bad, in a week Bitcoin went from nearly$72,000.00 to less than $63,000.00, a sharp decline indeed. And the crypto market cap went from nearly 3 Trillion USD to less than 2.4 Trillion USD, this is a huge loss.

Why the decline? Current World events? It could be, you know a lot of people at this moment are very scared of the future you know because of wars, and I can bet investing in crypto is not even an option in their mind. Then we have the problems the World's biggest economies all of them seem to be on shaky grounds, this also makes investing in crypto close to anathema. and to top it off we are having natural disasters like earthquakes, tornadoes, floods and soon hurricanes.

No wonder crypto is not right now in tip top shape. We also have the Bitcoin halving, this also is having a negative effect. On the other hand, crypto prices are actually good, just at the beginning of the year they were thousands of dollars below where they are now.

So I guess it all depends on how you look ate the glass, half full or half empty? Of course if you just bought in a couple of weeks ago, you really should hope for a rebound to recover losses. i actually still think Bitcoin will scale to unheard of heights. Let's hope it does.