Global Uncertainty Leaves Investors in Limbo

The majority of crypto investors are on the fence about where the markets are going to go next.

Since there has been a lot going on in a macroeconomic sense it is important to take a step back and think about what effect that has on the markets. Both the stock and crypto markets are down today which is disappointing for many investors. For crypto bros, it hurts a little more as we were starting the week with a bit of a rally.

With donations being sent to Ukraine it showed how important a p2p asset can be in uncertain times. That is the thing though as well is that these are uncertain times. We do not know what is going to happen next most days. It also shows a real utility in the fact that Bitcoin is permissionless and not controlled by any government. Rising inflation and gas prices are hurting a lot of people and that also trickles down from the money printing during covid and the current war going on.

These conflicts all play a hand in the fact that most investors are in limbo when it comes to crypto. Some think we are going to be saved by a bull run and others think we have yet to see the bottom. We should consider this to be a time of fear; however, Bitcoin has been a lot more stable in this tough geopolitical climate than it was in January when talks of regulation were scaring people.

This is a period of consolidation and maybe it was due to happen but this is a sign of the times. What happens when the next narrative drives euphoria into the market? That’s really what we are looking for is a change in narrative because as of right now the narrative is uncertain and fearful. As the year goes on and hopefully we are nearing the end of covid we can get back to normal life. It is also important to note that even with these dips higher lows have been forming with this movement in the short term.