True to form the entire crypto community just flipped from a state of suicidal depression back to mania. Turns out a federal appeals court ruled that the SEC must review its prior rejection of Grayscale’s ETF proposal to convert its Bitcoin Trust into a spot bitcoin ETF.
To quote one of my favorite movies: “I love the smell of napalm in the morning.” Most of you living stateside probably woke up to the charred remains of what was generally expected to be a crypto market on the verge of breaking out higher.
Okay let me give it to you straight: There is absolutely nothing to be done right now. Nope – this isn’t clickbait. There’s a reason I’m posting it just like this. Hear me out.
It’s early August, which means we’re smack middle inside my least favorite season. In fact there’s only one season I absolutely despise and that’s SUMMER! And with good reason…