After the FED meeting held today, it was observed that the crypto money market was moving upwards, while Bitcoin’s seeing above $ 49,000 gave the market a deep breath.
While the uncertainty in the markets has been going on for the last few weeks, deVere CEO Nigel Green considered this move of panic sellers in Bitcoin as a Christmas gift to the rich.
I’m dreaming of a green Christmas. with every #Christmas chart I draw. When #Bitcoin tops are possible; altcoin season, probable. Flip bear, then short it once again. pic.twitter.com/1wV6JYy4Vx
— Tony “The Bull” Spilotro (@tonyspilotroBTC) December 15, 2021
In a post titled “Bitcoin panic sellers are a Christmas present for wealthy investors,” Green commented on the current BTC sales. Stating that the recent sales are the result of a general uneasiness affecting the global stock markets, Green spoke very positively for the markets in the upcoming period.
to their evaluations
Wealthy crypto investors always buy at the bottom. This is because they know that digital, global, borderless, decentralized money is clearly the future.
The CEO continued, stating that the BTC decline and worryingly high inflation seem particularly beneficial for such investors.
In fact, Green is not so unfair because the market uneasiness in the past reflected positively on Bitcoin in the medium and long term. A good example of this would be that Bitcoin saw $3,800 on the day the pandemic peaked and went down in history as Black Thursday, and then rose to $65,000 this year.