I get it, after all the FUD, people are so happy and this sub turns bullish immediately. Sentiment change can happen within a day.
But whether you're still bearish or turned bullish now, let's agree to the fact that crypto will be an essential part of our society.
May it be...
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the much hated CBDCs (central bank digital currencies)
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NFTs
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store of value
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way to store data
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lots of more undiscovered use cases
Gigantic investment firms like Fidelity and Black rock doesn't just enter the crypto market for fun. They see its potential.
Some tinfoil-headed people see a correlation between them filing for crypto ETFs right after cryptos being sued, but I don't think that they are directly involved. They saw this opportunity and took their chance. Now it's up to everyone to decide if they stay bearish or bullish.
As for me, I am longterm bullish. Crypto could go up or down, but if you zoom out, crypto will have much room to go up.
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