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We entered the halfway point of the week and on the Nasdaq we had an interesting day yesterday 06/07/2022. After testing a key resistance point, it managed to resist strongly and ended up closing the day higher.
In the case of Bitcoin, Bitcoin whales have practically dictated the performance of the market in recent weeks according to research published by whalemaps.
The new that Ethereum 2.0 will arrive tomorrow at the Ropsten test network is one of the fundamentals that can favor the trajectory of the price of Ethereum, very beaten in these previous weeks.
And as always, we remain very attentive to the news about the CPI that is expected for this Friday, since finding a point of braking for the rise in prices would be news that the markets will welcome with confidence. Conversely, if the news are unfavorable, we may go deeper into the decline.
Another very important point is to understand that neither food nor fuel will be included in the CPI reports. They are manipulated data since everyone can verify that the greatest price increases are taking place in those sectors. That manipulation is a double-edged sword. It may be that the confidence they generate in the markets helps move the economy, but it may also be the case that restrictive policies are not maintained and that this causes a new rise in prices. As always, time will confirm whether it is the right decision or not.
I don't want to comment on Binance's crap with its gruesome stories, see by yourself
The last great news is that you can now read the first post of my new blog "100$ portfolio on eToro".
If you liked the post me to see more like this!
Do not forget to follow all my advice if you want to lose your wife because you have put the rent money in "coins that are worth cents but can be worth thousands of dollars"
