Issue 212 – Crypto Recovery Falters as Stocks Slump

May 12, 2022

The crypto market tried to start a relief rally today after BTC and ETH hit $26,700 and $1,800, respectively.

There’s a lot that points to a potential relief rally in the coming days, like cryptos sitting on macro support and retail fear nearing all-time lows.

But so far, we don’t have confirmation that a relief rally is likely, and US stocks remain the wild card in the equation.

Today, I discuss my thoughts on the QQQ, TOTAL, BTC, ETH, and LINK!

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About the Author

I'm Justin Bennett, a currency trader turned crypto enthusiast.

My journey started with stocks in 2002. After limited success, I transitioned to currencies in 2007, which later became a full time trading gig.

The journey continued, and in 2020, I committed to learning about cryptocurrencies. It was love at first sight.

Cryptocademy.com is the culmination of my love for cryptocurrencies, my passion for financial markets, and desire to learn and teach.

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