A $40 Billion Fiasco

Terra, Bitcoin, and More

Bitcoin Binge
The Dark Side
Published in
8 min readMay 17, 2022

--

$30k Test

Bitcoin is testing $30,000.

Long term support is front and center, and “technically,” it broke (but not for long). BTC dipped for a period of a few hours to prices below $27,000 on May 12.

Last week, traditional markets sold off… again. What has been an extremely volatile year in financial…

--

--