Bitcoin hasn't completely fallen apart yet and the recent pullback may just be a pullback

Since I have been posting so much about my new favorite defi platform Robinia (https://robiniaswap.com/) people have been complaining that I have given up on bitcoin.

Nope, not the case at all!

In fact, I think it's just taking a breather, though I will admit it's a major breather.

Based on this data, bitcoin isn't ded yet:

(Source: https://twitter.com/TechDev_52/status/1470741587214970883/photo/1)

While I will admit that the FED tightening isn't good news for bitcoin and crypto, it doesn't mean it's the end either.

Historically the stock market has gone up for roughly 12-14 months after the first rate hike during a rate hiking cycle.

If that is again the case, I think bitcoin could still do well.

Plus, the first rate hike isn't coming until late Spring or Summer of next year.

Given that backdrop, I think we are near the lows here with much of this selling likely being forced selling related to year end window dressing etc, so I think we are going to have a very good Q1 next year.