Cronos – CRO Crypto.com WHERE ARE WE GOING? | CRO Coin PRICE | Cronos NEWS Welcome back to the Crypt report I’m black C and I have another video for you guys today I want to talk about crypto.com Crow coin give a little quick update on that I also want to talk about Bitcoin I think and tell you where I think we’re headed here guys because and All in all we’re trading really really sideways there’s not much price action but I just thought I’d give you guys a quick update in my thoughts on the overall market so without further Ado we’re at 9 700 subscribers getting so close to 10 000 when we reach that we’re Giving away a thousand dollars worth of bitcoin guys so subscribe right now let’s hop into this video so guys right now crypto is basically doing the same thing it’s been doing for the past couple months been trading up and down a very very tight range and that range Seems to get it be getting Tighter and Tighter we’re just barely above 27 000 on bitcoin ethereum a little bit underneath 1900 I mean guys we’re consolidating that’s what’s happening unfortunately I will say with Crow Quinn however we are moving to the downside and it is kind of disappointing I will Be honest but I do think I I’m not surprised I’ve been talking about this for the past few weeks and honestly for the past few months that I thought that really leading into the Bitcoin have and we’re probably going to be seeing some price momentum like this especially as The volume dries up on bitcoin but that being said when we get do get closer to the Bitcoin happening or a little bit after the Bitcoin having when Bitcoin starts to make those larger moves that’s when I expect crowcoin to kind of move back up to the fair value Price level up here about the 12 to 20 cent range right about here I do expect that to happen as we get a little bit closer maybe like I said probably about a month or two maybe maybe even a quarter after uh the Bitcoin happening but as of right now I’m not surprised at all that we’re doing this we’re trading sideways into the downside we’re moving closer and closer to the previous low I think there’s probably a chance that we test this at five and a half cents especially with where I expect Bitcoin ahead my thesis on bitcoin right now is that We’re going to be trading sideways and to the downside and capitulate to 25 000 and then capitulate down to 21 000.unless there’s a significant move or some significant uh news out of the macroeconomics of the world probably from the Federal Reserve talking about raising rates cutting rates something in their literature or Something in their in federal Pals fomc meeting that’s the only thing in my mind that could really uh reverse this and move this to the upside but I also do worry that uh when we do have a some sort of event like that that that potentially could supercharge this And bring us down capitulates down maybe to 19 500 but if we do see something like that I do think that we’ll probably have somewhat of a v-shaped recovery very very similar to a back when we had the pandemic dump back here in 2019 I think that there’s a very very good Chance of something similar like that happening however I don’t think it’ll be nearly as drastic coming basically coming down to previous lows in the 2017 cycle but I do think that there is a good chance that um something plays out like that that we get a capitulation down especially if The Federal Reserve decides to supercharge that move with a um with some hawkish bearish talk with the fomc meeting but we have gotten some semi bullish news lately about the uh raising of the debt ceiling but um it’s temporary I really think that’s a small it’s kind of bullish it’s not anything Massive maybe for the short term they’ll be printing more money but um I don’t think that that’s going to be really necessarily being put into the stock market or risk on assets that being said though the S P 500 is trading to the upside people are feeling a Little bit more risk adverse you know I think it’s kind of funny that I say people are being more risk adverse when I’m talking about the S P 500 but there’s just a lot of money on the sidelines guys there’s a lot of money on the sidelines and people are starting to Deploy that Capital but guys I just want to give you a quick update if you like this type of content please like this video subscribe the channel right now be patient if you’re holding Crow it’s going to turn around after the Bitcoin happening in my opinion but be prepared For some more downward action downward price action especially with Crow coin because I do think that Bitcoin is going to kind of move it to that situation but also please feel free to become a member on the channel go below this video click the join button you get access to our Private Discord where we have nft Alpha trade signals more of a one-on-one Community with crypto Kip and I as well as these awesome custom emojis and loyalty badges that you can use during our live streams or in our comment section on our videos but our live streams are every Tuesday and Thursday 5 30 PM essential Standard Time don’t miss it guys that’s all I got thank you so much for watching I’ll catch you in the next one bye In today’s video, Blacksea talks about CRO coin and where he thinks the price could be headed.He also talks about how #crofam needs to be patient time is on our side! 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