📊Why are you lucky to be at the crypto market now?
Updated
Hi friends! Is Bitcoin already at the bottom or will it fall lower? There will be no recommendations in this idea, only facts: technical and fundamental.
💹 BTC is down 70% from its highs, which is already a huge CRASH for all traders and hodlers, especially for beginners who have just entered (<1 year) the market. But what will happen to the entire crypto market in 1-2 year? Read to the end!
📊Let's move on to the facts:
🔶Panic at the market: war, fuel crisis, high inflation(!!!) not seen in as much as 40 years, stabelcoins are losing their peg, sneakers are no longer running, LUNA is not mooning, the stock market is bleeding! Don't you guys think there's too much bad news? Interesting to hear your thoughts. Share them with the community.
🔶The U.S. employment rate is 3.6%! In fact, it's pre-covid rates when the economy was at it`s ATH. How does this apply to Bitcoin? In fact, the biggest buyers of cryptocurrency are retail. So retail are doing well and they're making money.
🔶A large number of people are expecting $10,000-$12,000 for Bitcoin. Is this possible? As you know, most people can't earn money in the market and be in profit. Someone need to lose. This situation is reminiscent of 2018, when when Bitcoin fell to 3k most people were expecting
1K for Bitcoin, and 2020, when everyone was expecting it to fall to $0 amid a COVID-crisis.
Of course, there is a small possibility, because no one knows how the price will move. What do you think the probability is that Bitcoin will fall to $10,000-$12,000? 5%, 50%, 95%? Write in the comments!
__________
📊Why are you lucky if you're currently in or just getting into the crypto market:
1️⃣ If you wanted to buy Bitcoin, now it' trading at -70%✅discount, and most altcoins are -95%✅ discount. It is important to remember that the price can fall by 99% an infinite number of times and Luna proved that once again. Use the risk management.
Additionally, one thing are not usual. There is no volume growth which happens during such dumps. Why this can happen:
1.1. the price not at the bottom yet.
1.2. most of traders sell all their crypto in the consolidation of $29-67k and have nothing to sell now.
Follow the channel to not miss the next updates about BTC and ALTs!
2️⃣ If Bitcoin cycles continue, then the next 1-1.5 years we are in a bull market with great opportunities for traders. Even a beginner in such conditions can earn huge profits. The main thing is to learn the basics of trading and follow the trend. If you are a beginner, there is an unlimited number of my useful articles and educational ideas for you on the available platforms🌐
3️⃣ There is no need to wait another year for Bitcoin to reach its "fundamental"✅ value area. There are 2 dates marked on the chart: January 2018 and June 2019. Why are they marked? It's been about a year to the new bull market from those dates and huge debilitating consolidations. We've had the same in this cycle. Time is the basic thing in the market.
🏁Traders, it's important to know your opinion! Do you agree with the facts in this idea? If so, what else would you add? If you don't agree, write why not?
💻Friends, press the "like"👍 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
💹 BTC is down 70% from its highs, which is already a huge CRASH for all traders and hodlers, especially for beginners who have just entered (<1 year) the market. But what will happen to the entire crypto market in 1-2 year? Read to the end!
📊Let's move on to the facts:
🔶Panic at the market: war, fuel crisis, high inflation(!!!) not seen in as much as 40 years, stabelcoins are losing their peg, sneakers are no longer running, LUNA is not mooning, the stock market is bleeding! Don't you guys think there's too much bad news? Interesting to hear your thoughts. Share them with the community.
🔶The U.S. employment rate is 3.6%! In fact, it's pre-covid rates when the economy was at it`s ATH. How does this apply to Bitcoin? In fact, the biggest buyers of cryptocurrency are retail. So retail are doing well and they're making money.
🔶A large number of people are expecting $10,000-$12,000 for Bitcoin. Is this possible? As you know, most people can't earn money in the market and be in profit. Someone need to lose. This situation is reminiscent of 2018, when when Bitcoin fell to 3k most people were expecting
1K for Bitcoin, and 2020, when everyone was expecting it to fall to $0 amid a COVID-crisis. Of course, there is a small possibility, because no one knows how the price will move. What do you think the probability is that Bitcoin will fall to $10,000-$12,000? 5%, 50%, 95%? Write in the comments!
__________
📊Why are you lucky if you're currently in or just getting into the crypto market:
1️⃣ If you wanted to buy Bitcoin, now it' trading at -70%✅discount, and most altcoins are -95%✅ discount. It is important to remember that the price can fall by 99% an infinite number of times and Luna proved that once again. Use the risk management.
Additionally, one thing are not usual. There is no volume growth which happens during such dumps. Why this can happen:
1.1. the price not at the bottom yet.
1.2. most of traders sell all their crypto in the consolidation of $29-67k and have nothing to sell now.
Follow the channel to not miss the next updates about BTC and ALTs!
2️⃣ If Bitcoin cycles continue, then the next 1-1.5 years we are in a bull market with great opportunities for traders. Even a beginner in such conditions can earn huge profits. The main thing is to learn the basics of trading and follow the trend. If you are a beginner, there is an unlimited number of my useful articles and educational ideas for you on the available platforms🌐
3️⃣ There is no need to wait another year for Bitcoin to reach its "fundamental"✅ value area. There are 2 dates marked on the chart: January 2018 and June 2019. Why are they marked? It's been about a year to the new bull market from those dates and huge debilitating consolidations. We've had the same in this cycle. Time is the basic thing in the market.
🏁Traders, it's important to know your opinion! Do you agree with the facts in this idea? If so, what else would you add? If you don't agree, write why not?
💻Friends, press the "like"👍 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
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