Once we hit bottom, the only place left to go is up... And Waves hit its lowest level in three years and the bounce that is taking place is super strong.
In late December 2022 Waves went as low as 0.00007650, a level that was last seen December 2019.
We are looking at Waves vs Bitcoin (WAVESBTC).
Of course, this is good news... The lower it goes and the faster it drops the stronger the rebound.
We can see 47% happen in the short-term.
173% and 295% can be done, it is possible, in the mid-term.
Long-term, we have over 400% potential when we consider the March 2022 high.
Since we have a higher low, we can expect to also see in the future a higher high.
If I were to do the maths, the total potential would be a thousand percent or more... I will leave that for later this year or maybe in 2024 when the bull-market is in full force.
Namaste.