Crypto is going DOWN into the end of 2023.
2024 to 2027 could see a giant bull run after this move.
This next leg down will be the one that causes people to proclaim that crypto is dying and be quite hopeless as the price really breaks down, which is exactly the psychological point you should be buying during if you're a long-term investor. But patience is key. Wait for the strong down move to 9-10k, then we should weakly, slowly step down into the 6k level and retest the huge support there from the last corrective cycle.
I trade short & long-term, and while crypto is a great investment over the next 10 years, now is NOT the time to be buying. If anything you should take any profits you have and save cash and wait and see what goes down. I expect many more bankruptcies and crypto exchanges liquidating and closing down. This is a necessary cycle to weed out the bad players and is a healthy sign of a new market. Embrace it and realize you're going to get a great buy-in soon.
Bitcoin is indicating a final major breakdown before the new bull cycle starts. We have just completed a bearish running flat and this is going to be the NASTY final wave. It could get really scary but keep your wits about you because it will open up the opportunity for a massively discounted buy-in if you save your cash, buy when people are panicking, and hold for a few years.
I'll buy backing up the truck and loading the hell up around 5k-7k.
At this point, people will be either too broke to buy or too scared.
2024 to 2027 could see a giant bull run after this move.
This next leg down will be the one that causes people to proclaim that crypto is dying and be quite hopeless as the price really breaks down, which is exactly the psychological point you should be buying during if you're a long-term investor. But patience is key. Wait for the strong down move to 9-10k, then we should weakly, slowly step down into the 6k level and retest the huge support there from the last corrective cycle.
I trade short & long-term, and while crypto is a great investment over the next 10 years, now is NOT the time to be buying. If anything you should take any profits you have and save cash and wait and see what goes down. I expect many more bankruptcies and crypto exchanges liquidating and closing down. This is a necessary cycle to weed out the bad players and is a healthy sign of a new market. Embrace it and realize you're going to get a great buy-in soon.
Bitcoin is indicating a final major breakdown before the new bull cycle starts. We have just completed a bearish running flat and this is going to be the NASTY final wave. It could get really scary but keep your wits about you because it will open up the opportunity for a massively discounted buy-in if you save your cash, buy when people are panicking, and hold for a few years.
I'll buy backing up the truck and loading the hell up around 5k-7k.
At this point, people will be either too broke to buy or too scared.
Comment:
November-December 2023 appears to be the possible buy-in point.
Comment:
~150 Shiba Inu fakes are still being traded and sold to people.
The new growth cycle will not begin until these are all but dead.
Only strong blockchains, with serious projects and teams will survive the coming regulatory environment. We want crypto to become a major asset class and that will not happen until we get these things.
(Shiba Predator, King Shiba, Shib Army, Forever Shiba, Shibcat, ShibElon, ShibaDoge, Shiba Inu Pay, KiboShib, ShibaPoconk, Bone ShibaSwap, Shibarium Pad, Half Shiba Inu, Euro Shiba Inu, Baby Shiba Inu, ShibCEO, Shibarium DAO, Shiba Lite, Shibonk, Shibazilla, Shibtoro, SpookyShiba, NitroShiba, Shibcraft, BitShiba, Saudi Shiba Inu, Shibaverse, ShibKiller, ShibFalson, ShibaCorgi, Shiba Floki Inu, Gaming Shiba, Shibosu, ETH Shiba, Canto Shib, ShibKing Inu, American Shiba, Kaiken Shiba, Shiba Girlfriend, Shiba Classic, Robot Shib, Christmas Shiba, Shibalana, Shiba World Cup, Shiba Interstellar, The Moon Shiba, KittyShiba, ShibaNFT, Shibnaut, BuffedShiba, wShiba, Shibana, Shiba Inu Empire, ShibaCash, ShibaPup, Gambler Shiba, Alien Shiba Inu, Black Shiba Inu, Shiba Light, Studio Shibli, Shiba Samurai.....etc....etc....many more as well.
Regulators will impose rules that will kill nearly all of these are reporting standards for customers become required and the creators of these simply leave and these coins all crash to near zero.
After that happens, we can talk about the new growth cycle and I will buy my list of favorite cryptos and blockchains.
The new growth cycle will not begin until these are all but dead.
Only strong blockchains, with serious projects and teams will survive the coming regulatory environment. We want crypto to become a major asset class and that will not happen until we get these things.
(Shiba Predator, King Shiba, Shib Army, Forever Shiba, Shibcat, ShibElon, ShibaDoge, Shiba Inu Pay, KiboShib, ShibaPoconk, Bone ShibaSwap, Shibarium Pad, Half Shiba Inu, Euro Shiba Inu, Baby Shiba Inu, ShibCEO, Shibarium DAO, Shiba Lite, Shibonk, Shibazilla, Shibtoro, SpookyShiba, NitroShiba, Shibcraft, BitShiba, Saudi Shiba Inu, Shibaverse, ShibKiller, ShibFalson, ShibaCorgi, Shiba Floki Inu, Gaming Shiba, Shibosu, ETH Shiba, Canto Shib, ShibKing Inu, American Shiba, Kaiken Shiba, Shiba Girlfriend, Shiba Classic, Robot Shib, Christmas Shiba, Shibalana, Shiba World Cup, Shiba Interstellar, The Moon Shiba, KittyShiba, ShibaNFT, Shibnaut, BuffedShiba, wShiba, Shibana, Shiba Inu Empire, ShibaCash, ShibaPup, Gambler Shiba, Alien Shiba Inu, Black Shiba Inu, Shiba Light, Studio Shibli, Shiba Samurai.....etc....etc....many more as well.
Regulators will impose rules that will kill nearly all of these are reporting standards for customers become required and the creators of these simply leave and these coins all crash to near zero.
After that happens, we can talk about the new growth cycle and I will buy my list of favorite cryptos and blockchains.
Comment:
Everything is going according to plan.