dannybabbev

Expect six more months of bear market in crypto

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
If there is one thing which bitcoiners know, it is that the crypto market is cyclical.
We have had multiple boom and bust cycles throughout the years with incredibly similar characteristics in terms of percent change.

Bitcoin had its boom last year and every other coin followed. And a boom is always followed by a correction.

You can see the big picture in this chart.

Six more months of bear market in crypto is completely normal and expected. Be warned.

Expect to see the "Bitcoin is dead" articles again. The more common they become - the more you know you have to buy.

Now, and in the following months, it's the accumulation phase again.

#BUIDL
May 11
Comment: Nailed it!
Great simple and accurate prediction. I like it.
Reply

Maybe...
+2 Reply
agree with the 80% fall... i think the timing will be faster to get there though.
+1 Reply
@Hskr8, agree, the space is moving much quicker
Reply
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