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BGMind_Control
Dec 5, 2022 6:51 AM

Crypto cycles - everyone can't buy the bottom by default Long

Bitcoin / United States DollarCoinbase

Description

If we are to keep the 4 year cycle intact, we need to start going sideways or up from a time stand point. If you look at previous BTC cycles the bear market continued 2/3 of the way from halving until the next halving. We are at this time band. There are a lot of signs that we are at the macro bottom. The interesting thing is that now everyone in crypto has become a macro analyzer looking at yield curves and stocks, when the idea of crypto is for you to get out of the traditional financial system. I think that we have a good probability that crypto doesn't go as low as people expect so the ones that keep waiting "for the bottom" will ultimately get left behind so they can fomo a lot higher. Currently that crypto Mcap is standing at 900B dollars. This is peanuts compared to other macro asset classes. This could hit 10T easily at the next cycle high.
Comments
SwallowPremium
Very nice work, we also have the same opinion)!
Tradersweekly
Most people trying to catch the bottom will likely get shaken out of their position by volatility, improper risk management, and high leverage. Thanks for sharing.
BGMind_Control
@Tradersweekly, Thats why i dont use leverage. Because its stupid. Especially in crypto.
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