Post
Topic
Board Speculation
Re: New year new speculation
by
hello_good_sir
on 06/01/2022, 23:49:36 UTC
I'm expecting there to be a significant pullback (which is happening right now, as we speak).

People have gotten way too over-optimistic about the crypto market, and the whole crypto space is quite overleveraged right now in my opinion. BTC I'm expecting to retrace under $40k before any significant bounce.

Plus, the halving cycle would suggest that the timing is also not the best for this coming year to be a bull market - usually we have a bull cycle end around 2 years after the halving (2020).