Three things stuck in my mind this week:
1. It might take a few more months before BTC's price finally exits the bear market. That is if we have a similar situation to the 2018 bear market where fear and greed levels plateaued for a whole year.
2. BTC's price free-fall will slow down between $24K and $27K unless more macroeconomic and geopolitical risks emerge.
3. Short-term holders are responsible for most of the capitulation (day trading and scalping don't fall in this category, right?).
But one thing has a high certainty---the bear market is temporary.
The bull is not a matter of if but when.
some analysis and predictions, for this year the worst crypto in history, the risks are incalculable, but long term investment one positive thing, I think Bitcoin will experience problems at the 24k level.
even if this drops down to 24k level still this is not the worst in bitcoin history , we are still ni 20k level that shows how strong and huge investors behind bitcoin .
yeah this is 65% lower than the ATH last year if we come fall to 24k but still so high compared to 2017 ATH.
but if there is something we can contribute? that is to Buy in dumping season and keep holding .