Post
Topic
Board Trading Discussion
Re: How long do you think the market will take to recover?
by
ven7net
on 26/06/2022, 14:31:29 UTC
Cryptocurrency is currently collapsing. And the total crypto market cap is now less than $1 trillion.

The market is red, and every cryptocurrency is crashing. Is it better to wait for a further drop in Bitcoin and Ethereum, or would DCA be better?


What will happen next?

How long do you think the market will take to recover?

If you believe in the theory that the crypto market develops cyclically, then we can assume that the next growth may be in 2025. Why is it so and what does it mean that it develops cyclically? If we analyze the development of the crypto market from the beginning of its existence, we can see a certain pattern that fits every four years and during this time the price of BTC reaches its peak, again goes to the bottom and again reaches its new peak. It turns out that there are cycles that repeat and each such cycle is equal to four years. Someone claims that there is a similar development scenario, but it is based on the BTC halving. But no matter how it was, there is still a similar pattern. For example, at the end of 2017, the price of BTC reached its peak and then went down. At the end of 2021 and the beginning of 2022, the price of BTC again showed its peak, and now it is rapidly going down. Add four years here and it turns out that the next BTC price peak could be from the end of 2025 to the beginning of 2026. This is certainly not a forecast, but just a personal observation, but time will actually show how it will be.