Post
Topic
Board Speculation
Re: There will be more down - bearish on BTC
by
cheezcarls
on 25/10/2022, 12:43:40 UTC
As previous trends , logically.

we had our BTC top 1 year back(69000$). So after one year we can not expect another ATH going to happen. Market need sometime for next momentum. Even other markets too.

If we guess that we can expect next market preparation  after next halving ,. Hence , we have exactly 1 year and 5 months.

Clearly can see consolidation area in next year(2023). So definitely we can grab , more buying opportunities rather now.

We had Bull market , Now we are at the end of the bearish momentum. Consolidation area is incoming.

This is my market reading. I know everyone does have different opinions. Lets share


 

I just didn’t mind about the movement of the price even now. I just do DCA (dollar-cost averaging) with Bitcoin with my extra “not beer” money as long as I have.

Bearish momentum will likely going to happen for a long while, but there will be no promises or guarantees on when will it last. We just have to prepare ourselves to expect the unexpected.