Hi. hope you guys are having a good time.
Lets talk about BTC very possible scenarios. The bear cycle which has started a few months ago has not finished yet. Based on on-chain data and TA, the very bottom for this bear cycle is estimated to be sth around 14k - 15k.
Also this current bear cycle is the beginning of a very larger mega bull run which will happen between 2023 to 2025. And bear in mind that for every bull run to begin, we need a long bear cycle period. We almost passed half way through this bear cycle where previous bear cycle big buyers are selling their bitcoins in profit to new and fresh money.
Overall, the market is doing just fine and there is bull run ahead. but as i said earlier, the bear cycle hasent finished yet. there are still a few big red candles left to be done in coming months. from there (14k - 20k) we will start going up gradually. the ultimate target for the next bull run is estimated to be around 200k- 280k.
Also guys dont forget to follow me and like my idea. Im going to start posting about some great altcoin buying opportunities and a lot of long and short signals. so show me some love and support.
Good luck and trade safe.
Lets talk about BTC very possible scenarios. The bear cycle which has started a few months ago has not finished yet. Based on on-chain data and TA, the very bottom for this bear cycle is estimated to be sth around 14k - 15k.
Also this current bear cycle is the beginning of a very larger mega bull run which will happen between 2023 to 2025. And bear in mind that for every bull run to begin, we need a long bear cycle period. We almost passed half way through this bear cycle where previous bear cycle big buyers are selling their bitcoins in profit to new and fresh money.
Overall, the market is doing just fine and there is bull run ahead. but as i said earlier, the bear cycle hasent finished yet. there are still a few big red candles left to be done in coming months. from there (14k - 20k) we will start going up gradually. the ultimate target for the next bull run is estimated to be around 200k- 280k.
Also guys dont forget to follow me and like my idea. Im going to start posting about some great altcoin buying opportunities and a lot of long and short signals. so show me some love and support.
Good luck and trade safe.