Bitcoin is nearing the bottom of this rout, don't you think? The federal Reserve interest rate hike, the biggest negative factor, is slowly out of the exhaust, interest rate cycle is finished and then the next interest rate contraction, ushering in a new round of us dollar oversend flood irrigation cycle.
It's been more than a year since last year's great retreat, and if it's two years, it's only a year or so away. Bitcoin will recover next year, and 2023 will be a turning point between bull and bear. It is necessary to formulate a personal plan for investment or bottom hunting.
With bitcoin as the main mainstream, ether as a supplement, non-mainstream dogs, Shiba inu, metaverse and so on can be appropriate. Various signs have also shown that the overall performance of the market is relatively depressed, the market trading volume continues to fall, especially some small exchanges frequently burst thunder, roll money to run from time to time, do the contract pole bar link ring burst positions, retail investors choose to lie flat.
Market sentiment gloomy, many had hold are exit, improve cognitive came in at the beginning there will be many people and you tell the hotspot that hot, group of lecture now more than a bullish has disappeared, the bull market shouldn't come in to come in, when the results into a bull market the chariot COINS bear the chariot money, buy a currency issuing, as in the old man cut, you cut me I cut you, Some people help other people's wealth free, their own mutilation. To the bear market can only be forced to exit and impatience.
History repeats itself, the same thing repeated by different people. Talk about the market news, more attention is nothing more than a variety of good, such as how many wallets how many coins went where, which big guy out propaganda, whale bottom fishing and other news. Look again after the thing is just a kind of performance that the market overheats, banker wants shipment to be about somebody to come in to receive dish, the purpose that fries heat up the market is helpful for banker to withdraw. Conversely, the more the market falls, the more bearish factors weigh.
Musk this big man recently suddenly announced that he sold his bitcoin news, a stone stirred up thousands of waves, to create panic in the market to fish in troubled waters. Overheated market is bearish, bearish market is positive. At present, the position of the new bottom still needs to be tested repeatedly. If it is the bottom, it will take some time to complete the process of a bottom shape and u-shaped bottom structure.
In the next three years, Bitcoin is expected to reach 30W, the first goal of 10W, the second stage of the high to number 20W, once reached this target, we should pay attention to the history of 519 will repeat, only late will not come. The bear market will end the bull market will come, Musk don't bold pick up, the move on the move, or wait for when. Three years from now, Musk will tell you how many more he bought in 2022.