In bear markets, the potential for upswings are immense. I am not saying this market is done falling... Yet. I believe $BTC around 26K is a great opportunity to buy and hodl.
Since 2012, all major BTC crashes have net averaged ~ -63%, with most around net ~ -50%. We are now down about 63% from BTCUSD highs in early November 2021. I think now (If generally a believer of what Defi and BTC) is a GREAT time to get in at low prices and hold for months - years.
I believe the crypto market will reach its lows around the same time as equity markets even if just temporary bottoms.
Good luck traders, let me know what you think in the comments below.
M
Since 2012, all major BTC crashes have net averaged ~ -63%, with most around net ~ -50%. We are now down about 63% from BTCUSD highs in early November 2021. I think now (If generally a believer of what Defi and BTC) is a GREAT time to get in at low prices and hold for months - years.
I believe the crypto market will reach its lows around the same time as equity markets even if just temporary bottoms.
Good luck traders, let me know what you think in the comments below.
M