Crypto Winter is coming this Summer
Dear reader, I have a sunny outlook on life and the coming week. Because after eight consecutive Red Weekly candles, we should finally get a green one.
Why?
Because even a bear market ain´t bleeding all the time. And based on what I found doing my research I am still convinced that over the next 4-6 weeks we should see a clear upwards trend to 34-38K BTC.
Now again, don´t get too happy about that, unless you are looking for a chance to sell.
Why?
Because Crypto Winter is Coming, based on that same research all the surging we´ll do in June will melt away in July.
Overall July is when BBTC and therefore the whole crypto market hits a, or maybe even the, bottom.
A little light in that tunnel that doesn´t seem to end is that the data also shows the trend starts picking up in August.
Even in 2018, only not as much as in other years.
As I see some, well frankly quite a bit of similarity with 2022 I expect the trend to be quite similar over the next couple of months.
Both years can be considered the year of the bear in my book, and both should be the year that the 4-year cycle hits the bottom before the new cycle starts picking up.
Now even in 2018, we saw a little bump upwards in June, before a drop to the bottom, a little bounce in Aug, and then a long flat line till November. And that dear reader is exactly what I think will be in store for us in 2022.
So put on your thermal underwear just to be prepared, as summer 2022 will feel colder than the worst winter.
Thanks for the read, remember that liking this article is free, and see you tomorrow!
Previous Articles:
DON´T sell in May and Go Away!
I don´t care About the Perma Bear!
Post Scriptum:
Platforms where I Earn Crypto for my Content (Affiliate Links):
Torum - https://www.torum.com/?referral_code=bitcoinbaby
NoiseCash - https://noise.cash/u/BitcoinBaby
ReadCash - https://read.cash/r/BitcoinBaby
Hive - https://hiveonboard.com/?ref=whywhy
Peaked - https://peakd.com/register?ref=whywhy
Publish0x - https://www.publish0x.com?a=l9avg4xnbG
Exchanges where I trade Crypto (Affiliate Links):
BitVavo Exchange- European. Higher trading fees (0.25 %) & Great Customer Service - https://bitvavo.com/?a=C21A94C2FD
Kucoin Exchange - Hong Kong. Okay, trading fees (0.1 %) & Contains a lot of low cap gems. Customer Service takes time - https://www.kucoin.com/ucenter/signup?rcode=rJ821BX&lang=en_US&utm_source=friendInvite
Bitmart - Global (USA allowed) Low, trading fees if you use BMX (0.025 %) & Contains a wide variety of coins - https://www.bitmart.com/en?r=7XFCVy
Places where I do Liquidity Mining and Staking
Cake DeFi. Here you have to invest $50 dollars and you get 30 dollars for free. You can withdraw your 50 dollars at any time or use them for Liquidity Mining, Staking, or lending to earn more DFI rewards. The 30 dollars is locked for 6 months but earning you interest for the 6 months. https://app.cakedefi.com/?ref=197670
Celsius. Celsius Network provides a platform of curated services with fair interest, zero fees, and lightning-quick transactions. You can store your crypto and get rewards or lend crypto with low fees. Celsius has been around since 2017 and stated to always have the best interest of the community in mind. My experience so far has been good although I will not stake all my crypto with them...NYKNYC
https://celsiusnetwork.app.link/1046126043
Disclaimer
I do not have any connection with any company I am writing about. I am not being paid to write this article.
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You might be right. Hence I have only planning to sell my crypto only in November. Otherwise I like to put them in dark house for next four months. Your predictions are same I also have same suggestions this year is following 2018. Wait and see what happened this year more dramatically..?.