Crypto Winter is coming this Summer

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Avatar for BitcoinBaby
2 years ago

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

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Avatar for BitcoinBaby
2 years ago

Comments

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..?.

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2 years ago

Well I hope not this november, because I expect this November only to be the end of the bottom and the start of going up

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2 years ago