𝐂𝐫𝐲𝐩𝐭𝐨 𝐖𝐞𝐚𝐭𝐡𝐞𝐫 𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭 Everywhere I look I see FUD, short-term FUD, Mid-Term FUD the only thing still saf for long-term crypto holders seems the long-time perspective. Where some of us might hope that the turning point would be early 2023, analysts are currently taking that hope away from us. If you thought that the alts had bottomed, no way. If the cycle reset is now, that means BTC dominance will grow and be there for the next 4 months. That means any loss will hit the altcoins the hardest and they can still drop by a lot. XRP seemed to be winning but the LBRY case has shown that winning might be impossible and settling is the best option left. Binance, if it goes down it will do so in the next 6 weeks and that fallout is gonna be the bomb. Still, I do not expect Binance to fall, but if we will see prices nobody expected. The FED will remain hawkish till Q3 of 2023 for sure. Recession and interest will draw down the capital that can be invested, hence no capital, no investments, and therefore no rallies. Happy New Year you all, 2023 is gonna be no Blast
1 comment
Crazy times.