@BitcoinBaby 21 November 2022

𝐂𝐫𝐲𝐩𝐭𝐨 𝐖𝐞𝐚𝐭𝐡𝐞𝐫 𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭 Well, it looks like I am finally getting the fallout dump I have been calling for. BTC is going to 15.5K in the next 24 hrs bringing us closer to the bottom, but we ain´t there yet. I still gamble that my birthday at the end of this month will coincide with the bottom, at least for now. And yes I have my reasons for that. Once December kicks in we will see a holiday vibe. Mostly retail will play the market as institutional investors will close the books on 2022. Once we hit Jan, there will be that slightly positive vibe that we survived a year of bear. And that 2023 should be better. And it will, but we might just see it get worse first. Because I still think the recession is not yet priced in. So the big question will be..... will this black swan FTX event create a lower bottom than the recession will. And it might, recession just means less money....FTX means less faith. If those two would have met up in May/June of 2023 you would have an amazing toxic cocktail killing the space. But it seems that the fallout will clear out in January as people easily forget. And the realization of how big this recession might get will not happen till the end of Q2 2023. So how much can we go up during that period Jan-Jun 2023? In the current economic climate, recovering from this non economical event should allow a 30% recovery. Hence if we hit that 12-14K before 2023, we would be back at 16-18K by June and then have a nice summer recession dip. #crypto