TRADER PREDICTS CRYPTO MARKET WILL MIMIC 2018 BEAR SEASON, PREDICTS BITCOIN HIGH BEFORE NUKING LOWER
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An analyst and trader widely followed says the crypto market could follow its 2018 playbook.
“2022 could easily look like 2018 if we had the time. However, I believe that the market is maturer than ever. Overall market structure for trading is better + dexes [decentralized exchanges] + NFTs [non-fungible tokens] + gaming + new usable chains.”
Something like this would make sense for me; more people getting bullish on the bearish retest of $35,000 – $40,000 and then price nuking lower.”
Crypto Merch: t
Daily Letter: t
Blog / Podcast: m
Show Notes/New Resources:
Bitcoin Technical Analysis: k
Central Bankers Gather at Bitcoin Beach : m
Bitcoin Bottom: B
Microstrategy Does Not Plan To Sell Bitcoin: b
$40K Bitcoin Prediction: H
Disclaimer: This is not financial advice. This is entertainment and an opinion-based show. I am not a financial advisor. I’m not responsible for your investment decisions.
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I’m a journalist who specializes in investigative reporting and writing. I have written for the New York Times and other publications.