Think about a question: Will BTC oscillate at this level


like it did in 2018 for nine months?
Or like in 2022 for five months?
Let me share my opinion: I think it's unlikely.
What’s the underlying logic? The current liquidity
has decreased by 80%, or even 90%, compared to previous years.
Suppose this level oscillates for another month ( just a hypothesis ),
plus nearly two months have already passed, making it about three months.
Doesn’t that make many people think the bottom is in?
I still believe that $60,000 is not the bottom.
Without high turnover, no volume at the bottom, it can’t be the bottom.
The decline is just a matter of time. After retail investors are shaken out,
the big players will start to push down the price.
If they aren’t shaken out, they’ll keep oscillating until they’re sick of it.
#BTC # ETH
BTC1,97%
ETH3,69%
View Original
post-image
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 1
  • Repost
  • Share
Comment
Add a comment
Add a comment
RyoSaebavip
· 1h ago
Thank you for the update
Reply1
  • Pin