jaycewarrior
Senior Member
- Joined
- Jun 28, 2017
- Messages
- 884
- Reaction score
- 457
May crash was just the beginning. The worst is yet to come.
I would love to be optimistic and tell you yeah we going to a new bull run to 50K but that's not gonna happen any time soon with the all the economy crisis happening and things going to happen.
We're a few day from the largest QT in the US history by any means. The last (was the first of it's kind) that took place back in 2018 Crypto market couldn't handle it. BTC was -40% down from the ATH and ETH was nearly down to -94% from the ATH. If we see this kind of the corrections in the upcoming QT, the crypto bubble will bust and only the SOLID projects will survive it but most of the Alts will die.
But hi, i could be wrong and maybe the market react otherwise but all the market analysts are expecting a decline in returns from the market.
Trade safe and stay cautious.
I would love to be optimistic and tell you yeah we going to a new bull run to 50K but that's not gonna happen any time soon with the all the economy crisis happening and things going to happen.
We're a few day from the largest QT in the US history by any means. The last (was the first of it's kind) that took place back in 2018 Crypto market couldn't handle it. BTC was -40% down from the ATH and ETH was nearly down to -94% from the ATH. If we see this kind of the corrections in the upcoming QT, the crypto bubble will bust and only the SOLID projects will survive it but most of the Alts will die.
But hi, i could be wrong and maybe the market react otherwise but all the market analysts are expecting a decline in returns from the market.
Trade safe and stay cautious.
