EvanHearne

If you were to look at Bitcoin as if it's in a mid-cycle bull run, you could draw similarities to 2020.Although the 2020 crash was pandemic-induced, creating mass fear and causing a harsh sell-off of around 70%, this current dip is around 30%. The market is substantially different now compared to what it was then.The media is spreading fear of a recession. While it is possible we may fall into one, I am willing to take the risk.Personally, I'm not buying Bitcoin; it just determines the future of altcoins. As we saw, Bitcoin was hitting all-time highs not too long ago, and now altcoins are hitting all-time lows, which we've never seen before in history.Statistically, the best chances of success are to buy when coins are at all-time lows, as markets are always due for a flip. With patience and luck, I see this as a fitting time to buy altcoins.This is just a different outlook; I could be completely wrong.

XTZ sitting at 92% discount from ATHHold for 1-2 Years Following history when BTC moves Altcoins follow

IOST sitting at 93% from ATH Altcoin season soonFollowing history when BTC moves Altcoins follow

Algo currently sitting at 96% discount from ATHAltcoin season is coming soonWhen BTC moves Altcoins follow

Altcoin season will be soon Algo is at a 95% discount from ATHHold for 1-2 years Following History when BTC moves Altcoins follow

Alt season is soon - 96% discount from ATHIdealy hold for 1-2 years Following history BTC moves Altcoins follow

This happened in 2015, 2019, and once again now... I believe Bitcoin will begin at least another year of downward or sideways accumulation to create a strong platform for BTC to grow to new heights,as you can see in previous Bear Markets this exact same short-term rally has happened before, How will it play out? - I believe it will start with a shortfall of $19,800 touching the 10-week ema, from this point it will eventually hit $16000-14000 with the potential to hit $11-8000 which I think is unlikely.Why will this happen? - The economic collapse that the average human needs like oil, housing, unemployment, etc.during these times saving rates have plummeted to 2.4% from previous years ranging from 8.4-19% in USA and Europeleaving people with very little money to invest.Thank you for reading :)

I strongly believe this short-term run will top out around $23,200-25,000 touching the 200-day ema.If the 50-day ema crosses over the 200-day it is called a DEATH CROSS, my targets haven't changed.These short-term runs are driven by FOMO and liquidation.if this does play out it will be the last bearish movement for bitcoin.--------------------------------TARGETS-----------------------------------------$16,000$14,000$11,000This is a similar chart from 2018 if you are interested, cryptopotato.com/what-is-a-death-cross-and-whats-the-relation-to-btc-breaking-down-from-the-6k-area-in-2018/Thank you for reading :)

There is not long to go until the bear market is completeYou can see a descending triangle which is a bearish formation,I believe bitcoin will bottom out around 11,000~9,000usd worst case scenarioYou can see the fall off in sell volume and the rise of the rsi, throughout bitcoins history this has always indicated the bottom of bitcoin, especially trading under the 200 ema for this length.Patience will make you money. In the year 2023, I will accumulate as many crypto assets as possible for the 2024 bitcoin halving. Expect another 3~4 Month Bearish Trend Thank you please like/comment

we can see Fantom has rounded off. This is a short-term trade as I believe the Bear market is not overEntry .2046Target .25Leveage 8xTake these moments with safety