I JUST BOUGHT THE DIP AND SELECTED A FEW SPECIAL ALTCOINS 🔥🔥
Our traders are also up in the Discord!
I honestly feel like acting around about now isn't a bad idea - yes, further drawdown is possible, but activity around these extreme lows has potential for generational life changes
If you are patient and can persevere through the tough times, this environment could be for you!
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(Please also do your own research and due diligence, conviction is created, not borrowed!)
IGNORING THIS BEAR MARKET CYCLE MEANS YOU HATE THE IDEA OF GROWTH
I MEAN REAL GROWTH
The kind of growth that can really support your future and those you love and care about
BEAR MARKETS are the real money printers 🔥
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Bitcoin net realised profit/loss $BTC is reflecting some serious signs of the past!
We're looking like June 2022 and November 2022
Less emotional volatility that is for sure
But selling is becoming exhausted at these levels
We might just be sitting around the bottom for Bitcoin
Generational wealth could be made
I think we are getting close to the generational bottom for crypto
Yes we can still potentially see 5-10% more drawdown
But wow, are we getting close
Time in the market will reward you the most NOW
Do not let this phase slip beyond you
#crypto#btc#cryptocurrency
Bitcoin total drawdown as per bear market
2011: -93%
2013: -87%
2018: -84%
2022: -77%
Today: -53%
Every bear market has been shallower than the one before.
Why? Because each cycle brings a larger base of high-conviction, long-term holders willing to buy weakness.
The floor keeps rising.
This might be one of the most bullish long-term charts almost nobody is talking about.
THIS IS FOR EVERY SCARED CRYPTO INVESTOR RIGHT NOW!!!
This is the most simple chart and IMO the most effective on you will ever see, I use it to time my acquisitions
Every time Bitcoin has so far gone down to about 40~ on the monthly RSI we have been close to the bottom
This applies also to the 2011 cycle, and every cycle afterwards
I would totally bet on this data to help with creating the most logical speculation that there could be
My speculation is whilst we are not perhaps right at the bottom - we are close to it!