A widely followed crypto analyst says the digital asset market has yet to hit bottom and is predicting one more shakeout before the start of another bull market cycle.
ນັກວິເຄາະຊື່ Altcoin Sherpa ບອກວ່າ their 187,100 Twitter followers that the crypto market’s historical performance is an unlikely predictor of how long the current bear market will last because there are different macroeconomics in play.
“And the past bear markets/accumulation are probably not going to necessarily look like this current one; every market cycle is different. Macro environment has never looked like it currently does in 2022 (rates + war + everything else is scary). So we could even be here longer.”
Altcoin Sherpa is ການຄາດຄະເນ at least another three to six months before the crypto market turns bullish.
“The bottom line is that we could still be chopping around for three-to-six months and even longer. Buckle up, it’s probably going to be a long fucking ride. Accumulation takes a long time and patience is the name of the game. I think most would do best DCA (dollar-cost averaging) into [Bitcoin] and [Ethereum].”
Altcoin Sherpa ຍັງ ເວົ້າວ່າ the crypto market may see fluctuations into new recent high or low price levels during the months-long accumulation phase, but he still believes the market has yet to bottom.
“For active traders, there WILL be bounces and market moves for sure. I think that we’ll see 20%-100% moves throughout this accumulation cycle as we always do. But I’m still waiting for a final shakeout before I can assume the bottom is in.”
Altcoin Sherpa ຄາດ a possible low of $10,000 for Bitcoin’s (BTC) bottom and ເວົ້າວ່າ they believe the bear market began in November 2021 and has lasted for about one year, while others argue that the bear market began in May 2021 and has lasted 580 days.
ໃນເວລາຂຽນ, Bitcoin ແມ່ນການຊື້ຂາຍມືຢູ່ທີ່ $ 16,642.
ຢ່າພາດການຫຼິ້ນໃຫ້ເກີນແມ່ນ - ຈອງ ເພື່ອໃຫ້ໄດ້ຮັບການແຈ້ງເຕືອນອີເມວ crypto ທີ່ສົ່ງໂດຍກົງໃສ່ກ່ອງຈົດ ໝາຍ ຂອງທ່ານ
ການກວດສອບ ປະຕິບັດລາຄາ
ປະຕິບັດຕາມພວກເຮົາກ່ຽວກັບ Twitter, ເຟສບຸກ ແລະ ໂທລະເລກ
Surf ການປະສົມ Hodl ປະຈໍາວັນ
ການປະຕິເສດ: ຄວາມຄິດເຫັນທີ່ສະແດງຢູ່ The Daily Hodl ບໍ່ແມ່ນ ຄຳ ແນະ ນຳ ດ້ານການລົງທືນ. ນັກລົງທືນຄວນເຮັດຢ່າງດຸ ໝັ່ນ ເນື່ອງຈາກການລົງທືນທີ່ມີຄວາມສ່ຽງສູງໃນ Bitcoin, cryptocurrency ຫລືຊັບສິນດິຈິຕອນ. ກະລຸນາຮັບຊາບວ່າການໂອນຍ້າຍແລະການຄ້າຂອງທ່ານແມ່ນຢູ່ໃນຄວາມສ່ຽງຂອງທ່ານເອງ, ແລະການສູນເສຍໃດໆທີ່ທ່ານອາດຈະເກີດຂຶ້ນແມ່ນຄວາມຮັບຜິດຊອບຂອງທ່ານ. The Daily Hodl ບໍ່ໄດ້ແນະ ນຳ ໃຫ້ຊື້ຫຼືຂາຍຂອງຊັບສິນດິຈິຕອນໃດໆຫລືຊັບສິນດິຈິຕອລ, ຫລື Daily Hodl ເປັນທີ່ປຶກສາດ້ານການລົງທືນ. ກະລຸນາສັງເກດວ່າ The Daily Hodl ເຂົ້າຮ່ວມໃນການຕະຫຼາດເປັນພີ່ນ້ອງກັນ.
Featured Image: Shuttestock/tanatpon13p/Nikelser Kate
Source: https://dailyhodl.com/2022/11/17/top-crypto-trader-says-final-shakeout-coming-before-market-bottoms-out-heres-the-timeline/