The date October 12, 2022 Bitcoin trade at 19k$ far from the 66k$ reached on 20October2021.
To be clear, Bitcoin lost +70% of its peak value.
The consequences, all these business that invested a lot in a bitcoin at +40k$.
Some business have lost 50% of their cash reserve.
All the people who anticipated a Bitcoin at 100k$ before the end of the year, have lost a lot.
Crypto.com is struggling and they already reduced their staff. They canceled tons of sponsorship contract. ANd they will probably continue to reduce their spending for some time.
Panic is ramping in the crypto community, which is actually one of the biggest opportunity for the future of the market.
A lot of shitcoin have gone forever, and some overhyped coin will never go back to their top value.
Dogecoin is back to the Shiba rank of the shitcoin and must be avoided.
4 Months plateau of Bitcoin around the 18,500$ value is also a sign of stability.
Bitcoin is not at the 5000$-10000$ range predicted by some Day trading experts.
ANyway i myself use my own datas collected during the last 3 years to anticipate the future of this market.
And you may be surprised that i still perform in this market at 7-15% per month for all this year.
There are lot of opportunities, dont follow the crowd and use some common sense combined with accurate datas.
Don’t jump investing into the next big hyped cryptocurrency, more than 97% of cryptos are pure scam. Some carry exactly ZEOR VALUE, and some are just terrible Ponzi-Multilevel marketing praying on the gullible.
if you want to buy crypto stick to the references for now.
If you buy Ethereum or bitcoin, and sell it at +40% you will be beating some experts investment porfolio yearly experience. And i can can guarantee you that you will hit the 40% within a year max(i predict we’ll be there in February).
Anyway, after many request i will launch a private newsletter for investors. This will caped to maximum 100-200 members to people who want to diversify their investment.