In every bear market in BTC history its always down 80-85%+..This time we went 77%.Taking into consideration this was also first macro economy bear market in BTC history on verge of recession, high inflation, QT, exchanges collapse, BTC held much better than people thought. Most people was sure it was going down at least 80%+ or around 10-12k and that actually that was realistic expectation.
I believe 15.4k was the bottom as there were no sellers even after FTX collapse..
Also unemployment is still really low, inflation going down a lot, Q4 gdp growth prediction 4%,earnings are still decent. All that is going for high chance of getting a soft landing which market is starting to price in.
Congratulation to everyone who bottom at 15k bottom. Good luck, see you above 25kπ
Submitted January 13, 2023 at 11:51PM by neda6117 https://ift.tt/rycSPbU https://ift.tt/cuLTDeG
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