After a 1 year and a half of a tremendous Bull market Btc is doing what is supposed to do, a bear market, because of that for 2022 I'm not expecting anything but an anxious year, with hopeless dreams of new bull markets...
What is going to happen to altcoins?
Altcoins Bleed. When BTC goes down 5% Altcoins will go down 10%. A lot of new altcoins that have no use (For example DOGE and SHIBA) are going to disappear like NANO in 2017. That doesn't mean that new projects can't come and gain value while BTC goes down but the majority of Altcoins will follow BTC until his thumb if he decides to go there haha. This sounds scary as f*ck.. right? no. While everyone is hoping that a new bull market begins we are gonna wait until we see that BTC is ready to go up and if that happens at 3k or 20k we will be ready.
Since I talked about new upcoming projects...
I'm not bothering you with a lot of text here you have 3 projects I'm following for the next 3 years :
-
AGIX
-
SDAO
-
SHILL
Are you a good gamer? Pipeflare is giving 2000$ per month to players who can get the best scores in their games Playing for 15 min, don't lose this opportunity!
How do I know that 2022 is a bear market?
1 - The time of the Bull market
The bull market doesn't last forever and one year and a half is already a long time.
2 - The gains everyone had
The market can't go up when a lot of people have big gains and are always selling when BTC goes up.
3 - The technical analysis I've done on BTC
BTC broke every EMA support on the daily chart and it break the Weekly super trend and EMA56 (even when BTC was at 30k last summer it did not break those major supports).
4 - The BTC dominance is starting to go up
When this happens is because the money is going from the altcoins to BTC because everyone knows BTC does not lose too much value.
Want to learn what to do in a Bear Market? Read my Other Article : https://www.publish0x.com/crypto405/crypto-this-is-how-to-invest-during-a-bear-market-with-cro-xoonkjm
For more content like this tip me if you can! thank u :)
