Everywhere I look I see FUD, short-term FUD, and Mid-Term FUD.
The only thing still safe for long-term crypto holders seems the long-time perspective.
While some of us might hope that the turning point would be in early 2023, that hope seems to be fading fast.Β
If you thought that the alts had bottomed, no way.
If the cycle reset is now, that means BTC dominance will grow and be there for the next 4 months. That Great Reset will ensure that any negative news will hit those altcoins the hardest, and it sounds hard to believe but they can still drop by a lot.
XRP seemed to be winning but the LBRY case has shown that winning might be impossible and that settling is the best option XRP has left. But will the SEC settle or are they out to kill crypto?
Binance, if it goes down it will do so in the next 6 weeks and that fallout is going to be the bomb.Β I do not expect Binance to fall, but if we will see prices nobody expected.
The FED will remain hawkish till Q3 of 2023 for sure. That will be fun having another 6 months of FED Fud.
Recession and interest will draw down the capital that can be invested, hence:
No capital, no investments, and therefore no rallies.
Happy New Year you all, 2023 is gonna be no Blast
Β
Signed,
π―π½π π΅πΆπ·π ππ» ππππ
Β
