🫠 opinions 🫠
After observing the market these days and especially bitcoin, my mind has been filled with questions and uncertainties.
Trying to understand, to answer those concerns, I came to many conclusions, first of all I am only sharing my opinion plus there is an analysis or investigation, it is my experience and perception of market events.
I think that the crypto market will continue to fall, especially cryptocurrencies that have dominance or influence of bitcoin, I was analyzing all the historical records of bitcoin, its historical maximum and its historical minimum, comparing the graphs and plots of the market, and came to the conclusion that bitcoin is going to continue falling perhaps until 40,000.
Obviously it is alarming for many, no matter how optimistic we are, cryptocurrencies follow the naturalness of human impulse.
Now what's next
We have to wait and see how the market evolves but for me these months since December last year where btc rose from 40,000 to 75,000 means understanding that it can also go down to large amounts.
How long can we wait?
For the optimists, they say that BTC should rise more and believe more, and they are not wrong, most analyzes and research predict an increase in the price of BTC.
but that takes time.
The historical supply is being exhausted to date, the current and circulating supply is 19.70 and its maximum supply is 21, which means that bitcoin can no longer be mined, this may represent an opportunity perhaps but the future may surprise us even more .
Without further ado, I wish you all luck and blessings, may the struggle to improve ourselves bring us great profits.
