💸 When should we expect growth in altcoins?🔥🔥🔥
Hi everyone. I know many of you are curious about this topic. Recently, I've been discussing the market decline a lot, but today I want to focus on something more positive - growth.
📑 I'll use one of the most popular altcoins, #ArbitrumARB (ARB), to illustrate my perspective.
In the $1.7-2.2 price range, many people bought in. Few were actively purchasing at $1 late last year.
🔎 Those who bought at $1.7-2.2 are now experiencing a ~50% drawdown. Importantly, many are willing to endure this because they anticipate future growth.
But what happens if their drawdown reaches -80%? Their fear will significantly increase, and I believe 70% will sell at a loss. That’s when growth will occur.
"Assets grow when few people hold them."
❕ Bottom line: regarding $ARB, I expect a rise from $0.7. This is where people will start selling out of fear 🔥
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$ARB #ArbitrumPrediction #ArbitrumUpdate #arbusdt #realmabbaskhan