Preparing for the Cryptocurrency Market Collapse

Get ready for the Recession!

BTC never experienced anything close to this. EVER.

I’m expecting to see the crypto market collapsing 40-60% from the current levels. The next leg down just begun. Here’s why:

Yield Curve (1-10yr) is inverting. A recession often follows 6-12 months later.

Even if inflation drops, interest rates are still very high. After inflation peaks we had big drops.

BTC performs poorly during past tapering and quantitative tightening environments.

Furthermore....

- DXY on support. - BTC Dominance near the lows. - Liquidity severely down across alts. - Sentiment still bullish due to reversal expectation.

The upside is highly limited.

If you wish to know more about crypto's future, follow me @ToniGhinea and subscribe to the Discord group.

Toni Ghinea | creating Crypto & Trading | Patreon

This post is based on this twitter thread.