Toni Ghinea
Toni Ghinea 1 minutes reading from Bitcoin

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.

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