Greetings to all the readers of this great platform, especially to those who make life in the great community of #ProjectHOPE, in the present opportunity I want to talk a little about the moment of the market, the expectations of it, if it is time to be positive in front of what may happen in the next week or months in the crypto market, with which we can expect many things for the economy of the crypto market in general as well as its recovery in this 2023.
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It is already a fact that the changes in the crypto market are having some effect, we have started to observe how the market wants to stabilize in a zone where it is currently taking into consideration the respective movements it is making, as it is consolidating the accumulation zone, where apparently in 2 more movements it can confirm a zone and the possible change of trend in the market for the coming months.
This situation has been emphasized a little more when we see that the market has ceased to have a high volatility as it had been having, with which we can perceive that sellers are in a position of fatigue or shelter, where they no longer sell massively whales knowing that there are others who are in constant purchases and with the possibility that the market continues to recover quickly, selling and being out of the game is not the most viable way.
This situation has led to think a little differently with respect to what is taking the crypto market, to observe and understand a little more that cycle has to come to an end, since the market can not go down forever or up forever and the days of the bear market compared to previous cycles must have already ended by the number of days that the bear market occurred, under this perspective still can not predict a market that will recover soon but the possibility is perceived.
On the other hand, it is possible that the market surprises the market as has always been the custom of the same, and generate a new fall near the 20k 0 18k in search of a final push to start its bullish run, completely liquidating all stop losses, but the reality is unknown because it is an uncertain market and depends entirely on the amount of purchases and sales that are made in the market with respect to the behavior of BTC, but everything points to be a 2023 of successes.
@tipu curate
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Upvoted 👌 (Mana: 3/4) Get profit votes with @tipU :)
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Certainly it is an uncertain market, I also consider that there is a stage of protection, no one wants to risk too much, perhaps waiting for a new bullish run.
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