Crypto hit its all-time highs in mid-November. Since then it has been a slow steady grind downward. While it's impossible to know when the crypto bottom will be in, I believe a bottom will occur. Once it does occur, likely crypto will begin its march upward again and eventually reach and exceed the previous highs.
Also, a 50% decline requires a 100% increase to fully recover.
If you believe the above, then contemplate the following;
Crypto coins - BTCUSD down ~61% x2= 122% gain possible ETHUSD down ~54% x2= 108% gain possible
Crypto Grayscale ETF's - GBTC down ~74% x2= 148% gain possible ETHE down ~74% x2= 148% gain possible
Bitcoin Miner stocks - ANY down ~175% x2= 350% gain possible ARBKF down ~100% x2= 200% gain possible BITF down ~100% x2= 200% gain possible CLSK down ~175% x2= 350% gain possible HUT down ~128% x2= 256% gain possible HIVE down ~128% x2= 256% gain possible MARA down ~166% x2= 332% gain possible RIOT down ~120% x2= 240% gain possible
GLTY
My posts are my opinion. Always trade at your own risk.
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