Now that bear market is coming to end, this was actually best bear market BTC has ever had. Every time we went AT LEAST 82-85%+ down, in this cycle we were down around 77%.
Considering in prior cycles we had low inflation, 0% FED interest rate, QE money printing and we still went down 80%+ and now when its completely opposite as rates are almost 5%,QT fed stopped printing money,on verge of recession and inflation is still high its safe to say BTC did much better than expected.
Even after FTX collapse we went down only 2k which means there are practically no sellers at that range.
Congratz to all who bought at 15k bottom.BTC will never again gonna go below that.
Submitted February 02, 2023 at 02:27PM by neda6117 https://bit.ly/3XZ0bxe
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