All markets go through expansion phases and correction phases. As hard as it may be to believe, Bitcoin and the entire crypto space will also face their macro correction at some point.
That doesn’t mean it’s going to crash into oblivion or that it’s all a scam — not at all. What I believe is that when that major correction hits, it will open the door to real buying opportunities.
And maybe, in 10 or 15 years, once the bear cycle has fully played out, Bitcoin will be ready to climb to 200k, 400k, 600k — or wherever the next cycle takes us.
That doesn’t mean it’s going to crash into oblivion or that it’s all a scam — not at all. What I believe is that when that major correction hits, it will open the door to real buying opportunities.
And maybe, in 10 or 15 years, once the bear cycle has fully played out, Bitcoin will be ready to climb to 200k, 400k, 600k — or wherever the next cycle takes us.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.