What do you think about the Cryptocurrency market? Risky but also full of opportunities to change positions, right?
What is your view on the direction of the market in late 2023 and 2024?
As for my personal opinion, I see the market cycle as being like 4 seasons in a year.
If you consider 2021 as spring, the growth season, the air is fresh, the market suddenly increases, attracting many investors to jump into the market. Then in 2022, summer begins to come, hot, muggy, the market is all red, the color of decline 🥵.
In 2023, autumn leaves change, the air will be more pleasant, but I think this is also the key point. Many people think that this is the time of the uptrend, plus projects are hyped x20 x100 times the account, attracting a large number of new people, new money flowing into the market. But is it really an uptrend when the world economy is in recession, war still exists and is currently at risk of escalation? There is no denying that you will make a lot of money in 2023, congratulations if you can change your position. But everyone needs to be especially careful, don't be fomo, don't be greedy because as I said, 2023 is likened to autumn to me, the season of changing leaves and recovery. There are still traps lurking under that pile of fallen leaves
As for 2024, a year full of unknowns. We have events worth looking forward to, BTC ETF, BTC halving... but will it make the market go up or will it be a cold winter, the season of the Bear?
I hope 2024 will not be a winter but a year filled with spring and freshness, everyone will happily reap profits and change their positions.
