Crypto Has Disappointed Us... Cut Losses?
No Bs Crypto
Market Analysis and Predictions
The speaker discusses the current state of the cryptocurrency market, addressing concerns about a potential top and the need to cut losses. They argue that, based on historical patterns and indicators, the market is not yet at its top.
Key Points
- The CBBI indicator, which aggregates top indicators, has a score of 78, suggesting that the market is not yet at its top.
- The speaker believes that the current correction is part of the normal market cycle and that the market will continue to be bullish.
- Historical patterns, such as the four-year halving cycle, suggest that the market will experience a blow-off top in the winter of the coming year.
Market Cycle Analysis
The speaker analyzes the market cycle, breaking it down into four quarters:
- Quarter 1: The start of the green zone, which is the most bullish part of the cycle.
- Quarter 2-3: A potential drop, followed by a mid-cycle pump and correction.
- Quarter 4: The most bullish part of the cycle, with a potential blow-off top in the winter.
Examples and Comparisons
The speaker provides examples from previous market cycles, comparing them to the current cycle. They note that while the patterns are not exact, they are similar, with drops and pumps occurring at similar times in the cycle.
Conclusion
The speaker concludes that, based on historical patterns and indicators, the market is not yet at its top and will continue to be bullish. They encourage listeners to take this information into account and make informed decisions about their investments.