More and more smart people are seeing a prolonged crypto bear market that may last a year.
Bitcoin estimates as low as $10K (yes really).
Ethereum estimates as low as $200.
These are just the absolute bottom prices that could happen, that doesn't mean they get that low.
There's a good chance we don't ever drop below $20K too.


Bear market could last 1 day more to 1 year or so till we see a bottom finally. It's very hard to predict since we are in uncharted waters.

I recommend watching this entire thing.

I've already sold a bunch of crypto that's been down since we likely will go down much much lower.

The best coins to hold now may be USDC and DAI stablecoins. I hate to admit to all this but the market has been destroyed by whales. They gave everyone targets of Bitcoin to $100K and Bitcoin to $500K and clipped everyone at $64K without a blowoff top to mess everyone up, meaning every indicator to find a top wasn't there so almost everyone missed this, including myself.

The ultra rich want the market to "reset" to June/July 2020 levels so they can buy in THEN they will allow the market to rally. My point is hold cash and if you want to get rich you have a major chance if all this plays out. The real bull market might be in 2022.

I'm not selling off a large portion of my crypto in case I'm wrong and we get a White Swan event to turn things around (like a Bitcoin ETF). Other than that the market is completely screwed.

The way the market works with crypto is completely different now that Wall Street and these soulless Whales are messing with the markets. Every historical indicator and chart is invalidated essentially. The movement of Bitcoin is now 99.9% of the mercy of Bitcoin whales. Technical analysis is broken. The good thing is this will diminish the influence of Bitcoin over the market over time since people will get sick of Bitcoin shitting the bed and destroying every wonderful altcoin project around it.

The Big Lesson: Only buy crypto at the bottom of a bear market if you can, never when its clearly going up past all time highs.

This is a Bear Market.