The crypto market seems to be waiting for the bottom of the bitcoin price as the basic benchmark for Altcoin market conditions. There are many predictions that the price of bitcoin will decrease more by -80% in 2022, and it is estimated that the price of bitcoin will be at the price level of $15k. If the price bottom goes on, it is likely that there will be large purchases of Bitcoin and Altcoins later, because many are waiting for bitcoin to be at that level.
Regarding the possible or impossible it has become commonplace to say what prediction is. Given the meaning of predictions that are basically based on probability. But it's not just a possibility because all of that is obtained from various analytical calculations that are created to avoid losing a lot or getting big profits of course.
Crypto bottoms are a common occurrence from the annual analysis that occurs in the market. Talking about causes cannot be separated from various conditions that affect global economic markets as usual.
Apart from the existence of Crypto Bottom, hope and worry also apply, of course. Because the problem is when the momentum happens and whether it can be avoided. Happened and avoided, troubling and confusing many parties in the end furthermore those involved in it. Market play is only a few of the many market events that normally take place. Volatile is the lure of crypto existence to be able to attract and keep people from getting involved in it.
Contradictions are created, and steps must be taken to be successful in the crypto sphere.
Crypto bottom is also sometimes referred to as a period where crypto crashes so badly that it becomes a term known as a crypto crash. Like a wheel of life that runs, sometimes it's up and sometimes it's down. But concerning the time no one can determine with certainty when his arrival. The most important thing is still rotating on its axis.
The question in 2022 is whether the crypto bottom will happen this year or next year considering the global economic conditions that show problems that will continue until 2023 in the future. If it's not this year, then maybe next year there is a little more to take a breath, even if it's only a little before the Bullrun period after 2024 halving later. If it doesn't happen, it means that the time to wait and take a breath will be longer and the waiting time will also take a long step in the long term in 2025 after the halving in 2024 come to pass.
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Resource: https://www.publish0x.com/alther/crypto-bottoms-xzgypxd