I expect this crypto bear market to be worse in some respects than previous bear markets but yet better in other ways because of DeFi and other additional opportunities. Being in a recession with food and energy prices through the roof will weigh heavy on crypto because people will be tapped out and won't be able to allocate money to crypto when they are spending so much on food, housing, and fuel.
Bitcoin and Ethereum are looking very weak to me and with things like the inflation bomb on the horizon for Ethereum I believe we will see some some very enticing prices in the next few months. I'm already licking my chops at some of the prices but I know to be somewhat patient on some of the purchases. I know we will have another year plus for the bear market which will be brutal and will make a lot of people have a feeling of regret.
#crypto #cryptocurrency #bitcoin #litecoin #dogecoin #ethereum #cardano #tron
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