I think that the crypto market is looking awfully bearish. Imo recession is imminent and macroeconomics and financial indicators shows that. After a period of hyperinflation and excessive growth, the United States Fed is aggressively using quantitative tightening . Due to the delay and hastiness in their policies, a hard landing is inevitable; this means that the economy will be forced into a recessionary period.
I think because of that Bitcoin and other cryptos are bound to crash about -35-40% along with various other stocks.
Reminder: I'm not a financial adviser!
Image Source- Coinmarketcap.com
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