• Crypto markets have held relatively steady recently as Bitcoin moves between $16k to $18k, prompting whales to stock up on select coins in anticipation for a coming bullish surge.
• According to Blockware Solutions’ 2023 Market Forecast, the US recessionary signal may coincide with extreme drawdowns to the equity indexes, likely bottoming when the Fed halts its increases to the Fed Funds Rate.
• Smart investors are aware of the importance of investing in good projects while they’re still discounted in their presales, and utilizing sound risk management strategies with assets already on the market to make the most of the possible market recovery in 2023.
The crypto market has been surprisingly stable lately, as Bitcoin fluctuates between $16,000 and $18,000. This stability has given whales and smart investors the opportunity to analyze the market and invest in select coins in anticipation of a coming bullish surge. This prediction is supported by Blockware Solutions’ 2023 Market Forecast, which predicts that the US economy will remain in a declining PMI environment, leading to extreme lows in the equity indexes. The report also suggests that the Fed will eventually halt its increases to the Fed Funds Rate, which may coincide with the markets bottom and usher in higher prices for assets and securities.
These predictions have given savvy investors the incentive to begin investing in good projects while they’re still discounted in their presales before they hit the market. Additionally, those already invested in the market should consider sound risk management strategies to make the most of the potential market recovery in 2023. For example, creating a diversified portfolio of both high-risk and low-risk assets, as well as investing in coins with strong fundamentals and staying up-to-date on the latest news and developments in the crypto space.
In conclusion, the crypto market has held steady recently, giving smart investors the chance to observe and prepare for a possible market recovery in 2023. By investing in good projects during their presales and utilizing sound risk management strategies, investors can make the most of the coming bullish surge.