This year may just be the perfect time to buy Bitcoin (BTC)…
In a Twitter (TWTR) thread, CryptoQuant contributor Venturefounder said 2022 is a year of capitulation for Bitcoin, as broader crypto volatility is fueling a selloff in the digital asset.
This means Bitcoin may soon hit its “cycle bottom,” with Venturefounder forecasting it could potentially dip down to anywhere from $14,000 to $20,000.
However, based on historical context, the digital coin is poised to surge back up to $40,000 before its next bottom.
That’s because back in late 2018 and early 2019, Bitcoin’s value climbed from $3,100 to $13,800 before falling back down to $3,600 in March 2020.
Now that its value has climbed significantly higher, the contributor noted current conditions are similar to previous cycles and volatility.
But given Bitcoin’s meteoric rise over the past two years, the low point will remain much higher – suggesting that while Bitcoin’s value may rise and fall, it’s continuously trending upward.
So, while the digital asset is expected to continue to see volatility, this year’s pullback may be one of the best opportunities to invest in Bitcoin before its value steadily grows.
Buy This $0.21 CENT Crypto for a Crypto Rebound
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After losing ground early this year, the crypto markets are heating up fast… recently surging past $2 TRILLION in total market cap.
That’s over $25 billion added over just the past few months… despite rapidly rising inflation and the ongoing conflict in Europe.
Is this the beginning of a massive bull run for cryptocurrencies?
Many crypto enthusiasts are saying “Yes.”
In fact, analysts like Michael Saylor, Raoul Paul and Cathie Wood are predicting that the crypto market could 10x from current levels.
Even more specifically…
Legendary crypto expert Charlie Shrem is touting that June 22nd is a date everyone should mark on their calendars and pay close attention to.
You can discover the importance of June 22nd by following this link…
In short, a hidden market event could begin pushing specific crypto projects to new all-time highs.
Charlie is so confident, in fact, he’s urging folks to grab shares of a little-known crypto that currently trades for just $0.21 right now.
He believes it could easily become a TOP FIVE Coin… and ultimately become the big winner of 2022.
It’s the kind of opportunity with the potential to turn a few hundred dollars… into thousands or even tens of thousands.
If you’ve been following Charlies work over the past few years, you know he has an incredible track record targeting newly listed crypto’s.
He first discovered Bitcoin at $5… Ethereum at $109… and many others.
Point being…
When Charlie pounds the table on a new penny crypto opportunity… it’s probably in your best interest to pay close attention.
You can find Charlie’s full write-up on the situation by clicking here.
Keep in mind… this $0.21 cent crypto has the potential to surge in value rather quickly.
Again, if you’re looking to “cash in” on today’s crypto reconver, you should check out his quick presentation NOW… Before June 22nd.