The worst has already happened. Downside is limited but the upside is going to be crazzyy.
If I say statistically; we've gone through 70% of the bear market.
Still, max one more low for $BTC can happen whether it is sub-50Ks or sub-40Ks but when you look at the upside potential, there's not much difference in buying now.
To be honest, you can't catch pico bottom. So starting to DCA here will yield nice gains in the months to come.
After all, the power belongs to bulls and bull market is where market maker, manipulators and big players make money. Bear markets are difficult for everyone!
Hope that makes sense. Keep pressing the green button, wishing you crazy growth for the next mega bull runn. 💪🏆
Jerome Powell's tenure as Chair ends May 15. He's stepping down from the top job but staying on as a Governor for now (to keep a low profile amid the transition).
Next up: Kevin Warsh, Trump's nominee, is advancing fast — Senate Banking Committee just backed him. Expect a new era of Fed leadership soon.
As far as crypto's reaction is considered about this transition, I expect weeks of sideways till the breakout towards 100K happens.