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Krissy
@azureray
How many more Panic Sales are ahead of us? This summer, the crypto market has experienced a lot of emotional sales against the background of various kinds of negativity. But despite this, no matter who says it, bitcoin is really holding up well. But what's next and should we expect more tests for the market? Perhaps the last stage before takeoff for the survivors will be the pre-election weakness of risky assets. This pattern was repeated every year when elections took place. The weakness of stocks, which can lead to a weak cue ball and violas. It seems to me that if there is another sale against the background of this pattern, where the cue ball will behave perhaps even more strongly than the fund, then this divergence will need to be used for "mega-risk" in the 4th quarter of this year. At the end of 2023, we have already seen a situation where the cue ball reached the bottom, and after that it had the fastest run up among all risky assets.
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