I mean for the bear market that's incoming or has already began. I no mean corrections matta.
Omo! with the way things dey now, e be like we go enter the Bear market sooner than earlier anticipated because now too many negative things don dey now wey fit keep the market down for good for a long time. some of them include:
- Omnicron - Covid-19 new varient
- US Fed Inflation
I remember how covid-19 tank the market back in March 2020 and we fit see another similar effect if Omnicron come dey too serious since global trades among countries go stop and people go start withdrawing their assets if another stay-at-home go commence. But I just no dey too convinced say we don enter full-fledged bear market. I dey personally expect bitcoin to reach the optimistic target in early 2022. not this year again because people go most likely withdraw their assets and not make new investments. I personally know some of my friends wey don hedge to USDT and end all and any investment for this year until next year.
None of us knows how the new variant disease is gonna affect the price of bitcoin and the world's economy. I only pray for it not to be terrible as the last year covid19 pandemic.
