When will Crypto Markets Bottom Out?

When will Crypto Markets Bottom Out?

The crypto markets have crashed hard, there’s much panic among the investors, and many people are seeing their first bear market.

BTC price is down to $20,100 at the time of writing from an ATH (All-time high) of $69,000 in November 2021. As a whole, the crypto market has lost $2.1 trillion in market capitalization.

A lot of FUD (Fear, Uncertainty, and Doubt) prevails among the investors, but is it something to panic about? Let’s find out.

Let’s look at the history of Bitcoin since 2008. In this case, we have been continuously following a trend where the bull markets last for 2 years, and then a 2-year bear market follows.

The Crypto market saw the first bull run cycle from 2012- 2014, then a bear cycle from 2014-2016, followed by a bull run from 2016-2018, again a bear run from 2018-2020. The recent bull run started in 2020 when the global markets fell due to the Covid-19 pandemic. As per history, in 2022, a bear market was bound to happen, so it is nothing to worry about.

Apart from the crypto markets, if you look at all the major global indices like S&P 500, Nasdaq, DowJones, etc., are also in a bearish trend.

The crashes are happening because of the macro-economic situations; the inflation is at an all-time high, interest rates are rising, and war, etc., are causing these crashes.

Now you know the reasons for this crash in the markets, but you must have this question:

When could we hit a potential reversal?

There is no straight answer to this question as no one can predict the exact bottom. Still, we can get an idea from history because even if history doesn’t repeat itself, it forms a pattern.

If we look at the market, they have been falling for the last 6 months, and as per history, markets can not keep falling for an infinite period; there has to be a bounce.

Based on the technical analysis, BTC has historically taken support at the 200 Moving Average, which is also happening this time. The markets have taken support at the 200MA, which historically has been the starting point of bull markets.

There’s also the concept of Bitcoin Halving to consider.

Bitcoin halving puts a cap on the supply of new coins by halving the mining rewards. Due to this, if there is a considerable demand, the price will rise. Bitcoin halving has led to a bull run since its inception.

The first Bitcoin halving happened on November 28, 2012, followed by the second on July 9, 2016, and the most recent on May 11, 2020. The next one will happen in early 2024.

And as we had already discussed, the price of BTC tends to rise after halving because the supply is cut by half, and the strong demand pushes up the price. 

Experts and big institutions also expect a bull run in 2024 after bitcoin halving. In the short run, we can expect a possible reversal soon as the macro-economic situation improves.

Should you panic sell and leave the markets?

Many of you might be facing the bear markets for the first time, and it is hard to see your portfolio going down daily.

But it would be best if you remembered that this is the time when the opportunity lies.

You are getting every strong coin at a discounted rate. Even if you see historically, bear markets are not new; people always spread rumors like crypto is dead, but that is not real.

You should keep investing and try a long-term strategy as it will give you the maximum benefit.

Also, this might be the last bear market of crypto that is unregulated because countries across the globe are planning to make regulations and taxation on cryptos.

Bear markets are a golden chance to accumulate cryptocurrencies and give yourself a better future.

If you are confused about what to do, you can read our article, where we discussed how to grow your portfolio in bear markets.

Bonus tip: You can use staking and farming to hedge your risks in this bear market. Roseon app has launched staking and farming facilities where you could stake your cryptos and get rewarded.

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Hydraverse is a dragon racing PVP metaverse that we have supported since 2021. To showcase our successful partnership, we are launching a rewards campaign with $9,000 in HDV to be given away!

 

STAKE AND DRAW

Roseon App’s staking with a twist of luck! Subscribe your $HDV and get a chance to win from our lucky draw! A total of $2,500 to be given away!

  • Subscription Period: 7 days (From June 24th 09:00 UTC to July 2nd 00:00 UTC)
  • Users can stake their tokens from the start of the subscription period. No staking or mining rewards will be generated during this period.
  • Locking Period: 30 days (From July 2nd 00:00 UTC to August 1st 00:00 UTC)
  • During the locking period, the staked assets will be locked for the duration of the term and committed, and no staked rewards will be redeemable in advance prior to the end date of the locking period.

STAKE AND DRAW

Roseon App’s staking with a twist of ✨! Subscribe your $CHMB to earn reward and get a chance to win more from our lucky draw! A total of $5,000 to be given away!

  • Subscription Period: 7 days (From June 18th 09:00 UTC to June 26th 00:00 UTC)
  • Users can stake their tokens from the start of the subscription period. No staking or mining rewards will be generated during this period.
  • Locking Period: 30 days (From June 26th 00:00 UTC to July 26th 00:00 UTC)
  • During the locking period, the staked assets will be locked for the duration of the term and committed, and no staked rewards will be redeemable in advance prior to the end date of the locking period.

$HDV FARM

Strengthen your dragons with earned $HDV from farms and use the bonus Roses on the Roseon App’s mini-games.

  • Deposit $HDV
  • Earn $HDV and Rose Point
  • Start Date: June 24th, 09:00 UTC
  • End Date: September 22nd, 09:00 UTC
  • Higher flexible rewards

$ROSN FARM

Secure your VIP levels and benefits by subscribing your $ROSN to farm $HDV.

  • Deposit: $ROSN
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  • Start Date: June 24th, 09:00 UTC
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  • Higher flexible rewards
  • Users can unstake and harvest anytime

How to Deposit, Stake and Farm

DOWNLOAD ROSEON WONDERAPP

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ABOUT HYDRAVERSE

Hydraverse is a PVP dragon racing metaverse with play-to-earn features. Users can earn using their 3D NFT dragons. The project aims to build an inclusive ecosystem to become one of the leaders of the P2E industry.

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ABOUT ROSEON WORLD

Roseon World is the entire ecosystem covering Roseon’s developments in simplifying our users’ crypto journey. Our one-stop solution to all crypto needs is accessible via mobile or web (WonderApp), and soon, with our very own metaverse (WonderLand). Our intuitive but user-friendly UI eases the adoption of newcomers to our ecosystem.

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Learn more about us: Website | Twitter | Whitepaper | Telegram | Discord | Facebook

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SPIN2WIN

Log-in daily, accomplish tasks or play our mini-games to earn Rose Points. Get the chance to win $EMT by using our Spin2Win. More than $1,700 EMT is available for our users to accumulate!

LOCKED STAKING

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LP FARM

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  • Deposit: EMT- BNB LP (Token contract address: 0xDDB2D8329855FEd990C62917Ef791b32F22eF3e2)
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  • Estimated 60.80% APR
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How to join LP Staking Pool

$ROSN FARM

Secure your VIP levels and benefits by subscribing your $ROSN to farm $EMT

  • Deposit: $ROSN
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  • Start Date: June 22nd, 2022 09:00 UTC
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  • Higher flexible rewards
  • Users can unstake and harvest anytime

How to Deposit, Stake and Farm

DOWNLOAD ROSEON WONDERAPP

Google Play: https://play.google.com/store/apps/details?id=roseon.finance

App Store: https://apps.apple.com/vn/app/roseon-finance/id1559440997

Web app: https://app.roseon.finance/

 

ABOUT ELF MATRIX

Elf Matrix is a BSC and Polygon play-to-earn metaverse. Dive into the Matrix, a mysterious ancient planet that serves as the natural habitat of cute elves. Summon, train, breed and battle your elves for various rewards. Create your own kingdom and collect them all!

Website | Twitter | Telegram | Discord

 

ABOUT ROSEON WORLD

Roseon World is the entire ecosystem covering Roseon’s developments in simplifying our users’ crypto journey. Our one-stop solution to all crypto needs is accessible via mobile or web (WonderApp), and soon, with our very own metaverse (WonderLand). Our intuitive but user-friendly UI eases the adoption of newcomers to our ecosystem.

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Chumbi Valley, an enchanting play-to-earn RPG blockchain game, is one of our first partners when we expanded our roadmap to include GameFi. This June, we partnered with them again to provide our users with $78,000+ rewards.

 

SPIN2WIN

Log-in daily, accomplish tasks or play our mini-games to earn Rose Points. Unlock $CHMB by using our Spin2Win. A total of $1,000 CHMB is available for our users to accumulate!

STAKE AND DRAW

Roseon App’s staking with a twist of ✨! Subscribe your $CHMB to earn reward and get a chance to win more from our lucky draw! A total of $5,000 to be given away!

  • Subscription Period: 7 days (From June 18th 09:00 UTC to June 26th 00:00 UTC)
  • Users can stake their tokens from the start of the subscription period. No staking or mining rewards will be generated during this period.
  • Locking Period: 30 days (From June 26th 00:00 UTC to July 26th 00:00 UTC)
  • During the locking period, the staked assets will be locked for the duration of the term and committed, and no staked rewards will be redeemable in advance prior to the end date of the locking period.

LOCKED STAKING

Protect your assets during the bear market and earn passively with our $CHMB locked staking.

  • Locking period: 90 days
  • Fixed APR: 100%

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$ROSN FARMS

Take advantage of this partnership and secure your VIP levels by subscribing to your $ROSN to farm $CHMB.

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DOWNLOAD ROSEON WONDERAPP

Google Play: https://play.google.com/store/apps/details?id=roseon.finance

App Store: https://apps.apple.com/vn/app/roseon-finance/id1559440997

Web app: https://app.roseon.finance/

 

ABOUT CHUMBI VALLEY

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ABOUT ROSEON WORLD

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About Roseon World

Roseon World is the entire ecosystem covering our efforts to simplify our users’ crypto journey. Our one-stop solution to your crypto needs is accessible via mobile or web – and soon, via our very own metaverse (WonderLand). Our intuitive and user-friendly UI eases the adoption of newcomers to our ecosystem.

Website | Twitter | Whitepaper | Telegram | Discord | Facebook

 

Learn more about us: Website | Twitter | Whitepaper | Telegram | Discord | Facebook

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