The crypto money industry has started to signal that it has left the general bullish period of 2021 behind as soon as it enters 2022.
Especially recently, after the record of $ 69,000 in November $41,000 withdrawn to the level and seeing $ 40,000 on some exchanges Bitcoin (BTC), however, it may not be in such a bad condition.
$2 Trillion, Buying Opportunity?
In fact, although many analysts expect a decrease to $ 37,000, it is known that investors are waiting for $ 100,000 in the medium term.
Co-founder and CEO of Three Arrows Capital Water Zhu He also made a very suggestive statement on the subject. Su Zhu hinted at the fall in his post published today.
Zhu stated that it is a very good strategy to sell when the total value of the cryptocurrency market reaches $3 trillion, and then to buy when it drops to $2 trillion.
Sell at crypto mcap 3T and rebuy 2T would’ve been the most elegant strategy actually
— Zhu Su 🔺 (@zhusu) January 8, 2022
The cryptocurrency market has recently pulled to the bottom of its $2 trillion market cap.
The slight jump yesterday brought the total value of the crypto money market to $ 2.1 trillion. As Bitcoin is currently struggling to stay above the $42,000 resistance, Zhu’s statement is actually quite critical.
Three Arrows Capitalco-founder of Kyle Davies In his statement yesterday, he had sent a suggestive tweet that Bitcoin would rise.
The tweets of two important and billionaire names that BTC is now bottoming and going up, indicate that this can be seen soon.