Lark Davis just told people that they should take advantage of this opportunity and buy this dip already. Check out his post on social media.
Where are all of the people who were crying they missed out on #bitcoin at $69,000?
Well, the market is giving you a chance again!
Harsh truth is most will be too scared to buy until we are back at new all time highs…
— Lark Davis (@TheCryptoLark) January 23, 2022
Someone said: “Succeeding in any kind of investment takes foresight, bravery, and patience. Succeeding in crypto investments takes all of the above, plus “just enough” technical knowledge. It’s crucial to DYOR and know what you hold. If you don’t, you won’t understand it’s true value.”
As you probably know by now, the crypto market suffered a lot of corrections, and now we are in the middle of another one.
At the moment of writing this article, BTC is trading in the red, and the king coin is priced at $35,209.
Bitcoin trajectory for 2022
The crypto trader who accurately predicted Bitcoin’s lowest point during the 2018 bear market believes that BTC will record new all-time highs this year despite the multiple price corrections that the coin saw lately.
Pseudonymous crypto analyst Smart Contracter said that he thinks Bitcoin will print a new 52-week low in the coming weeks before rallying above $100,000 by the end of the year.
“Back in December, this post was mostly tongue in cheek but was still always at the back of my mind. Now it seems more the realm of possibility. The point being: there is a really large range that BTC can still fall and remain macro bullish on a long enough timeline. SURVIVE.”
As the online publication the Daily Hodl notes, the crypto strategist sees Bitcoin following the market structure of the Dow Jones Industrial Average (DJIA) between 1998 and 2012.