Peace of mind in the crypto market, fear or excitement?

Greetings to all crypto market readers, especially to those who make life in the great community of #LeoFinance, in this opportunity I want to share with you material regarding the crypto market, this is mainly referred to the tranquility that is seen in the market and the small recovery that has been seen this last weekend, this being a situation that we do not know whether to fear or get excited by the surprises that the market generates.

A few days ago, in one of the posts I shared in the community, I mentioned to you about the momentary stability that the crypto market reached, and I meant momentary since we are seeing the days of the most continuous and strongest drops in the market, so it was difficult to predict the price action in the near future, this situation of stability we really do not know what to expect from it, if it can be good or bad.

This last week, the market showed good signs of confirming that stability, this was reflected in the percentage amount of the rise in all the coins in the cryptomarket, this situation has excited many people, as it is believed that the price can generate a new accumulation zone and not reach the 10k that the market is expected, but to my perspective the reality that we face is another, very different from what most people think.

If we look at the BTC market, we can see that the trend and strength of the market is still bearish, despite this slight recovery, I think the market will reach 22k in terms of the value of BTC being who rules the market, and from there it will have a setback again, so its range can be maintained between 22k and 16k in terms of the market value of BTC we refer, why think that the market can go down more and not recover?

The BTC cycle is not yet complete and apparently the US economic recession is already inevitable, interest rates have increased even more and only the July 15th report is missing to know what will be the reality that the market will face in the rest of the year practically, for these reasons I consider that the situation is still worrying, and that the downtrend will continue for a while more.