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MARKET MOVEMENT Q2 2022 has been one of the worst quarters i | Crypto Trading BlackBull®

MARKET MOVEMENT

Q2 2022 has been one of the worst quarters in crypto history, seeing the lowest numbers we’ve seen in over a decade overall. While Centralized Exchanges have been the “best” performers with an overall return of -28%, DeFi tokens have been the absolute worst performers with an average drop of -70% over the last 3 months.

What does this mean in the mid term for BTC, ETH and larger market cap alts?

BTC and ETH have also seen very violent drops in Q2 of 60% and 65% respectively, which other than being record numbers, likely mean we’re reaching our macro bottom and we can easily expect to see a mid term rally over the next 2 quarters, which will likely get us a very bullish yearly close.
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