George Galoyan, CEO at DAO.vc, predicts summer Bitcoin fal | DAO.vc — Announcements
George Galoyan, CEO at DAO.vc, predicts summer Bitcoin fall down to $20K as early as the beginning of the year!
As early as January 2022, a constant speaker at profile events, a famous crypto expert and analyst, a head of the Armenia Blockchain association startup enterprise and founder of DAO.vc George Galoyan accurately predicted the fall of the Bitcoin price.
“In January I repeatedly said that in summer the BTC would reach $20,000 or even lower. Then everyone was speculating about the math and patterns… Bitcoin was at $40,000-50,000 at the time, and my opinion was considered one of the least popular”.
What do we see now? Mid-summer — Bitcoin has reached the mark of $22 000. Now more than 50 various mass media picked up George Galoyan’s words.
Among the first to quote his prediction: Crypto Consulting, Global News, Excite Co, Goo Blog, SEA Tribune, Indonesia Newswire, Indonesia News Zone, Indonesia Folk, Daily Berita, Berita Live, Southeast Asia Business, Tat Thai, TH Newswire, Bangkokok, TH Newson, SEA News Desk, Financial Tin Tuc, Window of Vietnam, Press VN, VN Wired, Hanoi News, SEA News Wire, Press Malaysia, Malaysian Buzz, Kuala Lumpur Week, Linking Malaysia, Kuala Lumpur Press, Seachronicle, Lion City Life, Sin Chew Business, Singapura Now, Singdao PR, Singdao Times, Philippine Financial News, Manila PR, Philippines Business News, Philippines Tune, Asia Excite, Buzz Hong Kong, Crunch Hong Kong, Ticker House, Europa Einer, Firmen Gate, Business Nachrichten, Nach Media, Deutschen Me, De Presse Now, Firmenpresse, Business Press 24, and others.
According to George Galoyan, as early as this autumn the market can face an uptrend, and the BTC price will increase again.
“We can observe the cycle in the processes of cryptocurrency price formation. In June 2020, the BTC drawdown reached 10% — from $9890 to $9000. And in June 2021, it fell from $56 000 to $27 000. Now we see that the cycle repeats itself. There are 2 variants of situation development:
BTC can break through ATH by the end of 2022, meaning that in autumn we will face the season of altcoins.
If this does not happen, we may see a long bearish trend in the market till the following shocks”.
Also, we want to remind you that the DAO.vc founder and CEO, has earlier predicted the advent of the DAO era, as well as the active growth of the NFT market.
