HEX 3 Year Bear Market

17 Mei 2022

Price went up ten thousand times from the ATL. Many became multimillionaires in less than 2 years. These early adopters place constant sell pressure on the price when they mega dump. Apparently, they never learned how to extract value via an LP position on Uniswap V3. Or, via limit orders. These Rolexicans dump the asset perpetually and flex on Twitter. They cash out the asset for yachts, private jets, planes, lambos, and Rolexes. The asset needs time to redistribute the wealth from the liquid bag holders to those that will stake it deep into the future. This process does not happen overnight. I project that the asset will retest the ATH in about 3 years from the peak. I also estimate that the bottom will be an 85% correction from the top. So, it might bottom out near 7.7 cents. Smart money can add to their positions during this time. Stakers that have long term stakes that exceed ten years will win big. The liquid bag holders will be washed out due to volatility. The price will eventually form a new ATH after the retest.