Crypto Whales Believe These Altcoins Have Huge Potential – Find Out Why

cryptonews.com:

Despite destabilizing economic conditions and FTX contagion possibilities, the crypto market has held relatively steady recently as Bitcoin moves between $16k to $18k. As this period of market consolidation continues, whales are stocking up on select coins in anticipation for a coming bullish surge as we move deeper into 2023--as predicted by many analysts, including Blockware Solutions.

"Bear markets tend to be much shorter cycles than subsequent bull markets. For this reason, we will likely see the markets bottom in the first half of 2023," predicts Blockware Solutions in their recently released 2023 Market Forecast.

Blockware noted in the report that prices for crypto markets would likely bottom when the Fed halts its increases to the Fed Runds Rate.

"The US will likely remain in a declining PMI environment which could push into extreme lows," wrote the authors. "This recessionary signal may coincide with extreme drawdowns to the equity indexes. We also may also see the decline in the US’ M2 money supply come to an end in 2023. This increase to market liquidity tends to usher in higher prices for assets and securities."

As the whales and smart investors are aware, to make the most of a possible market recovery in 2023, it is vital to be prepared and invest in good projects while they're still discounted in their presales before they hit the market. Additionally, utilizing sound risk management strategies with assets already on the market will also help increase overall gains.

As we look ahead to a possible market recovery in 2023, a few coins have particularly piqued the interest of crypto whales based on their promising fundamentals and notable rates of investment in their presales: FGHT, D2T, CCHG, TARO, and RIA.

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