Our price prediction model is bearish for the next 90 days with a hint of a bull market at the turn of the quarters from Q1 to Q2. Once Bitcoin settles in the new price range, altcoins will start to do the same - we have witnessed this scenario dozens of times in the distant and more recent history. Right now, Bitcoin needs to find a bottom before we can move in the opposite direction and reverse the trend. This is reflected in our 2023 predictions. Our algo still sees a some green in 2023, especially in the second part of the year. Crypto is still perceived as a very risky play and hence the sell off. Investors are selling risky assets and moving into more stable markets. When add the most recent melt-downs of huge industry players (FTX, Celsius, Luna etc) into the equation, the horizont is murky and there will be more blood on the streets of the crypto town. Bitcoin has fallen 75% from its all-time high amid broader market declines caused by raging inflation and US Fed rate hikes. The whole crypto world is on a verge of a complete breakdown. ONE Price Prediction For The Next 90 Days With the help of ONE tokens, the holders are granted voting rights as part of the platform’s governance system.The tokens are used to pay for various fees, including the transaction fees, storage fees and gas fees. The holders can earn block rewards and are incentivized to keep the system healthy. The One token is used as a stake in the consensus model used with Harmony.The ONE token keeps the cogs of the Harmony’s ecosystem up and running by enabling participation in it and serving as the payment vehicle for various activities on the network. Harmony states that its mainnet runs ETH apps with just two seconds of transaction speed and a hundred times lower gas fee. Harmony says, there are 2 312 artists who have made $602 000 in their NFT art sales so far. Cross-chain means that it is designed to be a bridge between different blockchains. This is a so-called cross-chain blockchain project.
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