astromaniak

Double top at BTC. There will be no new ATH.

Short
COINBASE:BTCUSD   Bitcoin
In 2019, we had another bubble at BTC. For the first time the bubble was lower than the previous one. So we created a double peak from the 2017 and 2019 tops. MA210 begins to fall, which means that we are in a downward trend. This is not an upward trend correction. According to Elliott waves, the correction of the second wave would now reach $ 1000, then the next wave would bounce to $ 3000 (the bottom of that year) and the 5th wave would be a long-term decline near zero.

And as for the information they can help in this scenario. BTC is not Bitcoin. More and more people are beginning to notice this. BTC after activating Segwit will never have anything to do with the original from White Paper. Segwit cannot be undone. Lithing Network will be incompatible with the new AMLD5 law in Europe because it does not identify the origin of the funds. BSV competes with BTC for the title of real Bitcoin. BSV wants to be a legal blockchain that complies with the law and government, while BTC is focused on anonymity and the fight against the system. Added to this is the Creig Wright case and the ability to dump 1,000,000 BTC to the market. The year 2020 promises to be interesting. Regards.

This is not an investment advice, only my private thoughts.
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