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MatTheCat
Mar 12, 2020 5:51 PM

Long Term BTC to $2K. Short Short

Bitcoin / DollarBitfinex

Description

I Stress. This is not a recommendation to jump on a Bitcoin short right now.....I state again. DO NOT SHORT BITCOIN RIGHT NOW!

.....but long term, 2K and below is where Bitcoin is headed.

Make no mistake!
Comments
iera
1:1 with gold
mohammedfarokh
Really???why??
MatTheCat
@mohammedfarokh, Have been calling 2K BTC since 12K, just one remaining pivot to break until BTC get's there.......Just putting it down in my TV track record so it is there for posterity. Unlike other posts I make here, there is no trade setup here. This is just my belief. You don't have to believe it yourself. I often get things wrong.....

Would want some considerable bounce from 6K before I would consider shorting.....but in the midst of this very contrived take down of the Global Markets using Corona Virus as an excuse....who knows.....Bitcoin is a shallow market full off venture capital. Just not the 'safe haven' asset most crypto kids like to believe that it is.
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