BitcoinGuru

Bitcoin About to CRASH! This happened THREE times in 10 Years!

Short
BitcoinGuru Updated   
BITSTAMP:BTCUSD   Bitcoin
Hi All,

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One of the biggest signal that Bitcoin is going to crash soon just flashed again! This happened THREE times in the past 10 years and yesterday it did it for the FOURTH time! (see the green arrows on chart).

1. The first time it happened on September 2014, it crashed 60% from $400 to $150
2. The second time it happened on August - November 2018, it crashed 50% from $6,400 to $3,200
3. The third time happened on March 2020 (aka COVID Crash), it crashed 40% from $6,400 to $3,800
4. The fourth time is happening now on January 2022, currently at $35,000 and it could potentially crash 40-60% to $21,000 through 14,000

Each time this happened, we reached the final bottom and full capitulation.
Place buy/long orders at $21,000-17,000 and $14,000-9,000 and wait!
Thank me later.
Note: It could take days or few weeks or couple of Months before the crash happens.

Happy trading!
Carl M.

Check out my previous analysis

Comment:
The signal seen with the green arrows (and the yellow line) which I am referring to, is pretty much the back test of the Monthly Bollinger Midband after Bitcoin has completed a Megabull or Bull Trend.

Once Bitcoin touches the Monthly Bollinger Midband (seen in 4 instances), it eventually crosses/closes below it and crashes 40-60%.

This is one of the most accurate signals on Bitcoin in the past decade!
Comment:
Expecting #Bitcoin to close Tuesday's Monthly candle below the Monthly Bollinger Midband at $38K. Historically, that led to a 40-60% sell off towards the final bottom which will be in this case at $21-14K~


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