now lets get down to the juicy stuff
Following my previous analysis on the 14th of july we saw price push from 9000$ all the way to 10000$ as predicted also further updated the push of price upto 12000$ on july the 18th last month and price played out as anticipated scroll down to review these claims,,so i pretty much know what am talking about when it comes to price projections occasionally.
We are currently sitting at around 10200$ per bitcoin ,,very very good price point to short as we are still at the top of the wave (b) in this correction in the market ,and price should fall swiftly to around 5000$ where we will have bulls come in and take it all the way to 8000$ then later drop price all the way to 200$ , this will take several months but watch closely as it unfolds.
So you must wondering why the f**k am now shifting my sentiment from to ,,well lets look at current bitcoin status if you notice the environment we are in it brings back flashes of end of 2017 where we had huge upside potential from btc only to be blind sided by the big players and we lost a huge chunk going upwards of -80% in our portfolios ,,this isnt enough to indicate the fall i know,,but lets look at some more facts ,,greed to fear indicator showed crypto below 15 on a 100% scale meaning there's been more fear induced in the market with constant pushes and drops in price over a course of just 3 weeks ,,which might indicated bias but i'm not certainly convinced to any upside for btc in this instance
SEC another doom flashlight for the government delayed its decision on three Bitcoin applications until autumn same old stories we heard last year in when they rejected another 9 ETFs for bitcion
dates issued are towards late October and September as well which i think is still in the ball park to drop btc down below this very high valued price its at for the time being .
it might seem insane to go against the beliefs of the masses but that's how smart money plays ,watch me take it to down to 200$