Hmm... so a lot of people call Doomsday but give a poor argument as to why.
Again; if you've followed me for awhile then you know (or will know shortly from me) why I think $2,500 might be a strong possibility if this certain thing happens in the upcoming weeks.
Anywho... chain of events:
1) We range a bit until "certain event" as we slowly approach closer to overall big trend line.
2) We break down below trend line which causes the major capitulation stage to $2,500 spiked bottom with high volume V. This is un-expected from almost everybody's predictions I have been reading. Actually; I think I may be the only one to even suggest this, yeah?
3) We sharp bounce from $2,500 to hmm... $3,000ish to $4,000ish maybe.. and range in those prices for months. Fear, blood, depression, despair.
4) We eventually start a slow uptrend. Dis-belief.
If this "certain event" happens; then scenario is very likely with I'd say 99% of the crypto world caught off guard and too late to enter any position (or to even leave their position without taking a big loss). Me and my close band of followers from wayyy back; hopefully we are in the 1% that banks hard off of this. =)
Again; if you've followed me for awhile then you know (or will know shortly from me) why I think $2,500 might be a strong possibility if this certain thing happens in the upcoming weeks.
Anywho... chain of events:
1) We range a bit until "certain event" as we slowly approach closer to overall big trend line.
2) We break down below trend line which causes the major capitulation stage to $2,500 spiked bottom with high volume V. This is un-expected from almost everybody's predictions I have been reading. Actually; I think I may be the only one to even suggest this, yeah?
3) We sharp bounce from $2,500 to hmm... $3,000ish to $4,000ish maybe.. and range in those prices for months. Fear, blood, depression, despair.
4) We eventually start a slow uptrend. Dis-belief.
If this "certain event" happens; then scenario is very likely with I'd say 99% of the crypto world caught off guard and too late to enter any position (or to even leave their position without taking a big loss). Me and my close band of followers from wayyy back; hopefully we are in the 1% that banks hard off of this. =)