Michael_H_Peter

BITCOIN LONG TERM PREDICTION AND HUNGRY SHARKS

COINBASE:BTCUSD   Bitcoin
Hello friends, I would like to post my long term prediction for Bitcoin with Moving Average Ribbon Indicator. Since we don't have any good news about crypto market and have lots of angry investors and miners, I don't see any bright future for it and I'm going to stick up to my pessimistic opinion. In the chart please pay close attention to the similarities of last March-July chart movement and our current movement. Very similar movements! It keeps a very sweet support level now at $3900 and I believe it will reach to my predicted $4500 zone (or more). Honestly, I don't think it is going to brake $5000 resistance! Why? Because the pumpers are not going to pump it that high to brake it and on the other hand we have lots of Angry dumpers and traders who are ready to dump it at any moment. I know that no one can say for sure what is going to happen next but since last year BTC just dumps guys and I'm assuring you Mr. dump and Mr. pump are playing that game!!! So why is it only dumping people? Do you ever ask that question to yourself? Because the hungry Sharks want to hunt your Bitcoin down for a lot cheaper price guys! They sold it to you for $20000 and now they want it back for $1000 or maybe $100! That's my logical answer to that question! Seriously, there is no other logical answer to that! Miners are mining, new investors are always getting into crypto, we don't have any inflation here, so what the hell is wrong with it???? Simple answer, hungry sharks want to hunt! So you guys be sharks too! Hunt it for $1000 and cheaper! Maybe for $100. Anything is possible! Thanks a lot for reading and Happy New Year to you guys!!!
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