SabahEquityResearch

What Would Happen to Bitcoin prices if there Were No Internet?

Short
BINANCE:BTCUSDT   Bitcoin / TetherUS
Convince yourself any way you want, if and ever that happens the result will be massively bearish. Besides that Bitcoin's reputation as a safe haven asset and a hedge against inflation has been nothing but a huge misleading advertisement lie. Considering the broad uncertainty ahead of us I believe this entire hype will be worth at most 10k, not 100k any time soon. However, for near future prices, 25k is an ideal profit-taking zone.

on contrary to my bearish bias, any mega bullish news will send this to 47k before starting back the downtrend.
Folks this is not financial advice.

Regards:

If plan A was 100k, isn't the plan B 10k? ;)










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Update:
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Eventually we will hit 10k BTC. 😂 And we will .

Look at china
These real legit profitable businesses which are hammered by the fear of a likely recession globally.
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China will have 50% plus (most probably 63%) down run. Eventually a collapsing china will drag down US indexes too.

Imagine if we fall 50% on Nasdaq, almost all of the cryptos will worth zero. Expect few legit coins like BTC.
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Stay tuned for new video analysis on BTC where I will proof why 10k BTC is possible.
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Keep in mind nothing goes up/down in a straight line. We will have many short/long (mostly short) trades as we go.
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US 2 year treasury note shall always be lower than 5 or 10-year bill

us 2-year note is standing at 2.130% atm
while 5 years is at 2.331%
and 10 years at 2.306%
we have a yield curve inversion between 5 years and 10 years
this is a major signal of the coming recession.

I haven't added to my shorts yet, when I get the signal, will let every body know
Trade active:
Finally got the signal to short
Comment:
"Possibly I'm the greatest forecaster of all time"
Said a client

Those who keep motivating me will have a special place in my heart 💜💜

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