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
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Finally got the signal to short
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"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 💜💜
@VanDijkAnalyses, my brother that flag is against my religious belief, hopefully you have good intent.
MinimumWagerLvl1
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@CountLikeWallStreet, lol go make an analysis on your religion
lex2002
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the projection materialize ..but you predict to early...,wow yur so fast and genius.
MinimumWagerLvl1
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LoL dude you waited all these days to tell you that you are right? Well %99 percent of your idea was wrong. %1 is correct now so see you at 50k lol
Princesslv
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Looking like it will break out of 45K, probably come to around 50K-55K then short.
Ahmed_Alshammari
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I drew this a long time ago 23\jan and day after day is coming proof, 46K$ is the judge in this drawing, i respect your TA but in the end it’s just analysis, no one now about future. Don't insist on your opinion plz
see you soon and hope everyone make profit as much he\she want.
MinimumWagerLvl1
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@Ahmed_Alshammari, he insisted and he lost. He had much more to learn about crypto. Never short a short never long a long. That is the biggest lesson he should learn but he is crying now. He can't learn at the moment