Bitcoin - Get ready for the bloodbath
So larger operators are already setting the next drop , red flags are popping everywhere. Have a look at this criteria and see if it suit your analysis as well:
1. From 5700 to 6000 is when Bitcoin will enter real , remember that we were months at 6k in 2018.
2. The price will be slightly above 61.8 .
3. Network transactions value calling a correction since April 1st (price overvalued).
4. After a Golden Cross/Death Cross the price uses to get reversed.
5. count is almost done.
Litecoin and Ether are not following Bitcoin in this last uptrend and the rest of alts are already falling or sideways. The bloodbath is coming and as always, the big losers will be alts, as smaller the market cap, the bigger the drop , however I believe that BCH with more than 5 billions market cap will suffer quite a lot.
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