What up Risktakers?
I'm dropping this new chart idea for bitcoin as I've observed it's movements over the past few months..
I really like this chart because it gives us an idea of where the "norm" ranges will reside for $BTC in the 'Early Adoption' segment of the bell curve to $BTC global prevalence.
*Now just because you see "Moonsie" on the chart, doesn't...
Some traders of BTC have been in denial since ATH... Whether you've accepted it yet or not, we're actively in the matrix of the bear market.
BTC and all cryptos will likely reset right along with The Great Reset spoken of by World Economic Forum. Gen X will have one final chance to get into the game, but young millennials will likely get rich from a reset of the...
An extension of my earlier trade ideas.. The grandfather coin has been bleeding our from Elon's silver bullet .. what traders are referring to as the "bitcoal" problem.
All jokes aside, I think that the trend speaks for itself. Sometime in June/July/Aug we'll reach sub-$20k in preparation for the greatest long of the generation!
Most people in the #cryptocurrencies chat witnessed me call out BTC's drop from $59K to $49K.. Based on what I've analyzed on these charts, if there's no hard bounce at $46K-$48K, then BTC will plunge to $40K by the summer (or sooner). If we begin to close under $40K, then institutions will likely short off their BTC in order to buy at a more stable bottom.