BTC IS GOING TO TANK!! SELL OFF COMING!
Fullly aware that crypto market is in the dirt right now. Common sense is that even with a larger 1 trillion market cap price is still falling. which means all previous price data is inaccurate representation of its true value. aka a bubble.
this leads to new price discovery around the 10k mark. when price gets below 15k we will see a massive pull out of retail traders allowing institutions to come in with regulatory changes.
If in fact this prediction is correct, this will be a continuation of a bear market. Expect news of china and Russia continuing war efforts against Taiwan and Ukraine. The true value of bitcoin is probably around 4 to 5k.
I expect to see btc being worth 9k this year. I personally dont think the community in crypto is as smart as think. that being said, despite my btc price prediction. I think that the us stock market is going to go up higher.
Typically they have been correlated to a high degree but i dont think now that that will be the case going forward. But I will be taking shorts on the stock market as well to make sure I am balanced in case of a sell off.
Side Note::: If btc breaks above 25k this week I will have to change my mind. I see 25k as a huge psychological level. as we went from 27k to 21k in a matter of days previously. and Have not returned to 27k in over months.
happy trading. I have posted a video about this long term trend on my channel! Take care!
this leads to new price discovery around the 10k mark. when price gets below 15k we will see a massive pull out of retail traders allowing institutions to come in with regulatory changes.
If in fact this prediction is correct, this will be a continuation of a bear market. Expect news of china and Russia continuing war efforts against Taiwan and Ukraine. The true value of bitcoin is probably around 4 to 5k.
I expect to see btc being worth 9k this year. I personally dont think the community in crypto is as smart as think. that being said, despite my btc price prediction. I think that the us stock market is going to go up higher.
Typically they have been correlated to a high degree but i dont think now that that will be the case going forward. But I will be taking shorts on the stock market as well to make sure I am balanced in case of a sell off.
Side Note::: If btc breaks above 25k this week I will have to change my mind. I see 25k as a huge psychological level. as we went from 27k to 21k in a matter of days previously. and Have not returned to 27k in over months.
happy trading. I have posted a video about this long term trend on my channel! Take care!
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.