Hello, after analyzing previous bitcoin behavior, it looks like bitcoin will reach 84k-90k before it tops!
Drawn on the chart I show how bitcoin has printed the same retracement pattern back in January as it is right now. This was right before it rallied to that 64k area!
A similar move now would take bitcoin to around 90k!
Personally, (don't hate me), I believe this will be the last bull run for Bitcoin. It would appear that crypto regulation is just around the corner. Along with the "global warming" / "climate change" narrative, I expect bitcoin and other proof of work coins to be outlawed in many countries in a unified push for a "greener economy."
Do I believe it will go to zero? never. But I do see it crashing to the low thousands I mean a few thousand maybe and never recovering.
In the mean time, Bitcoin looks bullish.
Remember, 99% of cryptos today will go to zero. Might as well stack money while we can.
I suggest taking any profits and placing them into safer assets such as, XRP, HBAR, ALGO, SXP, XLM, CRO, RNDR, NTVRK and GOCHAIN.
Cheers!
:)
Drawn on the chart I show how bitcoin has printed the same retracement pattern back in January as it is right now. This was right before it rallied to that 64k area!
A similar move now would take bitcoin to around 90k!
Personally, (don't hate me), I believe this will be the last bull run for Bitcoin. It would appear that crypto regulation is just around the corner. Along with the "global warming" / "climate change" narrative, I expect bitcoin and other proof of work coins to be outlawed in many countries in a unified push for a "greener economy."
Do I believe it will go to zero? never. But I do see it crashing to the low thousands I mean a few thousand maybe and never recovering.
In the mean time, Bitcoin looks bullish.
Remember, 99% of cryptos today will go to zero. Might as well stack money while we can.
I suggest taking any profits and placing them into safer assets such as, XRP, HBAR, ALGO, SXP, XLM, CRO, RNDR, NTVRK and GOCHAIN.
Cheers!
:)