Short

Prepare for a breakdown in Bitcoin

Get ready. I believe the price of Bitcoin will breakdown even further over the next few weeks and possibly attempt to test the $5400 level (or lower) before finding any real support. At this point, any further price decline will rock the crypto community's sense of stability and "belief" in these tokens. There appears to be very little upside opportunity after all the SCAM and FRAUD news recently. The only people that are still overly bullish the cryptos are those that are hoping for another run above 15k.

Traders and Investors don't care if it ever goes back above 15k. All they care about is volatility. And that is what is about to hit the Bitcoin market with downside volatility and an incredible breakdown below the 6k level. Be prepared because this one could hurt is your are a "Crypto-Bull".

BradMatheny

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BradMatheny

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