BITCOIN - SINK OR SWIM
Updated
After a huge Multi Year Correction in Bitcoin we are coming to decision time for Investors.
With the global pandemic in full flow and our favourite corrupt banks/governments printing money out of thin air (de-valuing everyones hard earned cash right in front of their eyes), how will people see Bitcoin?
We have to bear in mind all possible scenarios.
With the halvening coming up will we go on another Bull Run breaking All Time Highs?
Will we have one final push down a few thousand dollars to shake out the weak hands and create sellers and bears so Smart Money can accumulate their requirement of Bitcoin?
This is a potential sell zone. If we break and clear be prepared for lift off.
If we fail expect at a minimum 7100 ish dependant upon the panic created.
Please only risk what you can afford to lose.
With the global pandemic in full flow and our favourite corrupt banks/governments printing money out of thin air (de-valuing everyones hard earned cash right in front of their eyes), how will people see Bitcoin?
We have to bear in mind all possible scenarios.
With the halvening coming up will we go on another Bull Run breaking All Time Highs?
Will we have one final push down a few thousand dollars to shake out the weak hands and create sellers and bears so Smart Money can accumulate their requirement of Bitcoin?
This is a potential sell zone. If we break and clear be prepared for lift off.
If we fail expect at a minimum 7100 ish dependant upon the panic created.
Please only risk what you can afford to lose.
Note
Chart Image Should say (Green) not (Yellow) for the halvening Bullish BreakOut.
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