My unbiased opinion on $BTC through Q1
In this video I breakdown the trajectory of Bitcoin. Everyone is talking about a bear market, but when you're trading in markets with such high volatility you have to, as they say, ZOOM OUT. Seriously though, were due for a move down into the $40,000-$41,000 price range over the next week. From there I suspect we make a move for a new high of around $80,000. Something I think is important to note is that the fed is likely to raise interest rates at the end of Q1. When that happens, be prepared for a 50% move downward. 2nd or 3rd week of March I would start averaging out my sell orders and tightening stop loss. If you are planning to short Bitcoin into the grave you're going to have to wait another 12 weeks.
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