🔥 Bitcoin Worst Case Scenario: Opportunity Of A Lifetime
With Russia invading Ukraine, we've got a whole new level of fear to watch. Stock markets are selling off again, no one knows where this war will bring us in the near term. Furthermore, looming interest rate hikes cause mild panic under investors. In short, a lot of uncertainty in the markets.
However, great fear bring great opportunity. Historically, the best times to invest in BTC (or every market in general) is when the amount of fear in the markets is the highest. In my view, this ultimate fear will be reached when BTC touches the 200-week SMA. This SMA has historically signaled bear-market bottoms, and will likely do so again. Be aware I'm not calling for BTC to reach the 200-week SMA, I'm calling for a buying opportunity of a lifetime if it decides to do so.
If we continue this path down, there's another 30% - 40% downside ahead of us before we reach that target. I'm convinced that once we reach that area, the only path forward from there will be up.
Happy trading!
However, great fear bring great opportunity. Historically, the best times to invest in BTC (or every market in general) is when the amount of fear in the markets is the highest. In my view, this ultimate fear will be reached when BTC touches the 200-week SMA. This SMA has historically signaled bear-market bottoms, and will likely do so again. Be aware I'm not calling for BTC to reach the 200-week SMA, I'm calling for a buying opportunity of a lifetime if it decides to do so.
If we continue this path down, there's another 30% - 40% downside ahead of us before we reach that target. I'm convinced that once we reach that area, the only path forward from there will be up.
Happy trading!
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📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
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