I must be the 1st to admit. Every single bit of research i can do no matter if its about what Bigger $ is doing or if its diving deep into Charts , Graphs , heat maps, Ma , etc. IT ALL says the same. The entire economy and housing markets along with credit,auto's, etc. are all going DOWN more and deeper into and or finally verifying Recession. ALL those things MINUS BTC need it and deserve it and are HIGHLY overpriced , overbought , and due for HUGE corrections.
BTC however, Has shown for the last few years to those that can see the light. That its worth about $50k min. right now and has been for a while. If this was not a shared feeling with humans much smarter then I as well as A.i. lol . We wouldn't have Blue chip stocks correlated with it.
BTC crashed from its first launch to the moon this cycle with what could be seen as a Bull flag which resulted in a Bull rally after. Second time it went to the moon and crashed down it did the same again. BOTH these times it also formed a bottom and confluent base with times prior etc. This last moonshot while finally having more real world use,sentiment,vc backing etc. that it should have held even better then the past and maybe made a new higher low for the base. INSTEAD it crashed and formed into what could be seen as a long messy Bear flag. Which has then resulted in the most recent crash that finally took out the prior base around $30k and crashed us down to what many may call the
25K range ( coinbase made trades ) which looks more like $26.5k on many charts. Now WHAT IF THATS IT .... $26k or those that got lucky and made trades for $24.5to$25.5k WAS the BTC crash .
IT DID MAKE A NEW LOWER LOW and it did SCARE the SH*T out of many.... It DID give those with capital and ready and most likely involved that moment to get in UNDER Tesla , Microstradegy, Elon musk , Saylor etc. WHICH is a BIG deal in the scheme of controlling power/influence/money ...
Can we still go lower certainly, will we most likely with everyone saying the same , yes most likely. BUT .....
WHAT IF .....
BTC however, Has shown for the last few years to those that can see the light. That its worth about $50k min. right now and has been for a while. If this was not a shared feeling with humans much smarter then I as well as A.i. lol . We wouldn't have Blue chip stocks correlated with it.
BTC crashed from its first launch to the moon this cycle with what could be seen as a Bull flag which resulted in a Bull rally after. Second time it went to the moon and crashed down it did the same again. BOTH these times it also formed a bottom and confluent base with times prior etc. This last moonshot while finally having more real world use,sentiment,vc backing etc. that it should have held even better then the past and maybe made a new higher low for the base. INSTEAD it crashed and formed into what could be seen as a long messy Bear flag. Which has then resulted in the most recent crash that finally took out the prior base around $30k and crashed us down to what many may call the
25K range ( coinbase made trades ) which looks more like $26.5k on many charts. Now WHAT IF THATS IT .... $26k or those that got lucky and made trades for $24.5to$25.5k WAS the BTC crash . IT DID MAKE A NEW LOWER LOW and it did SCARE the SH*T out of many.... It DID give those with capital and ready and most likely involved that moment to get in UNDER Tesla , Microstradegy, Elon musk , Saylor etc. WHICH is a BIG deal in the scheme of controlling power/influence/money ...
Can we still go lower certainly, will we most likely with everyone saying the same , yes most likely. BUT .....
WHAT IF .....
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.