BTC SHORT TERM ANALYSIS
Updated
Bitcoin has hit its 4.236 FIB extension and I believe it has topped out. It should revisit 10K by the end of 2022. If you have been in crypto since 2020, you've made insane profits, don't let your greed make you lose it all. I am very bearish for 2022 mainly because of tapering, deflation, and I suspect that world leaders will come up with another huge black swan event in order to make all markets collapse.
Bitcoin today behaved ALMOST IDENTICALLY to what it did on September 7, 2021, before dumping from $52,900 to $39,600. Either go short or buy when the market is full of blood.
Bitcoin today behaved ALMOST IDENTICALLY to what it did on September 7, 2021, before dumping from $52,900 to $39,600. Either go short or buy when the market is full of blood.
Note
BITCOIN IS DUMPING: AS PREDICTED! TARGET: $42800
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