Bitcoin has moved in a clear downtrend since mid-August. Investor panic increases sharply every time Bitcoin enters the $18k range. When Bitcoin eventually (inevitably) breaks $17.6k, this may result in a quick crash to 
14K - 
12K.
As the 'Everything Bubble' pops and the global economy enters a recession, the cryptocurrency market is experiencing a complete death and transformation. We are in a new market, and all the narratives that worked in 2021 are now dead.
Going forward, shorts will continue to get paid. Bitcoin can lose another 30% - 50%. The future is promising for Bitcoin as it is a decentralized, energy-backed, and uninflatable currency. The entire world is bottom-hunting Bitcoin, so I suspect FOMO will prevent BTC from reaching critically low levels. I'm looking to go all-in at $13.7k.
Bitcoin will reach between14K - 12K either through a quick crash or a dragged-out decline. During this process, more exchanges will announce insolvency, and the SEC will enforce more charges against cryptocurrency companies and influencers. The future for most altcoins is death. Contrary to Twitter investors' belief, there is no 'next cryptocurrency cycle.' The era of money printing is over! We are experiencing the Great Reset right now. The biggest winners from the altcoin market will be ISO2002-compliant networks (XRP and XLM). All other unregulated networks will collapse!
SHORT ALTCOINS
BUY ISO20002
BUY DISCOUNT BITCOIN
BUY PHYSICAL GOLD AND SILVER
14K - 12K. As the 'Everything Bubble' pops and the global economy enters a recession, the cryptocurrency market is experiencing a complete death and transformation. We are in a new market, and all the narratives that worked in 2021 are now dead.
Going forward, shorts will continue to get paid. Bitcoin can lose another 30% - 50%. The future is promising for Bitcoin as it is a decentralized, energy-backed, and uninflatable currency. The entire world is bottom-hunting Bitcoin, so I suspect FOMO will prevent BTC from reaching critically low levels. I'm looking to go all-in at $13.7k.
Bitcoin will reach between
14K - 12K either through a quick crash or a dragged-out decline. During this process, more exchanges will announce insolvency, and the SEC will enforce more charges against cryptocurrency companies and influencers. The future for most altcoins is death. Contrary to Twitter investors' belief, there is no 'next cryptocurrency cycle.' The era of money printing is over! We are experiencing the Great Reset right now. The biggest winners from the altcoin market will be ISO2002-compliant networks (XRP and XLM). All other unregulated networks will collapse!SHORT ALTCOINS
BUY ISO20002
BUY DISCOUNT BITCOIN
BUY PHYSICAL GOLD AND SILVER
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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.