Wonder Why Bitcoin is falling !?
It is SO clear to me when I look at Gold against BTC on the logarithmic scale.
Do you see what I see?
GOLD/BTC is literally Bitcoin flipped upside down, and so far in this cycle after the third's Halving, Bitcoin is not even close into putting the Next All Time High, which is speculated to be printed at 6 figures somewhere between 100k-288k{as Plan B's famous Stock2Flow Model predicts)
We can see Bitcoin trading in the short term even lower than 30K, if Gold's Momentum continues to grows as Inflation's CPI numbers are now not even denied publicly from The Federeal Reserve.
Maybe Equities Markets will be in a correcting phase or a crash, so if you are into Bitcoin for the long term, U can DCA from here down below to 20-25K if Bitcoin falls to that area.
I'm expecting Gold/BTC to come close on the 20MA or test it, so it can face Rejection on the upcoming month/s, leaving Room for Bitcoin to start rallying until Printing the Speculated All Time High.
Get yo' cash ready and do not sit on it.
BUY as many of Bitcoin you can on this Precious Gift and other cryptocurrencies as well like Ethereum, Cardano, Chainlink, BinanceCoin, Uniswap, Polkadot, Vechain, BitTorrent etc.
This is a Sell area recommended if you got no more cash to invest in order so you can buy back at Lower Prices in order to increase your cryptocurrencies Position before they all PEAK.
Imagine finding these coins trading at ;
BTC to 20-25K
ETH to 1.2K
CHAINLINK 10-15$
ADA .75-1$
So much discounts coming fellas!
BE READY FOR IT!
Note that this is NOT FINANCIAL ADVICE
We recommend you to do your own research before partaking on any Trading Activities based upon this IDEA.
You should understand that everything is mere speculation and no ones knows for sure how candlesticks will be printed/closed on the charts.
If this idea clarifies you on where we are, or you find it interesting and helpful, please be willing to consider donating even 1$ worth of SATS at
1PEcfn2PGoJTqhRNb9xchaCwJZGWw72hSj
Every SAT counts and it will be Hodled for at least a Decade from here before selling and increasing position for even future generation.
Be kind!
Be someone's Hidden Super Hero
:)
TRADE SAFE