Bitcoin halving .. coming crash before we start the big bull runNew high is FWB:73K and we are already broke the support what does it mean?
We are in the huge correction into before and during the halving days. We are in 2 days so means we are now in Pre-Halving which means big drop is coming.
Example: recent bull run was back in 2021 in July was around $60K so cut that in half for the halving and it dipped into around $30K area and then we made a new high at $68K.
So this is how bitcoin halving works; since we made all time high FWB:73K cut that in half which means FWB:42K -$43K is the half of the amount for the halving.
Highly suggest ( DO NOT BUY IT ) Buy it until the halving begins and wait until the big drop finished and halving completed which will make the price cheaper.
If buying it early then I suggest wait until drop about $50K and then go all in buy around the $40K area and hold it from there.
Buy bitcoin:
41950-43900 area
Take profit: $100-150K
No need for stop loss for the long term buy even if you have your own Coinbase even crypto.com just buy those zones and hold it and sell the high.
This is very simple of how others became too greedy and lost nearly everything for not selling the high and keep the profits that you had made
Comingcrash
BITCOIN GOT DECLINED TO GO HIGHER…!?Supposed to go 45K then 46K so what now? Did bitcoin got declined ?! So what happen next.
Oh boy declined to go high about 4 times now…
Bitcoin got declined and rejected.. is this now will be the biggest bull trap in history. Let’s find out.
So if bitcoin breaks the trendline and neck line if breaks all the way from 34K, 30K and lastly 25K then this will be the biggest bull trap in history and yet will go even lower if 25K doesn’t hold and will drop all the way to 10K.
If it holds and bounce back from 34K and 35K then can hit 45K or maybe 46K but if not then the crash will hit.
So if Bitcoin crash and heads about 10K maybe lower then that means Ethereum will crash all the way to 250 or 500
NAS100 RETRACE THEN MASSIVE MELTPLEEEAAASE PAY ATTENTION
We are still in a bear market so hear me out. Double bottom formed. But that doesn’t mean we are going to sky rocket up the buy it’s still early. Retracement from the drop where it’s at we should be expecting a buy down around 10900 or lower.. tell you why In a moment,
Reversal massive meltdown of a sell 12420 area or until hits the highest blocked for buyers which at 12570.. yet never kno will go shortage so please be extremely careful
The market is going good this is extremely bad this is why…
The crypto events is still going on yet MtGox will release out 137,000 bitcoin ( over 3 billion ) big crash is coming.
Yet the Federal government will still be going more aggressive to increase high rate hikes of inflation.. and jobs still adding in USA and yet haven’t paid attention to monkeypox and Epidemic here are the cases for global and USA.
Monkeypox USA Cases: 22,775 cases
Monkeypox Global cases: 59,605 cases
COVID-19 epidemic
USA: incredible…. 95.3 Million Cases ( 1.06 million deaths)
Global: 609 Million cases ( 6.52 million Deaths )
US Economy collapse/Crash is coming
HIGHER IT GOES;THE HARDER WILL FALLUSDJPY…. Went even higher than before ; looked higher like the Mount Everest ; or one the highest mountains in the world.
The higher it goes the harder will fall… no matter how high it goes the bulls will show exhaustion then bears will take over and crash will happen. 129 or 130… where the big drop we will see. Trade safe and it will fall hard until it hits the highest peak.