Simple Bitcoin Ultimate Forecast into 2020
Updated
Capitulation is basically when Miners stop mining and sell some of their bitcoins to keep operations going.
However Capitulation is more likely to occur at the end of every annual year now due to regulation and taxes.
It is easier to calculate loss/profit by shutting or slowing the network down and washing your hands so to speak.
Power consumption costs are higher during the winter time as well.
So with that said the ultimate guide and advice I am giving myself is to play it short, wait for capitulation cycle to open and and buy all in as the capitulation cycle is closing.
This chart is an emulation scenario of the next "possible" 50% drop
***I am not a FINRA registered agent or broker (As of Yet) and this is not financial advice, Please always do your own research, As Bitcoin is a highly volatile asset.***
However Capitulation is more likely to occur at the end of every annual year now due to regulation and taxes.
It is easier to calculate loss/profit by shutting or slowing the network down and washing your hands so to speak.
Power consumption costs are higher during the winter time as well.
So with that said the ultimate guide and advice I am giving myself is to play it short, wait for capitulation cycle to open and and buy all in as the capitulation cycle is closing.
This chart is an emulation scenario of the next "possible" 50% drop
***I am not a FINRA registered agent or broker (As of Yet) and this is not financial advice, Please always do your own research, As Bitcoin is a highly volatile asset.***
Note
Keep an eye on this chart, I will be announcing when I personally go all in on Bitcoin for the next rallyNote
Capitulation is over!!! Buy Bitcoin now!!!Note
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