Bitcoin UPDATE Hello guys.
How are you doing?
I hope you feel great and always be happy and successful.
today, I want to talk about Bitcoin. It's an update and the expectation about the movement in Bitcoin.
So, as I always said it's not financial advice. please just read and do based on your strategy.
So, Let's go into details.
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I drew this Fibonacci channel a few months ago.do you remember that?
what a fabulous reactions.
You can find the bottom of Bitcoin easily.
please draw it on BTCUSD. and the price must be on the line chart.
after breaking line 1 (at the top of the first channel) the price changed the trend to complete the pull-bach to the top of the channel.
I expect that the maximum of this movement will be 38300 and then reverse the trend again.
But, if the price succeeds in closing above 38300 by a God Candle (a full candle without shadow at the top and the bottom) and the volume confirms this breakout, I believe that the price can go higher and the first target will be around 47000 and then 58000.
but, it's just a scenario and I don't think the price succeed in closing above the 38300.
by the way, I want to tell you something special.
Every time the stochastic managed to touch the 70 level (and above) and then reverse on the monthly time frame, we had a huge drop.
Please check it out at the below link. (Minimum 84%)
And the consequence is that I expect the trend will reverse soon. That's my idea. and the market maker played this rule to import the money into this game. and burn it.
please think about that carefully. and know that Opportunities in the market flow smoothly like a river.
Please don’t forget to write your comments ✍️✍️ like 👍👍 and Share 👌👌 this vision with your friends.
And Tell me do you agree with me or Not?
Please don't hesitate to write your comments below.
❤️❤️ Wish you the best ❤️❤️
Sincerely Yours
Ho3ein.mnD
Btc-collapse
❌ Crypto collapse is coming soon ☠️Cryptocurrency has been battered in a brutal 24-hour period, with bitcoin in particular suffering a $14,000 loss in an hour.
Unfortunately crypto is about to die. It's 2022 soon not 2018 and crypto is under unprecedented pressure.
First, there is pressure from governments:
⭕️ China has declared all cryptocurrency transactions illegal;
⭕️ EU will make Bitcoin traceable and ban anonymous crypto wallets in anti-money laundering drive;
⭕️ Swedish financial and environmental protection authorities call to ban cryptocurrency mining. Using renewable energy to mine Bitcoin will hurt global efforts to go green, Swedish regulators argue.
Second, maintenance costs aspect:
⭕️ World energy bills have grown by 80% in three years.
⭕️ A global energy crisis is coming.
The immediate target:
The long term target:
BTC go Down at 2K? Insane Idea!Crazy idea, bitcoin loves patterns, I will assume a serious collapse of bitcoin in 2021 (year of the bull?))) In March, as it was recently and its same insane recovery (without accumulation) with a breakout of all important levels that we have been saving all this time and collecting huge liquidity at these levels. And this is 2k, 3k, 4k, 6k, 7.5k, 10k, 12-14k, then we fix at 14k and accumulate there for some time (in 2021 - a breakdown of all important levels, 2022 - accumulation for 14k) and only after that bull run (we will approach 20k in 2023-2024).
Its time for the next GREAT DEPRESSION and the end of BANKSTERS.this is not an analysis based on fancy indicators or crazy theory, this is common sense, simple view of the inevitable coming catastrophe...
Here we can see the SP 500 chart for the last 2 decades and the last 2 recessions, here we can appreciate the last economic growth witch every one known is artificial growth made by central banks, BANKSTERS and quantitative easing by the FED and all the modern gangsters involved on this crime approved by the government of the United States.
We all know how this is going to end, and is not going to be well, now the question is when.
I personally believe we are at the beginning of the collapse, we are already cutting the interest rate not only in US but almost everywhere, the economy worldwide is declining rapidly to a point the when the common people realize is going to be too late to protect their self from what is coming..
what I don understand is how there is people that still believe in eternal growth with a system that is broken?? again common sense!
ok here is what i see what is going to happen in the next coming years, don't take this as an advice but as a warning, get safe there is different ways like bitcoin and gold, make your own research.
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