BITCOIN To Test $3,591 And Then $3,000

Huge pullback starting again. Bitcoin is heading to test the $4,000 level which will break. Given the momentum of the bears, this support isn't relevant at all and hasn't been tested or proven. The level we are looking at which is now going to be significant is the $3,591 level.

This was a significant level last time we saw prices here over a year ago. In all honesty, I'm fully predicting a test of $3,000 at this point.

Hope everyone is staying safe. I'm still in all cash and am glad to be getting cheaper prices on things here.