Bitcoin is about to crash massively! (Look closely...)
Does this chart look bullish or bearish to you?!
When looking at a chart of bitcoin I can't help but feel extremely bearish right here.
I mean look at it...
(Source: https://twitter.com/rovercrc/status/1583120606685323264/photo/1)
We had a huge rally up into major resistance, with the momentum clearly running out.
Looking at the chart it looks it's ready to start heading the other direction, possibly pretty hard.
But there's just one thing to keep in mind here...
This is the chart of bitcoin turned upside down!
Take a look again!
If you flip this chart over it looks extremely bullish as now, or somewhere around now, looks like a great time to be buying bitcoin as it's about to head the other direction possibly hard.
Do you see what I am saying?
Be honest... did you fall for the inverse chart?! :)
naaaaaa it will be go up
Look closely... this chart is the inverse of the normal chart ;)
Upvoted! Thank you for supporting witness @jswit.
Good!
Wow! I am in awe! Must get some bits of BTC soon! This weekend!
It will go up, but first, it has to touch 10-12k, which is the end of shmita cycle. From that point, it all depends what the world markets will do. So btc price can go down to 4k if DXY still goes up and people need money for their basic needs, banks around the world have to struggle with high price of the US dollar, instead of buying btc.... Otherwise, the price can go pretty fast to 30k again.