Bitcoin Analysis

I still see a lot of analysts on Trading View calling for more bullish action on Bitcoin in the short term, but my feeling is that we're going down soon. And I believe this is a tremendous investing opportunity. I think that Bitcoin will bottom out around $1,200. For all of those who missed out on the last bull run in 2017, and the incredible profits it generated for so many people, here is your chance to take advantage of the next one. It takes a lot of guts to invest into the bottom of a bear market, but that's how the smartest investors in the world operate. The old adage "Buy low, sell high" applies here. Bitcoin has been moving down for over a year now, and all bear markets eventually come to an end, just as all bull markets do. The markets move in predictable cycles. Once you have the technical tools to understand these movements, you learn how to take advantage of these natural cycles. These cycles are driven by human emotion on a grand scale. Fear and greed. I personally believe that Bitcoin at $1,200 is going to generate far more greed than fear in the market. But, you know, I could always be wrong about that. Warren Buffet believes it will keep on going down to 0, and he is one of the greatest investors in the world. Nothing is ever 100% certain in investing. You have to use your own best judgment. That is why I never tell people when to buy or sell. I only share my personal thoughts, and advise everyone to take it with a grain of salt, and to do their own research.

NOTE: This is not investment advice. Everything written here is for educational or entertainment purposes only. Always do your own research before you invest, and never invest more than you can afford to lose.

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~ Seldons Plan

Writer | Crypto Investor | Engineering Student