It looks like bitcoin is about to take off!
And then crash.
Be pronounced dead.
Recover, and go up forever more.
It looks like bitcoin is about to make a big move from where its at now to about $37,000 - $39,000, over the next two months. And then there will be a MAJOR pull back.
I am expecting this move based on more news in the financial markets, and a resulting flee from fiat.
And then, the market manipulators will throw everything they have left at it, and crash the price.
Then bitcoin goes up and up for the rest of the year.
(yeah, yeah, yeah, we've heard this all before)
So, what is different this time?
That the market riggers do not have much ammunition left to fire at cryptos.
We all have seen the mockery of crypto the SEC is trying to do. The SEC suing everyone they can, including two big players in the dollar to crypto market. Whatever becomes of these law suits, a judgement will be handed down, and then we will know the rules to play by.
Maybe XRP's law suit will reach a judgement. Or even be thrown out. And that will domino through all the other SEC legal actions.
Wouldn't it be great if the SEC is found to be in violation of their mandate?
Or it is shown that the SEC itself is an organization for the manipulation of markets?
Either way, this all gets cleared out about the same time bitcoin crashes... or because of it, or in response to it.
Anyway, that is my big news. Bitcoin is going up near $39,000.
So buy some bitcoin, and be sure to get out of it before the big drop.
Anyone got any ideas of what to get out into?