BITCOIN IS GOING TO BOTTOM LIKE THIS
IT IS FORMING A CUP NOW
IT WILL BE REJECTED ON 1ST ATTEMPT
SHOULD TEST BOTTOM OF RED LINE THEN (SAR) STOP AND REVERSE TO RETEST BOTTOM
REJECTION WILL HAPPEN FAST AND THIS WILL THEN FORM INTO A HANDLE AS IT BLEEDS AGAIN
IN BEAR MARKETS THE WEAK WALK AWAY OR BECOME THE STRONG AND THE STRONG WILL SURVIVE AND I BELIEVE THRIVE
BITCOIN COULD REPRESENT AS MUCH AS 50% OF YOUR TOTAL ASSETS BUT NO MORE AND AS LITTLE AS 15% ALLOCATION WILL MAKE A DIFFERENCE. YOU DONT JUST LOOK A GIFT HORSE IN THE MOUTH THE TIME TO PREPARE IS NOW NOT WHEN BTC IS ABOVE $7,500. ONE LAST THOUGHT WHY IS EVERY WELL KNOW BANKER OR CEO AND GOVERNMENT OFFICIALS EVEN MAKING REMARKS ON BITCOIN AND CRYPTO WHEN IT IS ONLY A MARKET WORTH AROUND $100,000,000,000 AND DEBT MARKETS TOP $200,000,000,000,000. AND GLOBAL ASSETS TOP $71,000,000,000,000. ITS BECAUSE THEIR WORRIED THAT THEY WILL LOSE CONTROL OVER MONEY. BITCOIN IS JUST A SMALL BLIP COMPARED TO THESE MARKETS. THE INTEREST ON USA NATIONAL DEBT IS AROUND $365,000,000,000 A YEAR OR ONE BILLION A DAY AND THAT IS WITH THE FED ARTIFICIALLY PUSHING INTEREST RATES DOWN. THE TEN YEAR NOTE YIELDS 3% AND IT WAS 14.5% WHEN I WAS BORN, SO LETS JUST PLAY A GAME...... LETS SAY INTEREST RATES GO TO 9% BECAUSE THE FED STOPS PRINTING MONEY TO BUY THE DEBT OF THE USA .......THAT WOULD MAKE OUR INTEREST ON THE DEBT SKYROCKET TO OVER ONE TRILLION DOLLARS A YEAR. SO YOU PICK BITCOIN A DEBT FREE PEOPLE CURRENCY OR THE USD A DEBT RIDDEN TIME BOMB.....AND THEY SAY BTC IS THE FRAUD HA HA
