BTC to $5825 or Lower
Traders, from a macro prospective, and with no insiders information, so take this with a grain of salt. When I first purchased BTC 0.49% at $200 I thought that was expensive. I'm glad I was wrong cause the market showed me BTC 0.49% is unstoppable. Has opposed to hoarding it, I used it primarily for simple micro payments online on sites that accepted it. Long story short, I used all my BTC 0.49% and only focused on Stock market trading.
Bought Alibaba BABA,. when everyone was afraid of touching it because it was a Chinese stock. I watch mainstream media saying they weren’t sure if they could trust China, I now live in Asia Pacific and traveling back and forth to China, I know I can trust the Chinese Government to do whatever it takes to create a E-Commerce giant. and same go for Twilio Inc -2.94%.
Made those statements to say, This could be the market reevaluating BTC 0.49% and Altcoins true values, or price manipulation at its finest. It's very interesting to look at it though, because there should be no reason why the price should be crashing with overall positive outlooks from Governments, corporate and Wall Street.
So, I say This is not financial advice, Please Take this with a grain of salt And if you can buy the dips. Only time will tell if we can recover in a relatively quick manner weeks instead of months or years.
The overall crypto market sentiment is Getting more and more positive each passing day. Excluding recent VERG and other smaller cap 51% attacks, Which I still see as outliers. Now to add more reason to be bullish , The impending stock market crash it's imminent months or year, Could bolster crypto market and add new price action To These new assets Which we call crypto.
Be afraid when everybody is brave, and be brave when everyone is fearful. I see blood on the street, And I can't help it but to continue buying more cost averaging down, Maybe this is the way I go broke Or maybe, just maybe this is the way we gain true Financial prosperity.....
I still believe BTC 0.49% will hit 17,763 with 4-8 month old…….. Hence, never stop accumulating, and always have an exit plan before entering any trade. Make sure you have your guidelines and make sure the tray check all the boxes before entering. Play safe people....
\RSI Shows Oversold, Strong Bear Signal, Direction of the trend....
Trade with the trend and not against.....
If BTC 0.49% goes below the blue rectangular box I can see it going even lower......
And for all that is Holy Please, Stop chasing 1000x Returns, this is a long term play.
Coming soon BTC Bottom...
Could this be the bottom all of us have been anticipating...?
Pay close attention to the blue box at BTC drop pass it Without immediate reversal I see us making lower lows.... going Lower...
Trade safe people......
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