BTC/USDT ANALYSIS
Seeing this downtrend some things look to be changing.
I know, right now nothing but red candles showing up, but things might change soon.
We started making new lows, but bitcoin will eventually make it back to its previous highs.
There might be a pullback to 40k-42k but that could be temporary.
I think we will see the previous bottom 29k.
There is a very little chance that we are going to zero.
My logic is there is 95% chance that we will go back to the ATH.
For most intelligent investors it's an opportunity to buy at a very heavy discount.
-50% from the previous ATH!
Being very conservative 70k could happen in 2-5 years.
We all know how volatile bitcoin and other crypto currencies can be.
Maybe the bounce back up could happen in 2-5 months.
This is the time to average positions on your holdings.
I know, right now nothing but red candles showing up, but things might change soon.
We started making new lows, but bitcoin will eventually make it back to its previous highs.
There might be a pullback to 40k-42k but that could be temporary.
I think we will see the previous bottom 29k.
There is a very little chance that we are going to zero.
My logic is there is 95% chance that we will go back to the ATH.
For most intelligent investors it's an opportunity to buy at a very heavy discount.
-50% from the previous ATH!
Being very conservative 70k could happen in 2-5 years.
We all know how volatile bitcoin and other crypto currencies can be.
Maybe the bounce back up could happen in 2-5 months.
This is the time to average positions on your holdings.
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