Bitcoin / TetherUS
Short
Aggiornato

Bitcoin - Why is everyone wrong + 48k in September! (must see)

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While the majority turned completely bullish at 82k, I remained sober and predicted this drop! Bitcoin is heading towards 48k in the next few weeks/months, so prepare for a huge crash. We will probably see a huge liquidation of retail traders and some of the popular exchanges. Your funds are definitely not safe on an exchange during strong bear markets like this. Because of crypto regulations in EU, many people are quitting crypto or switching to DEX exchanges. We can say with certainty that the EU completely destroyed and limited crypto for everyday life, that's one of the reasons why we see these drops. Outflow from the crypto market is huge, and people are starting to use cash instead of digital currency. It looks like people started to disconnect from the digital world and appreciate the real physical world. We know that with crypto, a government can take total control of your money and, therefore, life.

From a technical point of view, Bitcoin is currently in a very bad situation because the price is now below 2 major channels on this chart. This is called a double breakdown. and we may see a significant crash in the next days. I am not really buying any bitcoin at all, even though the next support is 60k - I am still not interested. I know that Bitcoin is heading towards much, much lower levels. 48k is very likely at this point, but we can go even lower to 40k or 30k potentially. We know that the banks completely control the price of Bitcoin, so they can very easily push the price down in 1 day by 20% (like they did it many times before on Bitcoin). What they do is they start selling on futures, and this triggers a massive liquidation of retail traders. All ETF investors will be in a loss because the price will be at the all-time low. That's devastating for the crypto space.

Write a comment with your altcoin + hit the like button, and I will make an analysis for you in response. Trading is not hard if you have a good coach! I am very transparent with my trades. Thank you, and I wish you successful trades!
Trade attivo
The market is free falling, finally we see good price action. Soon 60k! This is the first support.
Trade chiuso: obiettivo raggiunto
Since I posted this post, Bitcoin dropped by 13% ! What a call. Take some profit here as usuall, waiting for 60k soon!

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