Insights

BTC Going DOWN?

We are in the midst of a probable BTC Bear market. What will confirm the bear market is a close below $38K Sunday night. If we close at any level below this we are almost assuredly going to fall dramatically. $12K to $20K will likely be the absolute bottom of this bear cycle if something unexpected doesn’t happen. This is not a “Do or Die” situation, this a “Do or Dip” situation. The market will go to sleep and enthusiasm will drain out along with funds as non hodlers bail out while institutional investors slowly accumulate over a two year period before the market will turn back around. If this comes true we are going to have a bumpy road downwards. This is it folks, this weekend will determine what our odds are for the future, Be careful with your decisions, and set your stop losses.

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