SamuZai
My Sports Gematria
My Sports Gematria

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Will Bitcoin Ever Go Back Below 10K?

Back in February of this year, around the 23rd, I made a public post here on Patreon early in the 2 am time frame asking who is watching Bitcoin flash crash...... at that time Bitcoin crashed 20% in 24 hours and I was just watching it go down. At that time I also mentioned that if I told you Bitcoin will go below 10K again, would you believe me? I personally think we are going to see closer to a 90-95% correction, give or take, after it's all said and done (3k area - - - Ethereum below 100 dollars.... Litecoin below 40$). 


In February my message was this: If everyone told you to jump off a bridge, would you do it?? Because everyone in the general public, from absolute nobodies to celebrities, is telling you to invest in Bitcoin and crypto. The problem with this is I can't think of a single example in human history where the general public all become millionaires together all at once... can you? If not, what makes you think this time is the exception?


After the high of 58K for Bitcoin in February, since then, Bitcoin has climbed only 5k higher to around the 63K mark in April, and one thing I urged in the comment section when people asked is..... if you are someone who has bought Bitcoin above the 20K mark and you haven't taken profit in February, or at any point in time, you will lose it all. Nobody should have been buying bitcoin above 20k, let alone 30 - 40 - 50 and even 60K. The only time to buy was exactly 1 year ago when it was below 4K. And one of the points I made is... I would rather be a few months early (from the sell-off) than a day late. And those of you who were a part of my Patreon during a special time last year saw my post in March 2020 when Bitcoin was around 6k and I told you to get ready because it was heading below 4K, which it did shortly after (here is the YouTube video I made about it around new years https://www.youtube.com/watch?v=FOZYYrejkp8). 


Bitcoin is now hovering in the 43/44K range right now and it will go down below 10k again eventually. The bulls originally showed up around the 38K mark so that will be significant resistants' for Bitcoin if it decides to head below 40k sooner than later. They are going to want to liquidate the smarties who see the fall coming and want to short it, so I can imagine Bitcoin bouncing up again to the 50-60K range, maybe even break a new high to sucker you all in FOMO and to kick the shorts butts for trying to time the market..... and the BAM, down goes the ship. 

Comments

My theory is since everyone is dumping money into crypto and stocks the ship will sink when we do see the 90-95% crash. The crypto and stock market are hiding inflation and the "money" being "invested" will be wiped out.

Henry

The original players in bitcoin like Jeff Burwick have plotted an atomic swap out of bitcoin and into Piratechain or Monero which are untraceable from regulatory bodies. That may have a big impact upon bitcoins price but with the banking cartel, Federal Reserve, and a figurehead of Lone Skum they have the power to manipulate it as they do the petrodollar.

John Maklezow

I think Bitcoin is like Myspace in a way yea... which was eventually replaced by Facebook, then twitter, Instagram ect ect.... however, dogecoin? eh... I get that its a funny joke and as I echo what I wrote in this post, if everyone told you to jump off a bridge would you do it? or shall I say, if Elon Musk told you to jump off a bridge...... but there are tons of coins way better than doge in comparing the technology that it's capable of doing. Realistically, we could be looking at a potential regulated market in the future where the governments' Fed coin replaces all of them

My Sports Gematria

I think they are going to replace bitcoin with dogecoin

Aaron Diamond

When the stock market fell out last year over the covid shut down, we saw everything fall... stocks, crypto, oil, precocious metals, it will be no different, if bitcoin falls, they all fall. Now that doesn't mean after the fall it won't ever go back up because it will

My Sports Gematria

Doge = 22 maybe it really blows up next year.

Aaron Diamond

at the very least pay yourself out by taking profits, depending on how much you have invested and at what price... if you bought Ethereum when it was below 300$, you're fine, you can sell some and hodl and won't lose your ass. But if you bought Ethereum after its been above 1K this entire time... you are definitely playing with fire and I would suggest you start getting your exit strategy together and ready

My Sports Gematria

when bitcoin was below 4k last year, doge was 0.001

My Sports Gematria

So should I sell Etherum ?

Renzel718

What about Doge?

Hound dawg 38


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