Bitcoin price dropped from $51k and found support at $47.5k
In the last video I told you bitcoin was about to drop and to get out! Bitcoin topped out around $51k and started dropping. I also told you our next support level was at $47.5k, as you can see we found support there currently. Question is: will that support hold and will bitcoin start pumping from that point? Hopefully you guys sold or shorted $51k and were able to take profit at $47.5k. We are clearly forming a bearish head and shoulders pattern on the daily, if this breaks down welcome to the bear market. An epic 2021 bitcoin crash in about to take place very soon! Bitcoin follows US markets, if markets are bullish this is bullish for bitcoin. I think its very possible we are entering a bear market while most still believe we are in a bull run. IMO The bitcoin bull market is over and are now entering a bear market. Bitcoin price has been dropping from our previous all time high. Why has btc not starting pumping higher if price action is so bullish? My bitcoin prediction shows we could start crashing at any point! My bitcoin price analysis and chart prediction shows bitcoin is in a bubble and the 2021 bitcoin bubble has already popped.
Website to access these live charts:
Bitcoin Price Crashing! GET OUT NOW! $20k drop target incoming! 12.30
#bitcoin #btc #cryptocurrency
This is not financial advice! these are only my views and opinions of where I think the market may be headed. Crypto Currency is a very risky asset, always do your own research before ever considering investing or making a trade.