Bitcoin: is it going down? More than likely!

Bitcoin May be headed Lower before Higher!

It has to be said. I know I don't like to be the one to point out the elephant in the room, excuse me. I meant the elephant on the charts. Anyways, looking at the chart or the more in depth explanation posted on Trading Views site:

You seen the green line indicating a downward fall. The last two movements downward were very similar in nature, enough so to indicate that the next move down will lean on the lower side in my opinion.

The green line that is the level after the downward green line clearly indicates the length of the last downward sideways action. We are currently at the point that we will find out if the downward trend possibility becomes a reality.

Bitcoin Influencers are starting to turn bullish, a lot of great news for the crypto industry keeps coming out which drives the Bullish narrative. Even Dirty Gerry Gensler had to show out for this one, he publicly stated that Bitcoin is not a security.

While that may come as a surprise to Mr. Gensler I think I speak for the majority when I say, "We already knew that!" This could potentially be extremely Bullish for Bitcoin. The thoughts that Gerry can't wreck your portfolio like he did XRP holders along with plenty of others.

Than you have to wonder why projects like Do Kwon's just seem to float under the radar? Who's lining there pockets with people's hard earned cash?