BTC will fall 99%

16th June 2022, Thursday

I mentioned earlier that bitcoin cash has dropped 78% this year compared to last year. Such a decline in Bitcoin cash has been due to the shadow of Bitcoin or some other reason. But Bitcoin itself has dropped 50%. But what is the current state of Bitcoin?

As it turns out, the price of Bitcoin has dropped about 47% in the last year. So in my opinion, the price of bitcoin cash has dropped 50% bitcoin.

However, it is true that if Bitcoin continues to fall like this, it will not be too late for Bitcoin cash to reach $50- $60.

But it is not too late for Bitcoin to move -99% down.

I'm telling you, how!

Observe the current state of Bitcoin on the Bitcoin Price Chart and try to understand what will happen next! Bitcoin is currently trading at $ 20k. Which crushed from about $ 30k to just 20k. In this case, since trading at $ 20k for about 1 week, now there is a possibility to pump the price of bitcoin to $ 25k. This can be understood by calculating the bitcoin chart.

Will bitcoin price stop at bear $24- $25 in bear market? Then will the bull market start? Then let's see the second chart

Photo credit

The three arrow marks used at the beginning of the line are a bitcoin crush. That crash brought Bitcoin down from $40,000 to $30,000. Bitcoin has been trading between $30,000 and $35,000 for about a month now. Then came the new crush that brought the price of Bitcoin from $30,000 to $20,000 a day. Since the price of Bitcoin has been fluctuating around $20,000 for almost a week now, the experts indicate that there will be a bull run of Bitcoin in the near future which will bring the price of Bitcoin to between $25,000. But that is for a very limited time.

"I would like to say that since Bitcoin Cash cannot be easily freed from the shadow of Bitcoin, if the value of Bitcoin reaches $ 24k- $ 25k, then convert your assets to USDT. Because the price of Bitcoin goes straight from $ 25k to $10k. Will come. In that case it would be better to sell Bitcoin Cash, BNB, ETH, whatever you hold."

This screenshot of Bitcoin's price chart will clearly preview the future of bitcoin.

The latest state of Bitcoin could lead to two states from here,

• As mentioned earlier in the first case, there may be some bull run with limit of $ 24-25k

• Secondly, it will come down to $ 10k, which will be about 90% down from its all time high price.

So, with time bitcoin will down to 99%. So it's a trap if you still holding your money on Bitcoin.

As far as all crypto including BCH under the shadow of Bitcoin, no one can survive from this bear market.

So it's better, to take a break from crypto world.

[Note- it's not safe time to buy any crypto because this is not the end of bear market. The market is going to be worse more than we expected.]