Little flash crash in BTC but probably not the big crash I forecast

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3 years ago

Quick drop in bitcoin but I do not think this is the bear market I warned of. I think from 55,000 BTC will rally to about 74,000. And this is where the real bear market risk will begin.

This dip is probably a buying opportunity.

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Comments

Great

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User's avatar Sadiakhan00008
3 years ago

Will there be a retest of 50k for BTC and perhaps a double bottom?

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User's avatar Pantera
3 years ago

Not usually in this sort of move. This usually makes a sharp low and then goes parabolic. https://www.reddit.com/r/BeatTheBear/comments/mtj3xa/lets_look_at_btc_crash_vrs_spx_march_low/

People should be very careful if BTC now quickly goes to 74,000. The next crash might be real.

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User's avatar flipfx
3 years ago
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