Major crypto bear market may be about to begin

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2 years ago

This is a follow up to my warning I began to post when BTC was just over 50K and persistently posted in 60K saying BTC would not go over 70K before a crash. Real risk of serious bear market: Portfolio protection tips. (read.cash)

The risk of a second crash now is incredibly high. Very, very high. The risk reduces significantly above the highs, but this is a time to protect yourselves.

Here's a body of recent work I have on BTC bull trap risk.

https://www.reddit.com/r/BeatTheBear/comments/p21phl/btcs_eerie_similarities_to_the_dji_1929_crash/

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What a difference a bounce makes ... : BeatTheBear (reddit.com)

-https://www.reddit.com/r/BeatTheBear/comments/pgpc84/nasdaq_2000_bull_trap_vrs_btc/

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BTC current chart vrs March crash chart : BeatTheBear (reddit.com)

Crash risk is BTC can go under 15K. Potentially staying down for a prolonged period of time. The amount of time this crash takes to recover can potentially be 5 times that of 2017.

Do not tip me. If you want to say thank you, spread the warning.


Read all my work on crash analysis and trade plans here A numbers game: A mathematical look at historical crashes [Mega thread] : HoleyProfit (reddit.com)

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I think that's the high. 51,900

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