In the last video I gave you a perfect point to short bitcoin.. that target was hit almost to the dollar and bitcoin started dropping. I think it is very possible bitcoin is topped out and we will drop from here to much lower targets. I went into detail why $42k was such strong resistance and why it was the prefect point to short bitcoin. While yes bitcoin price has been pumping you will notice btc price is struggling to get back above $42k. I believe the bull run is over and my 2022 bitcoin prediction is that we have entered a bear market, this was the final bitcoin bull trap & short squeeze before we have more downslide leading to a crash and the final bitcoin capitulation. We had a pump with the stock market which is the reason bitcoin pushed up. I think both bitcoin and the Indices will have a major drop soon and the bitcoin bottom is not in yet. These charts and my technical analysis help you know when to long, short, buy and sell bitcoin for swing trading.
Website to access these live charts: https://opticalartcrypto.com/
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If Bitcoin gets above $42k I’ll become a Bulltard Moon Channel! https://youtu.be/b-h8tf_o4ZU 2.06
#bitcoin #btc #bearmarket
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.