In the last video I told you to short bitcoin around $42.3k and bitcoin price started dropping from that target. The last bitcoin pump was just another bull trap to trap longs before btc started dropping again. As I stated in my previous videos $42k would be a top and its down from here.. Your next major resistance is now $41.8k and an ideal point to short bitcoin. My 2022 bitcoin prediction and technical price analysis shows that we have entered a 2022 bear market and the bitcoin bottom is not in. The bull run is over, when bitcoin price starts pumping its just short squeeze before another dump. Bitcoin will have bottomed when BTC drops 80% from our all time high. Once Bitcoin gets below $40k it will be a long time before we see bitcoin above that point. And once we break below a certain support level that is when bitcoin will crash and the 2022 capitulation will begin. These charts are bitcoin swing trading bitcoin to know when to long, short, buy and sell.
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 2.07
This could be the top for Bitcoin and its down from here! https://youtu.be/gzgmJ6o49kA 9.30
#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.