It looks like Indices and Stock market has topped out which means bitcoin could a have a major drop very soon. I you will notice the VIX aka the S&P500 volatility index just found support and its pumping.. This is bearish for markets meaning the Indices could start dropping soon. As bitcoin follows the indices this is also bearish for bitcoin. If the stock market starts crashing this will caught bitcoin to crash much harder. On the flip side if the markets turn bullish and start to pump, this means btc will starting pumping as well. My technical analysis and 2022 bitcoin price prediction is that the bitcoin bottom is not in. We are experiencing nothing more than a bear market rally aka a bitcoin bull trap. I believe we are in an everything bubble that has just popped and capitulation is around the corner.

    Website to access these live charts: https://opticalartcrypto.com/
    BitGet affiliate link: https://partner.bitget.com/bg/Eruaqa

    Simulated Bitcoin & ETH leverage trading Bitget Tutorial https://youtu.be/xwEAPJo4zCQ

    Bitcoin Bear Market Rally! Are we Topped for a Crash? https://youtu.be/J4LmW-zQ3aw

    #bitcoin #bearmarket #bitcoincrash

    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.

    25 Comments

    1. everyone ask me what! you up %120 on you account!!! in this bear shit market i always say 4 words sub to optical art thx πŸ™ man

    2. Thanks a lot for this Steve, really appreciate it! By any chance could you do an LTC chart too (or do you have that as part of your paid charts?)?

    3. Doesn't seem to work for me. I triple checked every coordinate and it doesn't look the same at all. For example, there are no white trendlines above current price at all like on your chart. they are all below. The fib lines sort of line up though so I'll give those a go. I guess if we go down it won't really matter there are no trend lines above. What I would recommend is locking the fib channel and trend lines because if you accidentally grab a fib or trend channel line to move the chart around it may pick one of them up and move them around.

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