I told you to short bitcoin at $51k and bitcoin price started dropping. I said your support was $48000 and bitcoin price started pumping! Today I give you current key support and resistance levels to watch.
I expect bitcoin to have another major drop very soon which could trigger a crash of 80% hitting a target of around $14k. There is a bearish head and shoulders pattern playing out on the daily that further confirms for me that bitcoin will continue crashing. My btc charts show the bitcoin bear case is playing out. The stock market and bitcoin are both in a bubble that has already popped. Our last crash was not because of Covid-19, that was just an excuse to crash the markets and dump on retail. The second black swan event has already taken place giving market makers, whales and institutional money another reason to crash the markets. My analysis and bitcoin chart prediction shows bitcoin is in a bubble and the 2021 bitcoin bubble has already popped, we are currently in nothing more than bull trap. The bitcoin bull run has ended and the bear market has begun. There is no super bitcoin hyper cycle! If you think btc will continue pumping to the moon, I have bad news for you! I use chart technical analysis to show key bitcoin support and resistance levels to know when to buy and sell, long and short. these btc charts are for swing trading.
