Bitcoin/USD rates (November 8th 2020 through November 26th 2020)
Low: $1,860-$2,150
High: $15,888
This is going to be an extremely unpopular opinion. I believe a crash is coming and Bitcoin could drop to $7,100 range, or even as low as $2,150-2,500. This is intended to be highly speculative, but also as a warning to those who are new to this. It won't be believed, until it happens, if it does. So just take this with a grain of salt :) It could get very nasty in terms of loss and fear. The bitcoin greed index is at crazy highs once again, something big is coming in my eyes. Yesterday's downward move seems to be confirmation to a model I used to predict the general outcome of the last few weeks. Check the related ideas for more progress updates.
Thanks for tuning in :) Disclaimer, anyone in the trade needs to do their own due diligence and decide what is right for YOU. My charts can be wrong at any time and it's very important that you have your own strategies and plans in place. I run this channel for my own educational purposes of learning to trade, and I will never be 100% right, so please do not let me confirm any bias for you! (Dangerous to do so, stay safe and remember the basics & rules of risk assessment.) Expect the unexpected and happy trading!
Low: $1,860-$2,150
High: $15,888
This is going to be an extremely unpopular opinion. I believe a crash is coming and Bitcoin could drop to $7,100 range, or even as low as $2,150-2,500. This is intended to be highly speculative, but also as a warning to those who are new to this. It won't be believed, until it happens, if it does. So just take this with a grain of salt :) It could get very nasty in terms of loss and fear. The bitcoin greed index is at crazy highs once again, something big is coming in my eyes. Yesterday's downward move seems to be confirmation to a model I used to predict the general outcome of the last few weeks. Check the related ideas for more progress updates.
Thanks for tuning in :) Disclaimer, anyone in the trade needs to do their own due diligence and decide what is right for YOU. My charts can be wrong at any time and it's very important that you have your own strategies and plans in place. I run this channel for my own educational purposes of learning to trade, and I will never be 100% right, so please do not let me confirm any bias for you! (Dangerous to do so, stay safe and remember the basics & rules of risk assessment.) Expect the unexpected and happy trading!
