Bitcoin Drop: Buying Opportunity
"Bitcoin could drop further. I believe that would be a massive buying opportunity. These are the levels I'm looking for. My bear case for how low Bitcoin drops is about $51,000. If this head and shoulders plays out, Bitcoin will reach about $51,000."
ℹ️ In shortA Bitcoin drop to around $51,000 would be a massive buying opportunity if the head and shoulders pattern plays out.
This prediction is awaiting verification.
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Full disclaimer… we use best practices and things will be durable for the future. I look forward to working with you and your team on that. >> Absolutely. >> And I look forward to the clarity act being passed this summer. >> And I'm not the only one sharing this news on the mass manipulation happening in crypto right now. People are starting to document this. So, Bitcoin could drop further. I believe that would be a massive buying opportunity. These are the levels I'm looking for. My bear case for how low Bitcoin drops is about $51,000. If this head and shoulders plays out, Bitcoin will reach about $51,000. This happened three times last cycle. There's only two red lines here, but the third one should be here. And if these bear flags play out, Bitcoin hits $51,000 and then changes course and starts heading up. 51K is my bear case. My base case is actually $61,000 or the 200-week moving average. Historically very good support. And with the stock marke …
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