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More Selling Pressure on BTC ahead

More Selling Pressure on BTC ahead

More Selling Pressure on BTC ahead

More Selling Pressure on BTC ahead

Bitcoin / Dollar BITFINEX:BTCUSD
Thecontrariandaily


More Selling Pressure on BTC ahead

Bitcoin much like some of the names we’ve spoke about like CRWD and UPST is following a similar pattern and structure.

We are expecting some bullish activity to come in to bring Bitcoin back into the 35-37k range but ultimately heading back down to sub 20k is its next move.

18k+ to be exact.

We love Bitcoin & Crypto.. However in this Risk off environment and inflation running hot it will continue to act as a catalyst to drag cryptocurrencies down.

Note: We do have Bitcoin at a million dollars or more by year 2034/35. We will discuss more about our mid/long term outlook on BTC soon however we dont think 18k is the low or bottom of BTC .

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