CoinSignals

Bitcoin correction to $20k to $30k from $50k

Short
BITSTAMP:BTCUSD   Bitcoin
#BTC Forecast

5 Reasons bitcoin will crash 30-50% in next 3-4 Months.

1. Technical Correction monthly RSI is about to get overbought like 2017 peak.

2. Big Stock market crash/scam might affect Crypto.

3. Instability in market due to lawsuits like XRP against the Tether.

4. Government Intervention / CBDC or New Coin.

5. Bitcoin Seasonality March is historically most bearish month for crypto.

Considering all above facts we are expecting bitcoin to reach $30k - $20k.

Despite all these the Bitcoin can reach minimum $100k -$150k mark by end of 2021.

📊 For Free Crypto Signals join :

t.me/Coin_Signals

🌐 Website Url :

CoinSignals.io
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.