BTC | Bullish Short term, VERY Bearish midterm, Bullish longterm
I am bullish in the short term, VERY bearish in the mid term, and bullish longterm as usual.
We could potentially see the completion of wave 5, or otherwise known as the "retail wave".
In this wave euphoria is going to be through the roof. You will start to hear of unrealistic and insane price predictions. Do not be deceived.
I will be looking to short around $80k and add heavier upon confirmation.
2022 will be very bearish. Many people will be wiped out. Every crypto influencer will die out. Tether could finally be exposed, and the FED could finally end the money printer. Just do not leave your interest. by early 2023 we could see a price as low as $5k-$10k. This will be the lowest you will ever be able to purchase a single Bitcoin (ever - imo). However, in the moment you will be hesitant, you will have thoughts in your head saying "maybe this was a scam?". Do not let your emotions block you from a buying opportunity of a lifetime.
From $5k-$10k, by 2026 I am projecting a price of $250k+
As recent as last year, Bitcoin was as low as $4k. Do not listen to anyone who says going back near those price levels is unrealistic. Do not be deceived. If you are hesitant to believe going back to those price levels that is a signal that you are emotionally invested and chances are you are going to make an investment decision off emotions instead of reality. The majority of you did not buy at those levels, your emotional reaction should be positive in that regard.
If you are holding Bitcoin and it goes to those price levels. DO NOT panic sell. It will be the worse decision you will ever make financially.
- Matt
If you have questions feel free to comment them below.
We could potentially see the completion of wave 5, or otherwise known as the "retail wave".
In this wave euphoria is going to be through the roof. You will start to hear of unrealistic and insane price predictions. Do not be deceived.
I will be looking to short around $80k and add heavier upon confirmation.
2022 will be very bearish. Many people will be wiped out. Every crypto influencer will die out. Tether could finally be exposed, and the FED could finally end the money printer. Just do not leave your interest. by early 2023 we could see a price as low as $5k-$10k. This will be the lowest you will ever be able to purchase a single Bitcoin (ever - imo). However, in the moment you will be hesitant, you will have thoughts in your head saying "maybe this was a scam?". Do not let your emotions block you from a buying opportunity of a lifetime.
From $5k-$10k, by 2026 I am projecting a price of $250k+
As recent as last year, Bitcoin was as low as $4k. Do not listen to anyone who says going back near those price levels is unrealistic. Do not be deceived. If you are hesitant to believe going back to those price levels that is a signal that you are emotionally invested and chances are you are going to make an investment decision off emotions instead of reality. The majority of you did not buy at those levels, your emotional reaction should be positive in that regard.
If you are holding Bitcoin and it goes to those price levels. DO NOT panic sell. It will be the worse decision you will ever make financially.
- Matt
If you have questions feel free to comment them below.