Bitcoin down to $10k, then short squeeze up to $30k, then $5k
Update on my previous posts, i.e.
We'll we got the crash we had been waiting for since 2021.
Bitcoin is in the process of crashing down to $10k and it's just a matter of a week or two.
Then I expect very swift short squeeze up to $30k, most likely it will be caused by people capitulating from Tether into real coins like BTC.
Once we the short squeeze is over another crash down to $5k is in the cards.
Overall the direction is down Bitcoin is gonna be worth $5k per coin this summer and Microstrategy will be bankrupt.
Mark my words.
P.S. I was wrong with the timing - expected summer 2021, it happens in 2022 but who cares.
Bitcoin is in the process of crashing down to $10k and it's just a matter of a week or two.
Then I expect very swift short squeeze up to $30k, most likely it will be caused by people capitulating from Tether into real coins like BTC.
Once we the short squeeze is over another crash down to $5k is in the cards.
Overall the direction is down Bitcoin is gonna be worth $5k per coin this summer and Microstrategy will be bankrupt.
Mark my words.
P.S. I was wrong with the timing - expected summer 2021, it happens in 2022 but who cares.
Comment:
Mike Saylor along with Microstrategy will be the biggest losers.
Beware of "stablecoins" I have a hunch that Tether will implode.