Wary Crypto Investor

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Wary Crypto Investor

Wary Crypto Investor

@WaryCrypto

My Perspectives on #FinancialMarkets & #Crypto • B.S. Purdue University Civil Engineering • MBA @UCBerkeley • No financial advice here, folks.

가입일 Kasım 2021
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Wary Crypto Investor
Wary Crypto Investor@WaryCrypto·
#Bitcoin is under $80,000. We are probably in the initial phase of a significant decline for both the #crypto as well as the #stockmarkets worldwide. Tomorrow (Monday) will possibly be brutal. TBH I am surprised that it took this long for this crash to happen, especially for the stock markets.
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Wary Crypto Investor
Wary Crypto Investor@WaryCrypto·
Tough times are in, once again. My post from 20 Dec 2024 has unfortunately, but predictably aged well. #Bitcoin tried hard, but the inevitable has happened, albeit about 2 months late. Is this the end of the #CryptoBullMarket ? Possibly and very likely.
Wary Crypto Investor@WaryCrypto

Bitcoin is slightly above $92,000 right now. If it goes lower than $91,000, and it most probably will, expect further and faster price declines to follow. More severe and more significant #BitcoinPriceCorrections are very likely. Even a sub-$80,000 #Bitcoin is very likely.

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Wary Crypto Investor
Wary Crypto Investor@WaryCrypto·
Bitcoin is, once again, showing significant signs of weakness. The 24-hour price decline for #Bitcoin is at 6.3% but further declines are possible. There is a lot of indecision among investors. The lack of a pervasive #altcoinrally is troubling. A great deal of uncertainty looms.
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Wary Crypto Investor
Wary Crypto Investor@WaryCrypto·
This is a major price decline for #Bitcoin… as predicted in my Dec 20, 2024 post. Further declines are still very likely. Tough times…
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Wary Crypto Investor
Wary Crypto Investor@WaryCrypto·
It is likely that #Bitcoin may exhibit a price behavior very similar to that in Q2 of 2021 and thus experience a #significantcorrection in the next several weeks or maybe even months. There is a great deal of weakness in the market sentiment. Tough times ahead.
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Wary Crypto Investor
Wary Crypto Investor@WaryCrypto·
Here is a closer look at where #Bitcoin is right now. It is not looking very good. Very likely to see further declines for several weeks before any solid move up. Chart from @NorthstarCharts
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Wary Crypto Investor
Wary Crypto Investor@WaryCrypto·
#Bitcoin is still showing signs of weakness and exhaustion. Very likely to experience further significant #pricecorrections and #volatility in the next several weeks. In the best case scenario, it may take several weeks for any new decisive move upward for Bitcoin.
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Wary Crypto Investor
Wary Crypto Investor@WaryCrypto·
Bitcoin is slightly above $92,000 right now. If it goes lower than $91,000, and it most probably will, expect further and faster price declines to follow. More severe and more significant #BitcoinPriceCorrections are very likely. Even a sub-$80,000 #Bitcoin is very likely.
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Wary Crypto Investor
Wary Crypto Investor@WaryCrypto·
If #Bitcoin goes lower than $91,000, and it most probably will, expect further and faster price declines to follow. We are at about $97,000 right now, but more severe and more significant #BitcoinPriceCorrections are very likely. Even a sub-$80,000 Bitcoin is very likely.
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Wary Crypto Investor@WaryCrypto·
Hmmm.... Actually, it looks like #Bitcoin may be repeating what it did in Q2 of 2017... and it will, most probably, go much lower than $95,000... probably even much lower than $90,000 ... so many indicators point to a clear and significant weakness in the #cryptomarket . Both Bitcoin and altcoins will very likely fall much further... Tough times ahead, indeed.
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Alex Becker 🍊🏆🥇
Alex Becker 🍊🏆🥇@ZssBecker·
Relax. Chill. Take it easy. Bitcoin is never going under 95k again. Support is titanium. It’s a hard fact. Never again in history.
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Wary Crypto Investor
Wary Crypto Investor@WaryCrypto·
It looks like #Bitcoin may be repeating what it did in Q2 of 2017... so this may be how 2025 may play out as well... Significant #pullbacks are an organic part of any #cryptobullmarket ... Bitcoin would not be able to reach new highs without them...
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