In this video I show what indicators you need to watch to know if bitcoin will continue pumping or start dropping. If we get a pump I show the highest point I think btc price can go before a major rejection that will initiate and major drop which could trigger an even larger bitcoin crash. You need to follow the indices and the US Dollar.. If the stock market is bearish and the DXY is bullish the is very bearish for bitcoin. I think this current bitcoin pump is nothing more than a bear market rally aka another bull trap. My technical price analysis and 2022 bitcoin price prediction is that we are in a bear market or more precisely am everything bubble that has popped. I believe once bitcoin tops out the price of bitcoin will continue crashing to targets lower than most expect. I believe the bitcoin bottom is not in and the next 50% correction is coming very soon!
Website to access these live charts: https://opticalartcrypto.com/
BitGet affiliate link: https://partner.bitget.com/bg/Eruaqa
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#bitcoin #bearmarket #bitcoincrash
This is not financial advice! these are only my views and opinions of where I think the market may be headed. Crypto Currency is a very risky asset, always do your own research before ever considering investing or making a trade.