This Is VERY BAD For Bitcoin.............

The Moon Show

Bitcoin Analysis

  • Bearish divergence and lower high/lower low trajectory indicate a downtrend
  • To reverse the trend, Bitcoin needs to break above $102
  • Potential for a shakeout before the next pump
  • If Bitcoin breaks down and bounces back, it could be a good opportunity to invest

Bitcoin Price Prediction

  • Head and shoulders pattern suggests a potential drop to $78,000 (15-20% chance)
  • More likely scenario: drop to $40,000-$60,000 (60% chance)

Trading Strategy

  • The host has a long position open with a tight stop-loss
  • Risk of getting stopped out is high (70% chance)
  • Recommended exchanges: CoinFlare and Weeks

Altcoins and Ethereum

  • Altcoins are currently cheap and may be a good investment opportunity
  • Ethereum has a potential inverse head and shoulders pattern, but it's not the right time to invest yet
  • Wait for Ethereum to break above resistance before considering a long position

Weeks Token (WXT)

  • The host is investing over $1 million in WXT and recommends others to do the same
  • WXT can only be bought on the Weeks exchange