The Cryptocurrency market is in a vulnerable position right now and I believe prices will break lower, making a deep dive towards $20K in BTC—representing another 50% decline in prices.
I think another deep decline would actually be healthy for the long-term Crypto Bull to continue for another couple of years!
Why do I think so? In this video, we will learn –
- Why a deep pullback is needed from a long-term bullish perspective (Monthly chart).
- Various reasons why the likelihood of a deep dive in Crypto prices is high.
- The “Rule of Three” and why forced liquidations can be an important leading indicator that is un-correlated to price.