BITCOIN BREAK DOWN $3100 -$2600 Than $1600. (ARCANE BEAR)




#bitcoin #blockchain #crypto
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46 Comments

  1. If we look at the charts, tether started printing money @2017. Prices were roughly $600-1200 before that so……. Assuming demand remains constant it should be roughly that range.

  2. I dont really think, that bitcoin will go down so far. Imo bitcoin will go up soon again. Besides Bitcoin i think a lot of alt coins will rise to the moon. My favorite altcoin is defintely Bitcore (BTX). Great tech (faster and lower transaction fees than Bitcoin) combined with a great team. For sure its worth to learn more about it on bitcore.cc

  3. Tijo, don't understand where from you get this number 2600-1600, when we hear that all the Wales are buying in bulk.
    The big big institute are buying OTC market. Billions of $ BTC is going to big Wales . So how come the price gonna go down.
    What's your reason ??

  4. I wish I understood why the financial markets seem so closely tied. It's completely opposite of what we would expect logically to see. Money fleeing from A system that is collapsing and going into a system that will gain value. At this point it just seems like everybody's jumping out into Fiat that will be worthless if the collapse fully occurs anyways

  5. I just ran a Spaghetti-O chart on the 500 day moving average. Based on my research, BTC will be range bound between 0 USD and 1,000,000 USD for at least the next year. You are welcome, interwebs

  6. I do respect your opinion however, I have to say someone who was bullish much of the time (or at least expecting a much quicker turnaround), now calling for $800 is the first bullish sign I've seen in a long while.

  7. All this sounds dangerously like a neo Marxist lunatics propaganda. People like him are the reason why crypto is a toxic scam

  8. Unless there's something fundamentally wrong with the bitcoin ecosystem I can't see it at $1,600 given that bitcoin is even more well known than what it was 3 years ago. I can see bitcoin falling only if a solid competitor emerges as a better digital currency. I think the real bottom is when "at what price will everyone buys back in?" People that sold at $8,000-10,000 will start buying back in at $2,000. There are finite amount of bitcoin.

  9. You think this is the beginning of the end? I would think that it could be 10 years before people see Bitcoin's value vs Fiat's weakness.

    Additionally, I'd be surprised if the Austrian dream comes true, which is essentially what you are saying. Don't get me wrong I'd like it to happen , but its unrealistic to assume it will. It's more likely Bitcoin will be a gold like commodity.

  10. We are beings on a ride to enlightnement – our experience of daily life is based on all past life actions… If one can remember this and know to respond to negative things positively… Over time and possible future lives True Enlightnement/Happyness is the only experience you will experience. Bliss! many blessing to you and your family!

  11. The human population bubble is going to pop along side the debt and cheap energy, when the dust settles on this reset probably half the worlds population will be gone and those left behind will be forced to re learn how to be sovereign, to take responsibility for their own health their education for their family and for their community.
    i live in the UK and have witnessed first hand what happens when the nanny state no longer provides, big government begets big expectations and sense of entitlement and proportionatly a feeling of anger and violence when gthat support disappears

  12. You are right looks like it is only going down from now on because of the sentiments I don’t see anyone sane beeing positive anymore, only some coolers that are buying time for the big fish to sell

  13. I'm really starting to feel that we have to be patient until some of this shit takes place:

    1. We begin a new recession (much stronger than 2008), which is in the works… keeping in mind the BTC never existed in a recession.
    2. Global currency collapse, so that BTC is actually spent, rather than sold/exchanged for fiat. As long as fiat is around, BTC will continue to be volatile for the time being.
    3. Real, proper and organic lets call it, big investor money who worry about security/ownership/storage and all the rest of it.

    Cheers Tijo

  14. Solid overview of the situation in 10 min!! What do u think abt TA and a self fulfilling prophecy? If we all see the same charts and listen to 'similar' bear predictions and price points, isnt that hammering nails in the coffin? Maybe its us humans just tryna keep up with bot trading algorithms.

  15. Hi arcane hope your well pal. Do you think it will cross the 200 weekly average. I think it's about 2800 Mark. If bitcoin does cross the 200 weekly average. It would be the first time since the beginning of bitcoin.

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