WOW! What can I tell you it’s been a HORRIBLE week for Bitcoin and crypto, but please don’t lose hope…
Bitcoin is down by 33% this week and currently trading around $4,380, people are panic selling and the entire crypto market is down 60 Billion the past week where almost all cryptocurrencies register double digit losses.
I believe the manipulators were waiting for the right time to crash the market, and the war of Billionaires with Bitcoin Cash hard Fork on November 15th was perfect opportunity for them.
Bitcoin Cash is biggest loser down -40% in 1 day - in these war there are no winners only losers. When they saw Craig Wright aka ‘fakesatoshi’ threatened to kill BTC and sell his lot of BTC, the drop followed.
Also didn’t help today the entire stock market crashed, Google, Facebook, Amazon, almost everything crashed today.
This is phase 2 of sell off, and we are now either at Capitulation area of desperation zone. I think we will truly hit rock Bottom when everyone will hate Bitcoin maybe at $3,500 or even $2,000 area.
And the bull run will start… And it will be beautiful, and we will see new all time highs for Bitcoin… Not now but in the following months perhaps in 2019.
What should you do NOW? To sell Bitcoin now is like buying Bitcoin last year at $19,000 it’s risky. Yes we can go even lower but it’s not 100% sure we will go lower.
Today 12pm EST we will discuss in our live training how to survive this bear market, what to do to protect your Bitcoin and how to thrive in this winter…
It’s winter now, but winter never lasts…
And I want to remind you that winters are best opportunities for investing…
Click here to register for our live training 12pm EST
Don’t freak out, don’t panic sell, it’s time to not be emotional but to be strategic and let this winter turn into a great spring!
Remember if Bitcoin will truly go to zero, there will be no winners. There is only so much you can short… When Bitcoin is on the rise however the sky is the limit.
So it’s no one intention to kill Bitcoin. Quite the opposite actually there are more hedge funds opening and more innovation coming, more exchanges, more wallets, and more custody solutions.
Baktt is coming December 12th so mark this date we will see something interesting developments in Bitcoin over the next 4 weeks.
I will see you today,
Vitaliy Dubinin
Founder of Bitcoins Wealth Club
Eilat 61
Tel Aviv Center 7010000
ISRAEL