The Bitcoin Crash Is Here: 2 Charts To Show Where It Could Be Heading

In this news:

Bitcoin in recession global market crisis stock red price drop arrow down chart fall, Money losing ... [+] moving economic inflation deflation investment loss crash, 3d rendering
You can’t really get a more bearish chart for BTC than this:
The bitcoin chart - just about as bearish as it could be
Credit: ADVFN
In my opinion, the future is very likely to unfold like this:
The bitcoin chart with my prediction of where it could end up
Credit: ADVFN
Only an incredible event can turn this around. $60,000 is a destination, and $40,000 is a possibility.
So, we have the U.S. Crypto Reserve becoming a thing. We have the SEC, etc., lifting its boot from crypto’s neck. We have trade wars, global conniptions, and all the other random factors that are supposed to propel bitcoin to the moon – and yet, the chart looks like a classic developing bust.
Trade what you see, not what you think.
Gold is for war, and bitcoin is for flight. You can see Ukrainian interests selling, buying, and selling their flight capital as the news flow surges back and forth.
So, what’s the big picture?
The U.S. economy is about to go into a tailspin because of tariffs – unless this is ‘3D Chess’!

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