Everybody is watching the Bitcoin price chart trying to figure out where it's going.
Bitcoin's price is 48% down after the Bitcoin crash from its all time high in April but it's also 200% up in the last 12 months.
Some people are predicting an immediate bounce to $100,000 by the end of the year.
Others are saying that this is the beginning of another 4-year cycle that follows every Bitcoin crash waiting for the next big price ramp.
But the truth may be much worse - Bitcoin might be approaching a crash that will be far bigger than anyone expects causing its price to plummet all the way down from its huge $34,000 price tag today.
And this Bitcoin crash will look very different to the 3 we have seen since Bitcoin first appeared in 2009.
This one can destroy Bitcoin's value and Bitcoin may then never recover.
In this video I will explain why.
Bitcoin's price is 48% down after the Bitcoin crash from its all time high in April but it's also 200% up in the last 12 months.
Some people are predicting an immediate bounce to $100,000 by the end of the year.
Others are saying that this is the beginning of another 4-year cycle that follows every Bitcoin crash waiting for the next big price ramp.
But the truth may be much worse - Bitcoin might be approaching a crash that will be far bigger than anyone expects causing its price to plummet all the way down from its huge $34,000 price tag today.
And this Bitcoin crash will look very different to the 3 we have seen since Bitcoin first appeared in 2009.
This one can destroy Bitcoin's value and Bitcoin may then never recover.
In this video I will explain why.
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- Bitcoin
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