My explanation why I am expecting the price of Bitcoin to start dropping to lows of $2000 – $2500. With manipulation going on with most exchanges, Bitmain owning such a large amount of bitcoin and controlling so much BTC hash power I think a drop is inevitable. I also cover the bitcoin halving coming up and why even that will not save us from a crash. In my opinion we are only months away from bitcoin dropping and making lower lows. I believe this current run up was setup entirely for making profit off of FOMO, the next drop will be bought up by market makers and institutional investors for long term holding.
This is not financial advice.. I am not your financial adviser, these are only my view and onions of the crypto market. Crypto is a very risky asset and you should always do your own research before ever considering doing any trades!
To keep up to date with my latest charts and predictions make sure you visit the community section of my channel:
https://www.youtube.com/user/OPTICALARTdotCOM/community
To access my charts is a onetime donation of $20. You will have access to all previous, current and future charts. Just email back after you donate and I will send you my website address to access charts . All of my charts are shareable so you can watch them real time and you can also save them as your own to add in your own indicators. Feel free to email me [email protected] for further information or read the about section of my channel: https://www.youtube.com/user/OPTICALARTdotCOM/about
WHICH ARE THE MOST INFLUENTIAL CRYPTOCURRENCY MARKETS BY COUNTRY?
https://topbrokers.com/cryptocurrency/which-are-the-most-influential-cryptocurrency-markets-by-country
Examples of Market Manipulation
https://www.classlawgroup.com/securities-fraud/stock/market-manipulation/examples/
Bitcoin Mining in China
https://www.buybitcoinworldwide.com/mining/china/
GLOBAL BITCOIN NODES DISTRIBUTION
https://bitnodes.earn.com/
Bitmain Nears 51% of Network Hash Rate: Why This Matters and Why It Doesn’t
https://bitcoinmagazine.com/articles/bitmain-nears-51-network-hash-rate-why-matters-and-why-it-doesnt
U.S. customers to be blocked from trading on Binance.com
https://www.theblockcrypto.com/2019/06/14/us-customers-to-be-blocked-from-trading-on-binance-com/
Crypto Investigation Tests Limits of NY AG’s Authority
https://www.law.com/newyorklawjournal/2019/06/14/crypto-investigation-tests-limits-of-ny-ags-authority/?slreturn=20190521092355
Smoke and Mirrors: More reports of rampant wash trading detected among large crypto exchanges
https://www.theblockcrypto.com/2019/03/11/smoke-and-mirrors-more-reports-of-rampant-wash-trading-detected-among-large-crypto-exchanges/
The Blockchain Scalability Problem & the Race for Visa-Like Transaction Speed
https://hackernoon.com/the-blockchain-scalability-problem-the-race-for-visa-like-transaction-speed-5cce48f9d44
A French startup proves that selling USB sticks is one way to make big money on bitcoin
https://qz.com/1185806/ledger-sold-its-millionth-nano-s-hardware-wallet/
gold chart:
https://allstarcharts.com/wp-content/uploads/2017/09/GCSpotwee.png
bitcoin halving chart:
https://ihodl.com/infographics/2018-04-09/chart-day-bitcoin-reward-halving-and-price-history/
bitcoin, btc, capitulation, manipulation, exchanges, bitmain, 2019, June, July, August, September, bitfinex, binance, regulations, china, dump, dropping, bear market, bearish, hash power, bitcoin halving, crash, crashing, FOMO, market makers, institutional money, bull run, bullish, bull market, bullrun
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