BITCOIN PRICE TO PLUNGE TO $6,400?! | Bearish BTC Halving in 2020?!

Play episode
BTC Halving

➡️ TEEKA TIWARI: 12 SECONDS TO $12,000 REPLAY: http://12seconds.cryptonewsalerts.net

Here’s why the Bitcoin price may be about to return to $6,000, maybe lower. It seems that the “Crypto Winter” of 2018 has come back to haunt Bitcoin bulls in 2019.

Cole Garner, a popular cryptocurrency analyst, recently noted that miners are on the verge of capitulating, which is what happened in mid-November, just before the BTC price began to tumble from $6,000 to $3,000. Miner capitulating, for those unaware, is when “small miners get backed into a corner when BTC price is low & the generation of mining hardware they use becomes obsolete.”

The important part of this is that the capitulation of miners induces the sale of mined Bitcoin en-masse, pushing prices lower in a vicious cycle: “Undercapitalized miners panic sell, price dumps, longs get squeezed, stop losses cascade.”

A Bearish Bitcoin Halving?

There are still six months to go before the Bitcoin halving but this could be the first one that has a bearish run up. Industry analyst Willy Woo has looked at the longer time frame charts and noticed that historical BTC halvings have always been bullish leading up to the event.

“NEVER gone into a halvening in BEARISH price action, miners already capitulating adding sell volume. Historically we front run with a BULLISH setup, miner capitulating only after halvening when revenues are slashed. This is a unique setup. Quite bearish leading up to the event.”

Willy Woo added…

“I expect way more volatility. Short term bearish is all I’m saying. And don’t expect price will repeat past halvenings.”

➡️ This REPLAY expires real soon: http://12seconds.cryptonewsalerts.net

Teeka Tiwari takes us inside a secret money-making system like no other we’ve seen.

Can a trading system based on complex math and rocket science really beat the market?

The math and science behind this system is incredibly complex.

It uses 350 years of stock market data, complex aerospace technology, and an algorithm 100 times faster than anything you can access in a lab to predict where stock prices might move next.

This is the goal of quant trading: to build models that find signals hidden in the noice of the market that allow you to predict what comes next.

This quantitative trading system combines rocket science with a 100X-speed trading algorithm to guarantee you a shot to see $12,000/month with a 12 second move, without cryptocurrencies, without private placements, without stocks, and with no trading experience necessary.

“The trading system so accurate, I took money out of Crypto to commit to this instead.” – Teeka Tiwari

➡️ WATCH REPLAY: http://12seconds.cryptonewsalerts.net

You will receive the following FREE BONUS:

FREE BONUS: A projection for what’s next for U.S. stocks, gold, the dollar and interest rates over the next 6 months (the gold price projection alone could make you thousands of dollars richer)

Follow Us:

🔥 Blog/Podcast: http://CryptoNewsYes.com

🔥 Subscribe on YouTube: http://CryptoNewsAlerts.net

🔥 Subscribe on iTunes: http://itunes.cryptonewsalerts.net

🔥 Subscribe on Stitcher: http://stitcher.cryptonewsalerts.net

🔥 Subscribe on TuneIn: http://tunein.cryptonewsalerts.net

🔥 Follow on Twitter: https://twitter.com/CryptoNewsYes

🔥 Join our Private Crypto FB group: ► http://fb.cryptonewsalerts.net

🔥 Join our Private Crypto Telegram group: ► http://telegram.cryptonewsalerts.net

🔥 Binance – Buy, Sell or Trade Over 400 Altcoins: ► http://binance.cryptonewsalerts.net

🔥 [IMPORTANT] – Secure your crypto with a Trezor or Ledger hardware wallet:

Trezor: ► http://trezor.cryptonewsalerts.net

Ledger: ► http://ledger.cryptonewsalerts.net

DISCLAIMER: This is NOT financial advice. The views and opinions expressed in this video are just opinions, nothing more. Trading is very risky, especially when trading with leverage. Seek financial advice from a professional and trade at your own risk because I am not responsible for any investment decisions that you choose to make.

Show Notes / Resources:

Join the discussion

More from this show

Episode 55