Jerome Powell in the Federal Reserve delivered a hawkish message in his speech. The Middle East war has begun and the Federal Reserve may raise interest rates again and keep high interest rates for a long time. Wall Street was stunned for it. Three of funds worth 900 million US dollars of BTC were sold out. The yen and the won plummeted. If US dollor surge, the market of currency circle will suffer a delcine, which will create huge negative factors to the markets. We publish our predicition about going short at the point of 3254 at 7 a.m. the day before yesterday, and our prediction proved to be accurate since the ETH did reached the highest point of 3254. You can also click on the article link below to see it. I have said that I will definitely go short on Bitcoin at the point below 60,000. We publish markets prediction about cpoy-trading to everyone to make huge profits of 400,000 USD.
Many newcomers in the currency circle don’t know that biggest opponen of Bitcoin is the USD. Do you remember what Bitcoin was used for when it was first invented? Did Satoshi Nakamoto use it to prevent the collapse of the US dollar that plays a role as a hegemony in economy? Do you remember that sentence? Bitcoin is a brand new de-hegemonic and decentralized trading system in currency, so here I want you know that the US dollar is inversely proportional to the Bitcoin‼
This plunge is completely different from the previous one. This plunge is not for lurring those long postions in the market to sell ETH and BTC, but for making those who have long postions to lose money. It has been said for a month. You can go and see the pinned article on my homepage. This decline is aimed at those who have goods in stock and who have long-term long positions. It is not a trading method of a corretion at all.
You can click on the article link below to look at all our analysis and insights on this round of Bitcoin plunge. When Bitcoin is still at 74,000 points, we publish our analysis. The main targets of this plunge is to liquidate. those stable long positions who are used to go long after a decline. Therefore, the price will continue to fall and then rebound, creating an illusion for them to call for bottom fishing. Then there will be a second round of decline, making them lose money and their positions liquidated. The decline was very mild before April 13. The low point gradually decreased, and the high point also decreased. In order to tie up a large number of long positions, we can see that a slow rebound phase attracts countless investors who have long positions to think that the bull market is back and it is time to go long. However, those investors will be forced to liqudate their positions after going long and suffered a plunge.#bitcoinhalving #BullorBear #minycrypto
