close
News

WARNING! MASSIVE BITCOIN PRICE CORRECTION SOON!!!

All the content, images, articles, posts, pages written and published by https://simplebitcoinnews.com are not financial advice but opinions of the crypto community and are only for educational or entertainment purposes.

Multiple indicators are pointing towards an overbought Bitcoin price right now. In 2016 and 2017 the price of Bitcoin corrected multiple times in the range between 30% and 40%. This time around I don’t expect such massive pullbacks but even a 20% correction at those levels could be quite severe for some new Bitcoin investors.

00:00 Intro
00:37 Overbought Bitcoin Indicators
03:27 Bitcoin in 2020 vs. 2016
06:12 Second Warning!
09:16 Outro

BITCOIN AND ALTCOIN LEVERAGE PLATFORMS:
💲 Phemex https://phemex.com/web/user/register?group=74&referralCode=I4IEK
💲 Bybit https://www.bybit.com/app/register?ref=RPyME
💲 Binance https://www.binance.com/en/futures/ref/sunnydecree
💲 PrimeXBT https://u.primexbt.com/sunnydecree

BUY BITCOIN AND ALTCOINS HERE:
🏦 Coinbase https://www.coinbase.com/join/59398125002bcc03276297d6
🏦 Kraken https://r.kraken.com/sunnydecree
🏦 Binance https://www.binance.com/en/register?ref=FYC3XAEX

MY CHART TOOLS:
📊 TradingView https://tradingview.go2cloud.org/aff_c?offer_id=2&aff_id=12339

MY HARDWARE WALLETS:
🔑 Ledger https://www.ledgerwallet.com/r/f7c4
🔑 Trezor https://shop.trezor.io/product/trezor-one-white?offer_id=14&aff_id=1164

STORE YOUR PRIVATE KEYS SAFELY:
🔒 https://cryptosteel.com/product/cryptosteel/?csr=517

FOLLOW ME:
📷 https://twitter.com/sunnydecree
📷 https://www.instagram.com/sunnydecree.official/
📷 https://discord.gg/Psrt8Yn
📷 https://www.youtube.com/sunnydecreede

#Bitcoin #BTC #Crypto

Cryptocurrency trading/investing involves substantial risk of loss and clients may or may not lose more than their original investment. Any content on https://simplebitcoinnews.com should not be relied upon as advice or construed as providing recommendations of any kind.

Are you are interested in trading bitcoin?

Keep Your Crypto Safe! ?

6 Comments

  1. Sunny. Great video again! I absolutely agree, no investment tips from a youtuber. I would say; just watch these youtubers and START LEARNING ABOUT BITCOIN !!!!!

  2. The daily RSI is getting overbought, retracing to 70 before bouncing off of it over and over again – that's exactly what happens in a bull run. This can occur for a multiple months. Correction can and will happen, but you're right, it won't likely be 40% because the fundamentals in the space is better than 2017 (more institutional money and mainstream onramps).

Leave a Response