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Will Bitcoin DROP to 4K in 2021? (Bearish “ABC” Scenario)

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Will bitcoin drop to 4K in 2021? (Bearish “ABC” scenario). Is it likely that the current rally we are seeing in Bitcoin is not actually a “wave 3” uptrend, as we had assumed, but actually a C-wave corrective rally? If this is the case, then does it mean we could see a crash in bitcoin next year down to the 4K and 3K levels? What needs to happen on bitcoin and the charts to increase the likelihood of this bearish scenario? We look at the charts. #Bitcoin #BTC #AlessioRastani

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6 Comments

  1. Great video, Alessio! Thanks for sharing your thoughts! What do you think about the recent Ripple (XRP) rally? I have hold my XRPs so far (I've hold them since the crash in 2018), I'm still in loss (about 50% – made a huge mistake back then due to FOMO), but I thought it might make sense to cut the loss by shorting at least a portion of my portfolio to avoid further losses as a correction seems very likely after such a rally. Thanks in advance!

  2. Every bitcoin investor is currently smiling at the price of bitcoin as it is held strong and indeed valuable enough to generating good ROI. More persons are gonna become millionaires and we have bitcoin to thank for that

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