The Shocking Bitcoin Scenario NOBODY is Expecting (and when it will happen)

The shocking bitcoin scenario nobody is expecting (and when it will happen). Bitcoin has currently rallied above 70K and is not far away from all-time highs. But could we see a major rally to 100K on bitcoin this year? And what will likely happen to bitcoin after it reaches 100K? Could it then top and fall into a bear market, and if so, how low could it drop? We explain with analyst Robert Prechter. #bitcoin #btc #alessiorastani

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Time stamps:

00:00 Intro
00:59 Halloween and Bob Prechter
01:50 Elliott waves, fractals and socionomics
02:58 Long term chart of bitcoin
05:52 What happens to bitcoin IF stocks top
06:07 the major risks with bitcoin
06:58 Potential targets for bitcoin
07:46 A major mistake and bias
08:23 What happens after a top
10:14 Example from 2018
10:45 The chart and wave count from 2019
11:10 Bob Prechter's newsletter
12:08 Outro

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Trading has large potential rewards and also large potential risks. You must be aware of the risks and be willing to accept them. Don't trade with money you can't afford to lose. We are neither an investment advisory service nor an investment advisor. Data and information provided are solely for educational purposes. Nothing in this channel, videos and the information provided in it should be construed as a recommendation to buy or sell stocks, ETFs, futures, indices, forex, cryptocurrencies, commodities or any market. The past performance of any trading system or methodology is not necessarily indicative of future results. Current analysis can change due to future market events. Investing in cryptocoins or tokens is highly speculative and the market is largely unregulated, therefore anyone considering it should be prepared to lose their entire investment.