BTC $3k black swan event

BTC has dropped to ~$3,800 and is now trading at ~$4,900.

Today, the market continues to fall.
The market cap is around $150 billion (155 at the moment).
A number of alts lose ~40% in 24 hours.

Right now the average cost to mine one bitcoin is around $6,000 USD. After the Bitcoin halving in April, the average cost to mine one #BTC will be around $12,000 USD.

How long can Bitcoin stay below the average mining cost before it corrects and rebalances? 6 months or a year?

It will get back up faster.

Trump speech soon...
Expect volatile moves soon..

https://www.youtube.com/watch?v=feycmqjsLNw&feature=youtu.be

Trendline is broken.
High Possibility of retesting $5.2k - $5k!

This scenario is possible!

Hits 5k 👍

You are absolutely right ! Bottom is not in yet!

Let others shill that bottom is already in...

Might go $200-$500 up to fill new Longs but you know downward targets! 🙌

ByBit, Deribit
#BTC/USD Take-Profit target 1 ✅
Profit: 130.3538% 📈
Period: 1 Minutes ⏰

ByBit, Deribit
#BTC/USD Take-Profit target 2 ✅
Profit: 176.9088% 📈
Period: 1 Hours 48 Minutes ⏰

ByBit, Deribit
#BTC/USD Take-Profit target 3 ✅
Profit: 238.982% 📈
Period: 8 Hours 22 Minutes ⏰

Pumped $500 as planned!

BitMEX, ByBit, Deribit
#BTC/USD Take-Profit target 1 ✅
Profit: 125.847% 📈
Period: 9 Minutes ⏰

BitMEX
#BTC/USD Take-Profit target 3 ✅
Profit: 803.485% 📈
Period: 4 Hours 16 Minutes ⏰

Predicted there will be $500 pump and Big Dump!

🙌

Get ready to catch bottom 😉

Targets are already shared in above chart. Just wait for buy Signal 👍