If people are fooled by rumors that BITCOIN will climb up to $10000 by the end of the year and that eventually will even hit the $1M mark, they'll desperately look to put all their hard earned money to it.
Right now, it is a LAW of the Markets to expect a CORRECTION and because the previous move was so huge, the CORRECTION may be even bigger !!!!!
On the graph, I'm showing you the simple elements you should look for on the Monthly Chart of BITCOIN in order to understand my statements.
What will happen?
People will be destroyed and BITCOIN will be demonized by its enemies, who happen to be typical representatives of the System that suppresses our lives and have now formed an Alliance behind ETHEREUM. Google it up to see what I mean.
So they'll come as SAVIORS and say "drop bad BITCOIN and buy only good Ethereum".
I truly hope this never happens. But preparation is better than hope.
So WAIT for BITCOIN to complete its deep corrective move before you buy. That may take months.
Now it's not time to BUY BITCOIN. It's time for those who have it to SELL it.
In order to SELL it, they must generate a BUYING FRENZY fooling people to BUY at the top.
As soon as droves of eager BUYERS appear and BITCOIN changes hands, its rate against USD will fall like crazy.
PROTECT YOURSELF from this nightmare.
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