My Bitcoin Prediction, SPX Too Just For Fun

By renegadetrader | renegadetrader | 30 Dec 2020


I made a long BTC, short XRP prediction a couple of weeks ago (before the SEC news came out), and didn't bother to actually post it. It was a trade idea, long BTC with a short XRP position as a hedge. Because of the near constant selling pressure XRP endures from the cofounder I assumed the Ripple bull run wouldn't last very long. So for now on I will actually post my ideas, I'm sure I'll be wrong plenty of times but this is just for fun. I predict BTC will hit 30k before the end of the year, then will have a deep pullback to at least 25k, maybe all the way to 21K. This is just an educated guess, definitely not financial advice lol. One thing that I'm 90% sure of is that BTC isn't going below 10k ever again. Also for good measure, if SPX breaks the 12/29 low on 12/30, it will pullback to at least 3690. It's well overdue for a deeper pullback than that as well but we will see.

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renegadetrader
renegadetrader

I love freedom, privacy, writing, and trading.


renegadetrader
renegadetrader

Trading, Investing, Crypto, Freedom, Politics, News, and More

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