The ultimate BEAR post: What could in theory be reasons for Bitcoin to go below 15K?

/u/BeyonderrCryptocurrency News & Discussion https://ift.tt/Vf7rTBP

There is quite a bit of hope in the market now because of the rally that started earlier this year. While I hate to be the BEARer of bad news, I have to remind you that every previous bear market had multiple bear market rallies, including rallies of a 100% like we have seen now. So let us discuss some BEARium, which is of course the opposite of hopium. Remember, I live on the charts so I have all the KOALAfications. A new low is still very PAWsible even if we could BEARly imagine it happening right now after a 100% rally. So let us ask the unBEARable: What could (in theory) be reasons for Bitcoin to go below $15K? ​ Some ideas: Whales are selling since early 2021 and crypto firms are not buying during this bear market. These large entities are usually right. ... while shrimps (= you and me) are buying loads of crypto during this bear. Shrimps are usally wrong. Bitboy owns Bitcoin and everything he touches goes to $0. Fun fact: Bitboy also owns Moons. Fuck. A worldwide recession is very possible. The stock market has BEARly fallen. Bitcoin is a risk-on asset and would follow to new lows. We all believe that the halving will ignite a bull run. But when all of retail believes something, the opposite usually happens. World war 3, for instance when Russia uses nukes or China invades Taiwan. If any of these happen I want to go in to hiBEARnation. What are your ideas? Good replies only or you are disKOALAfied. Bear jokes appreciated. https://preview.redd.it/v53otp7wwn3b1.png?width=560&format=png&auto=webp&s=3cc6383bb964e8e3795844bf6e89a19a5d419c75 submitted by /u/Beyonderr [link] [comments]

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