The market down time has nothing to do with me being optimistic about the bitcoin, as bitcoin trades below $30k. Looking at the probability of the king crypto bitcoin making a bullish market movement rated of about 30% from it’s current levels is more than it going below, as the veteran crypto trader tone vays says during the crypto session on YouTube.
Relating to the bitcoin halving which has been scheduled to happen in few months from now, the crypto analyst talks about it effects throwing some light at he’s thesis during the session which he
I become more confident in these support areas after you know a 10%, 20% pullback…
I become more confident because there’s less time to go to the halving.
The probability of a random swing to the upside where we go straight to $34,000 is way higher than a random crash to the downside where we’re hitting $22,000.
Like we’re sitting here at $27,000 so to get to $34,000 that’s $7,000… to go down $5,000.
I think plus $7,000 is a lot more likely than down $5,000 from here. I just think the downside is very limited, very limited.
Grab an opportunity with Web3(the third stage of the internet as we know it) by signup on the Leofinance platform, a financial base platform which has tight ties with it’s community and it’s built on one of the robust blockchain technology hive.
If you are curious about what cryptocurrency Leofinance is an encyclopedia of financial information and knowledge you can start here by using the link. Help grow your financial literacy with reading articles on the platform from which is about cryptocurrency, stocks, investment, real estate etc.
Underneath their sleeves is the PolyCub which was lunched on defi 2.0 ecosystem and a lengthy list of other Leofinance influenced project which can generate massive APY for you as an investor when you are actively part of the pool, there are different kinds of options that are available to you when you click this link as shown before now.