MultiversX Tracker is Live!

The Bear Market Might be Over, but there's a Lurking Inevitable Black Swan Event around the Corner

Bitcoin Reddit

More / Bitcoin Reddit 139 Views

Hey,

Black Swans are more Scary than Bears because they are Unpredictable. Like in a Horror movie where you cant predict what will happen next in the scene that will get you jumping out of your seat.

Don't mean to spread FUD but there's so many potential upcoming black swan events that can get bitcoin to drop back down to $15k again or wick lower to $12k this year or next year, before the next bull run in 2025 after the 2024 btc halving.

In those 2 years a lot of black swans events can happen, I name just a few:

- US Debt Ceiling not raised

- China Invading Taiwan

- Ukraine-Russia war Escalates

- $USD dollar losing world reserve currency status if US defaults on its debts. This will RESET the Bitcoin charts from 2009 because $usd dollar is worthless so bitcoin will no longer be priced in dollars but priced by a new world reserve currency so a new Bitcoin chart will be formed on TradingView.

- Inflation going back up because Fed lowering rates.

- Government Crypto Regulations

- 2024 Presidential Elections, the US Divide. Trump Banning Bitcoin in the US if he wins.

- Recession

- CBDC's programmable algorithms to block buying bitcoins.

- New Virus Pandemic

- And so much more.

It just takes 1 of the above to bring bitcoin back down to $15k and lower.

This will be like Deja-vu to the bull run we had in 2019 followed by the Covid-19 Black Swan event in March 2020.

Or is there nothing to worry about, everything is fine, there will be a soft landing, inflation back down to 2% and we be testing $69k resistance this year or next year for a 3x gain in Bitcoin for those who are entering now?

submitted by /u/very_452001
[link] [comments]
Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
πŸ’° Install these recommended apps:
πŸ’² SocialGood - 100% Crypto Back on Everyday Shopping
πŸ’² xPortal - The DeFi For The Next Billion
πŸ’² CryptoTab Browser - Lightweight, fast, and ready to mine!
πŸ’° Register on these recommended exchanges:
🟑 Binance🟑 Bitfinex🟑 Bitmart🟑 Bittrex🟑 Bitget
🟑 CoinEx🟑 Crypto.com🟑 Gate.io🟑 Huobi🟑 Kucoin.



Comments