Bitcoin: Is This The Bottom?

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In this video, I discuss the recent panic selling of Bitcoin, and possible drivers, including a popular article on Tether, worries around Yellen's attacks on Bitcoin, as well as double spend FUD.

None of these items are significant or important to Bitcoin's future. It seems that what we have had instead is a flush-out of speculative, leveraged longs.

Given the huge volume of panicked emails and messages that I have received in the past 24 hours, I would guess that the bottom is in for Bitcoin, and that we start to hit new highs again in a couple weeks.

My Bitcoin target for 2021 remains at $200,000.

Not investment advice! Consult a financial advisor.

Bitcoin model price:
https://twitter.com/s2fmultiple

Bitcoin crashes to $2.70:
https://twitter.com/NickAllen/status/128885429960323073

Misleading article on Tether and Bitcoin:
https://crypto-anonymous-2021.medium.com/the-bit-short-inside-cryptos-doomsday-machine-f8dcf78a64d3

My video on Bitcoin and Tether FUD:
https://www.youtube.com/watch?v=rV2YIIv0uDo&ab_channel=TraderUniversity

Dan Held on Tether:
https://danheld.substack.com/p/dont-fear-tether

Scott Minerd tries to panic the plebs:
https://www.coindesk.com/guggenheim-minerd-bitcoin-top

Will Janet Yellen kill Bitcoin?
https://www.youtube.com/watch?v=b6xmIF4aWZU&ab_channel=TraderUniversity

Yellen Senate testimony:
https://www.finance.senate.gov/imo/media/doc/Dr%20Janet%20Yellen%20Senate%20Finance%20Committee%20QFRs%2001%2021%202021.pdf

Debunking the double spend FUD:
https://twitter.com/aantonop/status/1352452964468871170

https://twitter.com/adam3us/status/1352415268564250627

The benefits of forest bathing:
https://time.com/5259602/japanese-forest-bathing/

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I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos.

My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.

#Bitcoin
#BitcoinNews

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