Bitcoin is bearish below $40,000. I remain firmly bearish, based on the "marking the boat to seek the sword" cycle theory, consistently holding the belief that it won't easily be broken. During the last cycle when Bitcoin was above $30,000, many people said it would go over $100,000. I believed strongly in that, and it was the first time I saw the power of Bitcoin's cycle. So this time, when everyone talks about $40,000, I am a steadfast believer.

BTC1,86%

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