If BITCOIN Bears Takeover! Rock Bottom Prices Revealed

14,678 Views · Posted 5 years ago

Has BITCOIN turned BEARISH? Even with this recent Bitcoin bounce above 8k, Chico Crypto predicts one last dip to 7.6k, followed by an epic bounce back above 9k. Although, their is an argument that the bears now have a hold on the Bitcoin price. What could be the absolute rock bottom BTC prices? A hint ...the Bitcoin mining industry tells us exactly where the bottoms might be. Plus what kind of effect will a bearish takeover have on Ethereum Defi?? Makerdao, Dai, and CDPs?

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⏰ Time Stamps ⏰
00:08 Introduction
00:27 Short Term Bitcoin Price Analysis: A Dip Down To 7600 Soon?
01:19 Where Is Bitcoin Headed In The Mid To Long Term?
01:52 The Rock Bottom Bitcoin Prices-Based On Bitcoin Mining In Regions Across The Globe
03:40 Hashing Breakdown By Country Today?
04:44 Major Resistance Levels Due To Mining Economics
05:45 The State Of Ethereum Defi In A Bearish Takeover??
07:18 Dai Borrow and Supply Rates Would Increase?
07:35 Concluding Thoughts
07:55 Outro

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