WARNING! Big DIP Soon!? Why? The BTC Miner Purge!

41,827 Views · Posted 4 years ago

Get ready for a BIG Bitcoin DIP! The Bitcoin Miner Purge deepens! Bitcoin mining operations are facing increasing costs & to stay alive they may need to sell bitcoin reserves...which will only increase the downward pressure on BTC. What is going to happen to the price in the short term? Volatile rocky roads ahead!

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⏰ Time Stamps ⏰
00:08 Intro-Join the Chico Party
01:09 Bitcoin Party Isn't Popping...
01:40 Am I Keeping my Short Open?
01:54 The Bitcoin Miner Purge 2020
02:25 Is This Bitcoin Difficulty Adjustment Like the Past?
03:30 How About the November 2019 Adjustment?
04:06 Comparing the Two...
04:50 The Two Weeks After...
05:01 My Price Projection. Why?
05:52 Major Chinese Mining Region Is Shutting DOWN!
08:03 Shaking Throughout all of China? Regional Purge!
08:50 Adding to the Downward Sell Pressure
09:15 Outro

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**Disclaimer**
Please be advised that I own a diverse portfolio of cryptocurrency as I wish to remain transparent and impartial to the cryptocurrency community at all times, and therefore, the content of my media are intended FOR GENERAL INFORMATION PURPOSES not financial advice. The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Purchasing cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome. Past performance does not indicate future results.

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