BITCOIN BLOW OFF - It's an opportunity! Take it!

In the last three days we have seen Bitcoin rally through $20,000 and now retrace down to $14, 013. This normal in any investment, but the volatility at the moment makes this rare opportunity "look" bad. But, it's not! As we showed in a previous post, the underlying volume/demand equates to price support. However, the enormous volume (and of course, Wall Street's "NEW" appearance) has given us a short-term profit taking situation unfolding at the moment. It is not a coincidence that this happened once bitcoin broke through the $20,000 mark. This is the typical Wall Street mentality to grab short term profits. And, Wall Street likes nice round numbers like $20,000. Honestly. what did you expect once the NASDAQ, CME and CBOE got involved in this asset class? Their greed brings volatility, so get used to it. Bottom line, they (Wall Street) are adding huge volume to the Bitcoin market cap. With this sell off, the overall cryptocurrency market cap dropped nearly $80 billion. So, it's obvious there is some serious profit taking right now as Wall Street moves into fiat currency (dollar profit). But, again, this is just short term quick-buck profit taking that Wall Street types love. In their world, immediate gratification just ain't fast enough!. Their myopic approach to bitcoin just gave you a great opportunity to pick up more bitcoin at a 25% discount. These kinds of pullback buying opportunities will be fewer and more expensive in the future. So, load up on more bitcoin while you can. The charts don't lie. Like the internet, cryptocurrencies are changing the way economies work. Back when the internet started, Wall Street didn't really get that either. There were machinations like this in the infancy of the internet. But, those people that understood, what Wall Street did not, made fortunes in Google, Amazon, Netflix, etc. It's the same thing today!

So, you've got a golden opportunity to load up on more bitcoin right now. But, if that's still too rich for you, this is a great time to leverage your funds investing with USI-Tech. Don't miss this opportunity, because it will not last long!

ADDENDUM: This is NOT a time to panic because we've seen this kind of blow off before. about every 7 to 10 days apart since August. The most notable similar events were September 1, moving from $4731 down to $3294; then November 5th, moving from $7421 down to $6126; then December 9th, moving from $15,800 down to $13,467; and now, December 17th, moving from $19340 down to $11848.  Each blow off gets stronger as well. September 1 was a $3.16 BILLION volume, November 5 was a $8.46 BILLION volume, December 9 was a $13.9 BILLION volume, and now about $17.3 BILLION volume.  Given this trend, Bitcoin WILL bounce back even stronger than before, as it has done time and time against. This IS a trend and we are expecting the NEXT bounce back to take us to $37,701. So, relax. Yes, it's a wild ride, and not for the faint of heart. But, the demand for bitcoin has NOT waned as demonstrated by the ever increasing volume. We have NO doubt that Wall Street is trying to rattle some folks in order to pick up some fire-sale prices. Only the institutional investors (Wall Street) have this kind of horsepower to move values this much, so don't take the bait. Remember, you REALLY DO NOT REALIZE A LOSS UNTIL YOU SELL, so don't get suckered into selling. There is a much bigger trend working in your favor, and the charts never lie. The Bitcoin expansion is still in its infancy.