Bitcoin On A Bullish Path Regardless Of The Current Market Position

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The market down time has nothing to do with me being optimistic about the bitcoin, as bitcoin trades below $30k. Looking at the probability of the king crypto bitcoin making a bullish market movement rated of about 30% from it’s current levels is more than it going below, as the veteran crypto trader tone vays says during the crypto session on YouTube.

Relating to the bitcoin halving which has been scheduled to happen in few months from now, the crypto analyst talks about it effects throwing some light at he’s thesis during the session which he

I become more confident in these support areas after you know a 10%, 20% pullback…
I become more confident because there’s less time to go to the halving.

The probability of a random swing to the upside where we go straight to $34,000 is way higher than a random crash to the downside where we’re hitting $22,000.
Like we’re sitting here at $27,000 so to get to $34,000 that’s $7,000… to go down $5,000.
I think plus $7,000 is a lot more likely than down $5,000 from here. I just think the downside is very limited, very limited.

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