Steve Courtney, the CEO, and founder of the Crypto Crew University has recently expressed his woes on the long-term future of Bitcoin. His analysis indicates that Bitcoin is at risk of being destroyed in the next 5 years.
- Steve has recently appeared on the Crypto Crew University’s vlog, where he openly discussed his latest findings about Bitcoin. “Bitcoin likes to surprise everybody. What I will show you today will destroy your hopes and dreams for the next five years for Bitcoin. You will hate everything I’m about to tell you, but you will respect it because it’s based on facts, and it’s happened in markets actually two other times,” he stated.
- Bitcoin started with a double top that triggered a train reaction, and it took many years to recover, so the question becomes, “Could this really happen with Bitcoin? How long would it last? We want to talk about what it would actually look like if Bitcoin moved sideways for several years,” he added.
- Recently Bitcoin price has formed a double-top pattern that never happened before. Steve fears that this double top may turn into a triple top and later form a quadruple top pattern, leading to an ultimate crash.
- Bitcoin chart doesn’t provide a clear indication of its upcoming move. The key support levels remain at $17,600 and $15,500.
See Related: Bitcoins Bottom Is Likely In, Crypto Analyst Benjamin Cowen
