• FutureKron

Crypto bounce incoming? We could hit bottom early next week, and then...

I'm not a technical analyst, but I can't help but wonder if we're heading into a double-bottom reversal pattern!? This, of course, is not financial advice, just me speculating on what I've been 'seeing' all along. More below...

Below: A sample "double bottom" reversal pattern.

Please note that the following is not intended to be financial advice! It is merely my own 'prediction' or opinion of the potential price movements in the crypto market, and should be taken as entertainment purposes only. Be sure that you never invest any money that you can't afford to lose, and apply sensible, dollar cost averaging techniques to minimize losses.

Just moments ago, it dawned on me that we could be heading towards what is pretty darn close to what technical analysts call a "double bottom" (generally, a reversal pattern). However, be warned that the first part of this 'bottom' is not in yet! And, like I've written several times in this blog, it will be followed by another dip during the first week in June.

In between those two bottoms, we should see a bounce. In my estimation (no promises here so please don't mortgage your home on this advice!), we should see some serious lows in the crypto market through the weekend, and perhaps into part of Monday.

From there, I am seeing at least a week, possibly two, where coins could recover much of their pre-dump values. But, be extra cautious, and prepare for that second dump (or, the other half of that "W" stock pattern shown above) in early June. No problem, because you'll be able to pick up even more discounted coins if you time it right.

This is a huge opportunity for just about anyone with some spare change. An investment of just $1,000 could be 10X, 20X or more over the next 12-24 months. However, remember that you should never, ever risk anything that you can't afford to lose. It CAN happen!

P.S. DON'T BUY LUNA!!! Too risky.

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