In my previous Bitcoin post on February 18, I warned about a coming drop in prices even though it was moving higher at the time. The drop started just two days later on February 20, after reaching a top at about $11,800. Since then, it has dropped about $2,000, but multiple sources are indicating it’s not done yet.
As I shared in that post, I saw a vision on February 15 of a graph showing Bitcoin’s price dropping to $8,400, which surprised me because I wasn’t expecting to see a bottom there. Later, I realized there’s been strong support historically at about $8410, plus the 200-day moving average is currently about $8,600, confirming the bottom could be near there.
Since then, I have received several confirmations from both prophetic sources and technical analysts, listed as follows.
On February 21, Z3er Fred Morgan posted this comment:
Had a dream on 18th Feb of Bitcoin moving lower to $9,000. As soon as it moved below $9,000, it dropped quickly to around $8,500. In the dream, Ethereum was leading the move lower, dropping faster than Bitcoin before the $9,000 level was reached. No timing given. Been praying for dreams about cryptos for weeks and this was first dream I’ve had about Bitcoin.
Fred saw it dropping to $8,500, just $100 above what I saw. Fred saw Ethereum leading the way down, which is amazing because it immediately started dropping the same day he received the dream, leading the way down ahead of Bitcoin, which did not start dropping until two days later on February 20. He also saw Bitcoin moving lower to $9,000 before dropping even faster to $8,500. Yesterday, it dropped to $9,375, so it is getting close.
Then on February 22, Z3 News Contributor Christopher Harris posted this comment:
A brother named Bob emailed me a dream he received of BTC while it was in the 10k range heading to 12k. He said part of his dream was seeing a chart of a 45 degree down movement and the number $8,200 appearing on the chart. He said he was going to buy then and felt it would go up from there.
So Christopher’s friend Bob saw Bitcoin dropping to $8,200, which is just $200 below the number I saw. The 45 degree downward movement he saw in the chart also confirms what I saw.
The same day, Z3er Ed Hoffmann posted this comment:
Was praying for a crypto dream as far as direction. This is what I got last night. Was standing on the shore watching 2 people fishing. And 2 bears came down, a mama and her cub, and got in the water near the fishermen. They were playing around and hanging out but not taking the fish or attacking the fishermen. The fishermen did not get out of the water but were watching the bears.
Could possibly mean a bigger drop and then a smaller drop. Bearish. Also the fishermen were not scared and ‘held’ their positions. The bears did not attack or harm. The bears did not take any fish from the fishermen.
So Ed saw a drop in price coming in two legs down with one leg larger than the other. The same day he received the dream, the price dropped $1,240 (from $10,860 to $9,620) by the end of the day. Ed was not shown any dates, but it appears that was the first leg down.
I think that was the smaller bear because the next drop needs to be about $2,090 to reach the bottom target at $8,400. After the price dropped $1,240, it bounced back up $870 the next day, reaching a top at $10,490. As I am writing this, it has dropped back down from there by $690, currently at $9,800, which is just $1,400 above the $8,400 price I saw. So, if it completes the rest of drop from here, the second leg would be $2,090, making it the mama bear.
On February 23, Z3er Tim W. posted this reply to Ed regarding his dream.
I remembered your dream from yesterday and asked for an interpretation and immediately heard, “The bears are more dangerous to the life of the fishermen than they appear”.
The word Tim received supports the possibility that the second larger drop could be coming next. A drop to $8,400 would be a total drop of $2,460, which is significant enough to qualify as dangerous to the life of the fishermen.
I also received a confirmation from a technical analyst, ew-and-patterns. His forecast shows the price dropping to $8,000 by March 1.
With so many people seeing the bottom in the same price range, I think God is showing us it will not drop below that level for now, somewhere between $8,000 and $8,500. So, I am expecting a big bounce from there, which will likely continue until the markets are hit with bad news, possibly a new war starting before the end of March, which would likely be the catalyst for the deeper drop to around $5,000. It appears we’re going to have to get that event out of the way before Bitcoin can soar to new highs.
I think that event will also cause the daily RSI to drop straight down to the bottom, fulfilling the first of three moves I saw in a vision on February 7. All three moves were straight and vertical, indicating a sudden event, such as a market panic moving it straight down to the bottom or a fast rally moving it straight up to the top. So, I think the sequence will begin with the drop to $5,000, followed by a big rally up to $30,000, followed by a sudden crash to about $2,000.
God designed the prophetic gift to only see in part because He wants each of us to rely on him rather than anyone else. These insights are incomplete, revealing prices without dates, so they are not recommended for trading without first seeking confirmation from God.
Author: James Bailey
James Bailey is a blogger, business owner, husband and father of two grown children. In 1982, he surrendered his life to the Lord Jesus Christ. In 2012, he founded Z3news.com to broadcast the message of salvation by reporting end time news before it happens.