Bitcoin prices have skyrocketed this year. In December 2016, prices were below $800 per coin. Today, it closed at $5957. However, the National Inflation Association (NIA) is now forecasting a crash in prices due to the market getting saturated with too many similar products. They sent out the following email today:
NIA has just shorted a large amount of Bitcoin at $5,950 and is also attempting to short Bitcoin Investment Trust (GBTC) here at $704.40. NIA believes that a Bitcoin crash could be imminent. There has been a rumor going around for the past month that Amazon will announce in its earnings conference call this evening that it is beginning to accept Bitcoin as payment. There’s a 95% chance that this won’t happen, but even if it does there will likely be many people dumping Bitcoin on the news anyway – causing Bitcoin to crash regardless.
NIA perfectly called the start of Bitcoin’s massive rally back in May 2016 at $530 and right now we are predicting that a crash is imminent!
After this week’s disastrous hard fork that spun off a new version of Bitcoin called Bitcoin Gold, which crashed by 76.7% in a single day after Bitcoin enthusiasts realized it is not backed by real gold – the greedy Bitcoin community is becoming increasingly desperate to keep the price of Bitcoin artificially inflated. It was just announced that a new Bitcoin hard fork is being scheduled for December, which will spin off a new Bitcoin clone called Bitcoin Silver. No, this is not April Fools’ Day.
We can assure you that Bitcoin Silver will not be backed by real silver. There is no legitimate need to spin off a new coin called Bitcoin Silver. Bitcoin developers are attempting to once again manipulate the price of Bitcoin higher by promising people more free money, but NIA is confident that it won’t be able to fool the public again like it did with Bitcoin Gold.
Prior to the December hard fork of Bitcoin Silver, there will be a hard fork in November that spins off a new version of Bitcoin called B2X. This hard fork will be the most damaging to Bitcoin, because B2X is expected to challenge Bitcoin to become the main Bitcoin blockchain with the most hashpower.
NIA accurately predicted on August 8th that the greedy Bitcoin community would begin to self-destruct in the following months by creating many new Bitcoin clones – rendering Bitcoin’s 21 million supply limit irrelevant.
I’ve only been on NIA’s mailing list for a few months, but so far have been very impressed with the results of their recommendations.
Their Bitcoin forecast confirms prophetic insights shared in comments posted on Z3 News by Z3er Phanuel. On October 22, he reported seeing Bitcoin at $2740 and $2688. Previously, he reported seeing it at $2339 on July 30, 2017. No dates were revealed, but since those prices haven’t been fulfilled yet, they could be coming soon, but the price would have to drop by more than half. The prices Phanuel saw are all close to the 200-day moving average, which is currently close to $2420 and climbing.
This is not a recommendation for investing.
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.
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