I currently have a position with BTC3SUSD on Kucoin, which is a leveraged crypto currency that moves inversely with Bitcoin and 3X as fast. I’ve been trading in and out of it along with BTC3LUSD, which moves in the same direction as Bitcoin and 3X as fast. So today I specifically asked God to show me what’s ahead for Bitcoin. Later, I saw a chart showing Bitcoin price movements.
I learned the hard way that everything revealed is in the future unless specifically revealed as a historical reference, so I believe what I saw today is all in the future. At the far left side, it was moving sideways. Then it suddenly dropped very steeply, like straight down. Then the drop stopped and it started climbing slowly back up at about a 45 degree angle until it had retraced what appeared to be over halfway back to the top. Then came a second steep drop that continued noticeably lower than the first drop.
Prior to seeing this, I was relying on a word received by Christopher Harris in which he saw Bitcoin dropping back down to the $30,000 range. Here’s what he posted on July 18, 2021:
“I saw in a dream today a big drop from seemingly around current price area down fast to 30k, rebounding fast up to around 32k, then dropping fast back toward 30k it got close and the dream was cut off.”
“I saw in a dream this morning the BTC price trading sideways above $30,200 and heard someone say “If it drops through it will go straight back up”. I have a resistance level marked at $30,150 and a fib level just under at $30,100. I believe that’s what the person was referring to, that the price may go under this but will go straight up afterward.”
We now have the benefit of hindsight to know the first part of his dream has been fulfilled as the price dropped fast to $30k and just as he was warned, it went below, hitting bottom at about $29,300 and then came straight back up to around $32k. So his sequence shows another drop back down fast toward $30k. The drop I saw today confirms what he saw with just a few added details showing the drop will follow an ABC pattern, dropping down, then up, then down lower, which is similar to what happened in the previous drop when it first dropped to $30,500 before bouncing back up to $31,000 and then continuing down to $29,300. However, that was only about a 30% retrace, but based on what I saw today I think the next retrace will be much bigger. I did not see any numbers, but based on common Fibonacci levels, I’m guessing it might be closer to a .618 or .782 retrace, big enough to try to avoid, so I will be looking for an opportunity to exit my position on BTC3SUSD and repurchase it after the retrace.
Since I don’t know the price for the first bottom, avoiding the retrace will be challenging and even more challenging due to a significant lag time between BTC and BTC3SUSD price movements, which is something I’ve noticed recently. For example, during the move up yesterday, when BTC was trading at about $30,150, BTC3SUSD was trading at about $10.15, but by last night, BTC3SUSD was trading at about $9.57 when BTC was at about $30,150. And I’ve noticed a similar lag with BTC3LUSD. So closing a position after a fast move might not give a fair price.
As always, this is not a recommendation for investing because I’m making lots of assumptions that might be wrong since I did not see any dates or prices. I’m only offering this for prayerful consideration so we can each seek the Lord for ourselves as He has encouraged us to do saying,
“… Yet you do not have because you do not ask. You ask and do not receive, because you ask amiss, that you may spend it on your pleasures.” (James 4:2b-3 NKJV)
7 “Ask, and it will be given to you; seek, and you will find; knock, and it will be opened to you.
8 For everyone who asks receives, and he who seeks finds, and to him who knocks it will be opened. (Matthew 7:7-8 NKJV)
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.