INFLUNCERS HYPER BULLISH means a correction but when?? IF EVER??
When the influencers start to hype up BTC pricing, that's when I start to think of the psychology of big money that doesn't like buying BTC at the current yearly ATH because of the nature of it's volatility. However, when you look at when they would want to accumulate... it's at a cheap price...
That price accumulation is seen in the green circle, here is a likely truthful statement suggesting that the large volume in the green circle wasn't a majority of retail investors buying that market up with insane volume levels but probably selling it to the big bag corporate greedster's that gobbled it up and manipulated the market and media to keep BTC relatively low while purchasing it to keep accumulating and accumulating from retail for years.
The same event is bound to happen again... the big money moves the market up then crashes it 10-20% with media that they are friends with, it's a big club, but you and I aren't in it (look at Musk in 2021). Here is there strategy pump it, crash it by taking profits from retailers. Pump it more, crash it. The cycle repeats over and over. I keep hearing "BUT THIS TIMES DIFFERENT" from the influencers, but is it? Probably... BTC probably sees an ATH this run, but eventually, that run will crash.
This is not financial advice, but a perspective from a 3x profitable bullrun attendee (I got lucky and wasn't greedy the 2nd run.) Don't take my perspective at face value, but critically think about this information for yourself and come to your OWN conclusion. Do this with everyone's opinion not only in trading/investing. Especially social media influencers who make money from other means than investing and trading.)
That price accumulation is seen in the green circle, here is a likely truthful statement suggesting that the large volume in the green circle wasn't a majority of retail investors buying that market up with insane volume levels but probably selling it to the big bag corporate greedster's that gobbled it up and manipulated the market and media to keep BTC relatively low while purchasing it to keep accumulating and accumulating from retail for years.
The same event is bound to happen again... the big money moves the market up then crashes it 10-20% with media that they are friends with, it's a big club, but you and I aren't in it (look at Musk in 2021). Here is there strategy pump it, crash it by taking profits from retailers. Pump it more, crash it. The cycle repeats over and over. I keep hearing "BUT THIS TIMES DIFFERENT" from the influencers, but is it? Probably... BTC probably sees an ATH this run, but eventually, that run will crash.
This is not financial advice, but a perspective from a 3x profitable bullrun attendee (I got lucky and wasn't greedy the 2nd run.) Don't take my perspective at face value, but critically think about this information for yourself and come to your OWN conclusion. Do this with everyone's opinion not only in trading/investing. Especially social media influencers who make money from other means than investing and trading.)
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