BTCUSD 50-55K
Hello Bitcoin mooners...hope you're all rolling in $$$$. I see further upside for Bitcoin to come and I have marked out the regions which I think it will head to next.
Whenever I do a BTC post a lot of people get triggered but I look at charts with a level head. For those that look at the psychology of trading and investing I presume many of you will have the same red warning flags as me?
BTC is pumping with no pullbacks at all, TESLA bought 1.5b worth of BTC, Lindsay Lohan is tweeting about BTC mooning, Every time I open my phone I see a broker advertising bitcoin, tether investigation, it's making news headlines and the worst of all we have the general public interested in it now, most of who do not even know what bitcoin is all they know is it keeps going up and they want it.
All these are huge red flags...We do not know what price TESLA bought BTC at, famous people are jumping in on hype brining all the sheep and people that know nothing of the crypto world. Bitcoin is literally everywhere right now and once the general public start getting in...it's the biggest red flag time of them all. No one cared about bitcoin when it dumped to 6k but they all care now??? how stupid.
The market will come to correct itself in a colossal drop...not only will it let buyers liquidate their holdings and reap the rewards but it will ruin everyone who is buying these tops, it will instil a mindset and scare them away from every trying to buy again...and when it does dump to 12k-8k they will be to scared to buy in leaving the market makers to rinse and repeat.
Whenever I do a BTC post a lot of people get triggered but I look at charts with a level head. For those that look at the psychology of trading and investing I presume many of you will have the same red warning flags as me?
BTC is pumping with no pullbacks at all, TESLA bought 1.5b worth of BTC, Lindsay Lohan is tweeting about BTC mooning, Every time I open my phone I see a broker advertising bitcoin, tether investigation, it's making news headlines and the worst of all we have the general public interested in it now, most of who do not even know what bitcoin is all they know is it keeps going up and they want it.
All these are huge red flags...We do not know what price TESLA bought BTC at, famous people are jumping in on hype brining all the sheep and people that know nothing of the crypto world. Bitcoin is literally everywhere right now and once the general public start getting in...it's the biggest red flag time of them all. No one cared about bitcoin when it dumped to 6k but they all care now??? how stupid.
The market will come to correct itself in a colossal drop...not only will it let buyers liquidate their holdings and reap the rewards but it will ruin everyone who is buying these tops, it will instil a mindset and scare them away from every trying to buy again...and when it does dump to 12k-8k they will be to scared to buy in leaving the market makers to rinse and repeat.
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