#NOFOMO
Updated
As BTC rises, here comes the tricky bit for Bitcoin watchers. DO NOT GET FOMO bro's!
The Moonbois and Youtube influencers cry that we will never see 35k again. Just like they did last time.
"The bottom WAS in! Hurrah! Hope you bought the dip!" they say............
"Off we go to $275,000, $350,000" or whatever nonsense they were peddling last year.
Let's look at some hard facts. They were all wrong. None of them predicted another collapse to 33k.
Me and Mayfair_Ventures did. Here is proof:
We are not geniuses, but we do look at the price action. It has been amazing as the institutional entry into Crypto (and especially BTC ) has had the effect we predicted, not the effect the gurus predicted. They said: "Institutions entering the market = MOON!" We said "Institutions entering the market = BTC starts behaving like Forex and Commodities".
It's great really, because it makes it far more predictable, and it has behaved really well. The chart show the blue Monthly Elliott Wave plot, showing us that we are in a 3-4 downward move. You can see the weekly wave in white and the daily green Elliott Wave within the weekly 4-5, which was a weak 5 as we predicted.
Why am I writing all this? BECAUSE I DON'T WANT YOU TO DO A LOAD OF FOMO BUYING!
The 3-4 monthly move will very likely be an A-B-C move as shown. I have placed 2 different B's on the chart. Mayfair_Ventures thinks the lower one at around 48k. I think that we will get to 53k. My reasoning is that the market is way crueller than even Mayfair_Ventures thinks, and the hype is hypier in BTC than anything else. The rally has to be convincing to fool you all.
It is a psychological trap for all of you. You can actually see it playing out right now. The A seems to be in and now we get the A-B move which fools everyone into thinking that the bottom is in and the momentum is building for a new ATH . It's your psychology that is making you think that, along with 90% of other retail traders. Your FOMO will build and build till you panic into BTC . I don't know exactly when you will crack, but crack you will.
Be Patient The C will come and then you will be a lot safer when you buy. We will be buying with you at that point. We are bullish just not here!
Spread the tag, help your friends. Look at our track record at Mayfair. Keep hold of your money and don't give it to the manipulators.
#nofomo
The Moonbois and Youtube influencers cry that we will never see 35k again. Just like they did last time.
"The bottom WAS in! Hurrah! Hope you bought the dip!" they say............
"Off we go to $275,000, $350,000" or whatever nonsense they were peddling last year.
Let's look at some hard facts. They were all wrong. None of them predicted another collapse to 33k.
Me and Mayfair_Ventures did. Here is proof:
We are not geniuses, but we do look at the price action. It has been amazing as the institutional entry into Crypto (and especially BTC ) has had the effect we predicted, not the effect the gurus predicted. They said: "Institutions entering the market = MOON!" We said "Institutions entering the market = BTC starts behaving like Forex and Commodities".
It's great really, because it makes it far more predictable, and it has behaved really well. The chart show the blue Monthly Elliott Wave plot, showing us that we are in a 3-4 downward move. You can see the weekly wave in white and the daily green Elliott Wave within the weekly 4-5, which was a weak 5 as we predicted.
Why am I writing all this? BECAUSE I DON'T WANT YOU TO DO A LOAD OF FOMO BUYING!
The 3-4 monthly move will very likely be an A-B-C move as shown. I have placed 2 different B's on the chart. Mayfair_Ventures thinks the lower one at around 48k. I think that we will get to 53k. My reasoning is that the market is way crueller than even Mayfair_Ventures thinks, and the hype is hypier in BTC than anything else. The rally has to be convincing to fool you all.
It is a psychological trap for all of you. You can actually see it playing out right now. The A seems to be in and now we get the A-B move which fools everyone into thinking that the bottom is in and the momentum is building for a new ATH . It's your psychology that is making you think that, along with 90% of other retail traders. Your FOMO will build and build till you panic into BTC . I don't know exactly when you will crack, but crack you will.
Be Patient The C will come and then you will be a lot safer when you buy. We will be buying with you at that point. We are bullish just not here!
Spread the tag, help your friends. Look at our track record at Mayfair. Keep hold of your money and don't give it to the manipulators.
#nofomo
Note
I had to repost this for reasons, so sorry if you already read it. The old post was taken down so like this one instead of you like it!Note
Here's is the 2nd options for B (in Red)
eBook ON SURVIVAL: amazon.co.uk/dp/B0BSY763W3
THE CITY TRADERS: thecitytraders.com/?aff=9
Discord: discord.gg/Ma7SnExcWA
THE CITY TRADERS: thecitytraders.com/?aff=9
Discord: discord.gg/Ma7SnExcWA
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.