Just look at the chart. There's nothing to say about it.
There won't be a bull market so soon after the 2017 bubble to bail out all the normie top buyers.
This provement is purely unsustainable speculation by leverage traders. Nothing more than that.
Blockchain is a overhyped technology. Bitcoin doesn't have much use outside of speculation.
Echo bubbles are a widespread phenomenon seen across many different markets, caused by overly eager speculative traders.
A new bullish market cycle won't happen until we have cooled down for a number of years and found new use cases for Bitcoin .
Until then:
It's over.
There won't be a bull market so soon after the 2017 bubble to bail out all the normie top buyers.
This provement is purely unsustainable speculation by leverage traders. Nothing more than that.
Blockchain is a overhyped technology. Bitcoin doesn't have much use outside of speculation.
Echo bubbles are a widespread phenomenon seen across many different markets, caused by overly eager speculative traders.
A new bullish market cycle won't happen until we have cooled down for a number of years and found new use cases for Bitcoin .
Until then:
It's over.
Trade active
Note
Any move up = bull trapTrade active
Everything or nothing.Trade active
We're all going to make it.Trade active
Don't let Cryptomaniacs take your fiat. Stay strong. Stay short.
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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.
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.