As you can see Bitcoin today has almost the exact chart as in 2014.
So we are facing a trend reversal like 4 years ago. The indicators also show a bullish trend.
But watch out: since it was a bull trap in 2014, I expect the same again. So be careful and open your eyes.
Don't be greedy after making good profits.
So we are facing a trend reversal like 4 years ago. The indicators also show a bullish trend.
But watch out: since it was a bull trap in 2014, I expect the same again. So be careful and open your eyes.
Don't be greedy after making good profits.
Note
You're right, the market is not the same as it was years ago. We have a higher volume and therefore a slower market.But human action will always be the same for our happiness. So it makes it easy for us to have a template from 2014 because the charts are always the same in a crash. We humans still act like 4, 10 or 20 years ago. That will not change.
Trade closed manually
Forget what I said... we are already on the top of the bull trap. Go out and safe wins. When we had a bearish cross in the weekly 2014, the course collapsed over the next few days and we are about to do it again! The daily chart also looked bullish at the time. In truth, it was just a trap!
For now I am in Tether and I am waiting for the end of the weekly chart.
Sorry for my mistake!
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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.