But I believe that there is copious amounts of people on the sidelines, and I think max pain is straight up.
Completely erase the bear market with very minimal pull backs along the way.
If there is no recession, or very shalllllllow one, then there was actually no reason for the price to have ever come down, and we would simply continue the bull run which should have continued on the double top.
Completely erase the bear market with very minimal pull backs along the way.
If there is no recession, or very shalllllllow one, then there was actually no reason for the price to have ever come down, and we would simply continue the bull run which should have continued on the double top.
Note
Additionally, we have a TON of fresh money becoming unlocked via tax returns after last years tax loss harvests. that fuels the 2nd leg up, along with short covering.Note
Almost ever single analyst is skeptical of the rally, talking about pull backs. bitcoin likes leaving people behind and punishing them for having no faith.
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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.