It's looking like this wave up has exhausted all of its resources. My inclination is to go bullish here because my sentiment/emotions are calmer/better now. However, I'm reading that this particular peak is a good shorting opportunity with all of my indicators.
Even though I love crypto, it pays no yields or dividends or rent, so it's basically the same thing as CASH and impractical to HODL as we shift from 20 years of deflation to a possible 2020's period of inflation.
So going bullish wouldn't be wise here either with the uncertainty of inflation on the horizon.
Even though I love crypto, it pays no yields or dividends or rent, so it's basically the same thing as CASH and impractical to HODL as we shift from 20 years of deflation to a possible 2020's period of inflation.
So going bullish wouldn't be wise here either with the uncertainty of inflation on the horizon.
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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.