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Bitcoinbubble

THE BITCOIN CRASHIt is clear that the cryptocurrency bubble has suffered a fall, but the worst is yet to come. Bitcoin does not have any kind of value, and this reminds me of the .com bubble of 99... where only those companies that really provided good value survived. Well, I think something will happen this way with the "Blockchain" technology. Many worthless projects will be destroyed and only those with a very good value will survive in the future. The currency "Bitcoin" is not a PONZI. What is a PONZI is the number of projects that are created in order to scam people, we have already seen many scams... Squidgame token... Omicron Coin... LUNA... USDT?? These scam projects or projects with pure FOMO and meaningless, as they happened in the 99's, will devastate the entire Blockchain and economic sector... Bitcoin has provided a great technology, the "Blockchain" that is why I appreciate it like many other people. Bitcoin is great and I'm a big fan of it, but sadly, the bubble is going to burst. Without a doubt THE WORST WORLD CRISIS as I mentioned in my other article of "2023 Global Crisis". It's literally not one bubble, it's several... You would see this bubble as a bubble within a bubble within a bubble within a bubble within a bubble within a BIG bubble. If any bubble bursts (which will burst), the rest will too, maybe a little longer or a little less, but they will. In the graph you can see that my levels to which Bitcoin can fall are between $6,000 and $25 Some people will call me crazy, but in reality my figure is not true since no one can predict the PRICE of the market. What people can predict is how other people predict a price with FOMO. You don't have to be a genius to see it, you just have to walk away from the party and see how others enjoy very loud music while the next morning everyone is on the floor. Please do your own research and do a lot of research on this. DO NOT PUT YOUR MONEY IN CRYPTO STABLE COINS, Thanks. I AM NOT A FINANCIAL ADVISOR. YOU AND ONLY YOU ARE RESPONSIBLE FOR YOUR INVESTMENTS AFTER READING THIS ARTICLE. Thank for reading this article (if anyone has read it), A pleasure to share my advice, Esiquiel ;)
BITSTAMP:BTCUSDShort
by TheWaterBottle
3
HODL! but not to your crypto...It is just an addition to my previous BTCUSD idea which was more based on RSI indicator. Here we have not 1, not 2 but 4 different resistances: the first and the most obvious one comes from the previous ATH, the second and the third one comes from the upper levels of the upward channels 1 & 2. The forth resistance presents itself in the RSI - currently we are stuck at 84 value. But wait, there's more: Greed and Fear index is 95 which is crazy even for Bitcoin (this index has never seen bigger numbers). And hey, we still have to see at least 25% correction and touch 20 weeks MA.
BITFINEX:BTCUSDShort
by Detri_Mantela
THE ONLY CHART THAT MATTERS!Today I made a video called 'BITCOIN vs STOCK MARKET BUBBLE 2020' (link in signature) - Inside a month we have nearly liquidated more assets than what was lost during the entire .Com bubble! There is a chance to catch within a few months around 16-17k - however - the market won't fully be recovered and healthy again until we do a full reset all the way down around 12,000. If that indeed happens then by the time its all said and done Wall Street would have lost more money than the .Com Bubble and Great Recession combined! But hey at least the charts show that 2029-2031 should be booming again! Peace & Love - BK
TVC:RUTShort
by bdkelly1203
I Think Bitcoin is Heading Into Another Big BubbleThe market insiders' business model is to create fear of missing out, or FOMO, and then panic in a way so that it is at once both cyclic yet appears random. FOMO is when demand outpaces the "fair value" of an asset. It's "overvalued". Price goes up. Warehouse gets emptied out at "retail" prices during the distribution phase. That selling also creates PANIC which makes retail traders sell, supply increases, and demand falls. The price falls. It's "undervalued". Warehouse gets filled at "wholesale" prices. How do you get someone to buy something that's overvalued? Trick them to make them think they're going to get rich quick. That THEY too can sell to the greater fool! But alas, they ARE the greater fool. All that FOMO and Hopium of 2017 had so much residual energy that market insiders sold into that demand for a year as demand tapered off and traders left the market, dejected that they lost money. They released their assets where the market insiders gobble them up cheaply and fill their warehouse once again. Then they figured why not have a good old-fashioned bear market echo bubble to wreak havoc on indicators and moving averages to keep traders guessing. But all it did was make very obvious one important fact: Bitcoin is squeezing into a pattern we see in Bitcoin all the time on shorter time-frames: The Symmetrical Triangle, Pennant, Bull Flag, whatever you want to call it, Bitcoin is coiled up inside of a very, very large one. Traders have their "number" where they are willing to jump back into the market. They will give Bitcoin the emotional FOMO energy it needs to break its All Time High and rocket past the moon toward Mars. I hope you're ready to onboard 100 Million people into crypto, and take their money! Peace, Love, & Crypto, B166ER
COINBASE:BTCUSDLong
by B166ERcrypto
3
From a bubble to a new paradigmJust some thoughts on the market psychology on bubbles. Prevailing market sentiment on Booking in 2000: "No stock can recover from that type of bubble." "Booking is the new Tulip bubble, they took your money for good." "Internet companies? The Internet is nice but you can't expect them to be able to make real money." Prevailing market sentiment on Bitcoin in 2019: "No financial asset can recover from that type of bubble." "Bitcoin is the new Tulip bubble, they took your money for good." "Digital currencies? Cryptos are nice but you can't expect them to have any real use in the real world." Booking went from one of most thunderous busts of the Dotcom Bubble to being its industry's leader. Despite Bitcoin's impressive historic chart, it faces the same degree of disbelief. Will history repeat?
BITSTAMP:BTCUSD
by TradingShot
6
Bitcoin : change of structure, possible slow and long declineThis is how i see the current Bitcoin crashing structure. The breakdown below the 6k descending triangle broke the main bullish structure. I am expecting a slow declining Usd value, in a sort of similar way of the first Bitcoin bubble. Lonely differences: market cap, and time frame. As you can see, the current crashing market is developping around 6x slower than the first Bitcoin crash, which makes sense considering the difference of capitalization. It took Bitcoin around 135 days since the eventual current position in the same structure, to start a bull cycle. Which means the current Bitcoin cycle could start a bull run in around 2 years. Yes, this is a possibility. Of course this is just some technical speculation, but this might not be far from what is about to happen with Bitcoin , 2 more years of bear market. I could be totally wrong, this is just an hypothetical analysis. But this is something to be aware of, if you are feeling able to invest and wait for some years. Stay tuned.
BITFINEX:BTCUSD
by Giovi6969
46
What Market Makers thinks of this chart might surprise you!!!!!!Bitcoin was a clever idea. Idealistic, even. But it isn’t working out quite as its developers imagined. In fact, once all the coin has been mined, bitcoin will simply reinforce the very banking system it was invented to disrupt. Bitcoin may have been meant to disintermediate the agents of trust who monopolized commerce and currency. Like the internet, it was meant to engender trust by connecting people directly to one another. But all it really did was substitute for trust in a new way–with computer cycles instead of a human or institutional middleman. As such, it ended up less a way of promoting transactions and trade than the same old extraction and growth. So just as our computer screens became just another outlet for television, our blockchains will become just another instrument of the financial services industry. a vast number of investors erroneously believe that if the stock market rallies, so will bitcoin. at the moment we're just waiting for BITCOIN to Burst there FUDs we need to see a Bullish action (desperately) and as per any Financial Institutions recommendations our eyes are glued until it made it's First bullish break by crossing over $10770 which will confirm our first phase - Break in Trend line and Dynamic resistance Let's wait for more confirmations and freakout of wall streets :) GOOD LUCK!! have any doubts? than, let us know in the comment section below and make sure to give this analysis a Thumbs UP +_+ Join our Telegram (link in BIO) Source - General public Information!
BITFINEX:BTCUSD
by BloomFisher
4