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Blow-off

The end of Bitcoin Speculative BubbleThis obviously isn't a technical analysis, but an example of what a blow-off would look like if it is indeed what we are going to experience (and i strongly believe we are). We know that bitcoin is a speculative bubble, we know what a speculative bubble blow-off look like, we know that a bubble that takes 10 years to appear can blow-off in just a few months. Take care of your money and most importantly of yourself and your family, don't stay in a sinking boat because of anger, fear or greed, take whatever loss/profit you made and get out of the biggest ponzi scheme ever created before it's too late ;)
BITSTAMP:BTCUSDShort
by Biscuitage
15
BLOW OFF PHASE? speculative bubble scheme.We all believe in cryptocurrencies and the technologies behind. But only a blind couldn't see that's it is a speculative bubble. The scheme is typical, very clear and acurate. Although we knew several strong corrections in the past, this one could be different. Indeed, the past corrections were BEFORE mass public investment. It means that the market could be governed by fear. Those we call weak hands maybe have the power to change things at their expense. Of course there is also whales, which manipulate the market and finally take their benefits. It's also interesting to compare this bubble against others. I.e the URANIUM BUBBLE of 2007. Institutionial futures contracts are often the final point of a bubble. Daily charts and weekly charts indicators are pointing down. Which possibility are you going to chose? -Buy more BTC and hope that it's just a "normal correction"? -Hodl and your patience will probably pay? -Sell and re-buy cheaper? It's up to you. Don't hesitate to comment your opinion, it would interest me A LOT!
BITSTAMP:BTCUSD
by BrieucdeLooz-Corswarem
18