The title says enough. We might be in a similar type of rally like we had in 2017, which means that you won't be getting any chances to buy lower after corrections. 12 Jan 2023 is when BTC began pumping, just like in 2017, I have used the bars pattern from that period, that pump lasted until a blow off top in Dec.
A few months back, I wrote a guide for identifying blow off tops in the S&P. I've linked that idea below. We are currently witnessing all the signs that a blow off is in progress.
This 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...
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...