


It seems that #Bitcoin needs to proof its a store of value vs speculation for the first time since its birth.....and it doesnt look good..
So many reasons to see this bubble burst...try to be objective and see its a bubble.... im sure Tesla will survive and 10x when the bubble is deflated
Please read and realise everything will be going down this year (crypto, stocks, etc.) finance.yahoo.com
Not looking at the asset...just try to judge objectivly... is this more likely to go up or down the next few months?
I think the stock market will also rally next week in a final effort to fomo pump the markets
1. We bounce back up 40% to the 48k range. 2. We hit Weekly 20 EMA resistance 3. We drop back to 35k range to form a double bottom. 4. We capitulate on very high volume to hit a +/- 23k bottom. 5. Michael Sayler will cry and prevent us from going up above 32k range as he needs to liquidate at break even with his 130k BTC.
Eventhough I think we are in a bear market. We are currently so far oversold on the Daily, that I see a huge bounce coming up. A final 'bull market' fomo run up of around 40 to 50%, before we continue into the bear market for the coming 2 years.
you must be crazy to think this is not going to do a correction... screw the potential final few percentage up....with fed tampering and rates going up this year... lets follow buffet and be ready with lots of cash
Tadaaaaa told ya ! Tadaaaaa told ya !Tadaaaaa told ya !Tadaaaaa told ya ! #fullyconfident
:thinking_face: PLACE YOUR BETS... Last 8 years Bitcoin went down ~29% in january on average...you like to gamble 8 to 1 with this kind of TA setup?? :panic: :bear:
Last 8 years each january has seen a 29% correction on average. Proof: imgur.com It matches perfectly with the H&S outcome
The trend is your friend. We are now much lower then ATH after 10 months...its called a bear market, but people still believe the big bag shillers on twitter. Lets find out if you had to scale out at this time or you should have HODL'd...
Wait for Weekly oversold or wait for new ATH. You do not HAVE to trade....waiting is also a tactic
Will the FED taper be deflationairy? Will the US10y go down again? Will gold act positive like last time?
Bear market about to start next couple of weeks.... no worry...if you can hodl 2 years without remorse of selling to buy the 80% dip, then in sure you will be back in profit again before 2025
Huge divergance between Monthly price and RSI....also on declining volume... This is going to correct 80% in the next few months
sure looks a lot the same to me, sure looks a lot the same to me, sure looks a lot the same to me
BTFD people think this is a live changing opportunity.... bots also react to oversold RSI levels.... IMO this is just a deadcat bounce.