There were many Parabolic rallies since 2011. But last two years the parabolic rallys less and less possible and for a moment I do not see any parabolic rally.
Trx will be dumped after first staking of Sun on 16 September will not be so high as investors expect.
Time for parabolic fall. -Buncrupcy waves worldwide due to lockdowns -new grow of covid infections -elections in USA -new wars in middle east -sanctions agains russia There are more and more black swans landing till end of the year. We will see parabolic crush even bigger than in March.
Bitcoin in parabolic fall with 8000 in next week
Till end of the September the window when miners dump their bitcoin for price above 10 000 is 50 days. This one is closing in 2 weeks. Taking into account that in New York luxus properties already crushed more than 60% in price I expect similar crush in bitcoin till end of this year. 6000 is the dip to buy some.
Ascending triangle is formed in Bitcoin chart. Breakout in this week will be the decision maker and set the direction where the travel goes. Break above 10500 €uro ~ 12500 $ will start the pump rally. Will bitcoin not hold the 10000 till Monday, the crush will start.
There are only 49 Days every year when one can sell bitcoin above 10 000. If this time it will hold longer than 49 Days, then this would be a new rally to new ATH highs. Otherwise there will be a crush till 4000
Ripple further losing his value against ethereum and is almost at same lows price as like two years ago.
Verge coin were never so cheap in compare to ethereum. If the bottom 0.0001 will not hold the free fall will start
BNB in have had his maximum in compare to ethereum and now in permanent fall
Alternative coins were not so cheap in compare to ethereum. All are in free fall or ethereum is pumped by selling alts for ethereum and generating artificial ethereum deficit
In last 2 years there were rare chances to sell bitcoin above 10 000. It was possibly only for 50 days - less than 2 Months. August and September would be he last chance to sell above 10 000, next most possibly in one year.
There are no more buyers ready to exchange their Bitcoin to Ether anymore. The long positions in ethbtc - wanting to buy Etherum reached maximum. Same case year ago with 200 day correction. Most possiblty Etherum will be at 135 till end of the year.
Everybody think it is an rocket going to da moon when we are all on titanc, that up shortly because of sinking.
I do not think the rally could hold on as of there are to many economical problems that will appear as soon as new lockdowns worldwide will start. People will need to sell all to pay bills
Oil form perfect arc and is at his maximum with potential fall back to 20 USD till end of the year
After 2008 it was more profitable to store in Silver than in Technology Stocks. Now it is getting the same trend - better Silver as Metal than Techno stocks.
Earning of Tesla is high but most of provit are CO2 emission Certificates ca 400 million $ not a real production. Tesla soon below 1000