Today I´ve decided to show you something shocking.
People say they stick to stocks and do not trade Bitcoin or other cryptocurrencies because they are manipulated. I have no proof that it is true or it isn´t but if so stocks are too !
Just look at this fractal (purple trend) is copied from right side (Bitcoin) and set to Apple trend. It fits so much and the conformity is almost 99% even the price grow and corrections are almost the same.
Wanna see more ? Look for further data in chart below. It can reveal where APPL is going next.
------------- Disclaimer: I´m not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature, and therefore I´m unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
Every bubble in history has the same structure. People believe in the economical theory that proclames rational individuals. Speculative bubbles are the clue that this theory is absolute BS. In reality, markets are not "efficient" and create bubbles where the "real" price is not priced. Keynes saw that when he tried to trade. I recommend you read about the Beauty Contest example.
There is no manipulation, it's just how market works in my opninion.
Anoinvest
⋅
@LozoTrader, Thanks for the feedback and recommendation I will take a look. Cheers
GJMRealEstate
⋅
nice comparison.
Anoinvest
⋅
@gjmullen, Thanks ^^
shootinshredder
⋅
def looks similar, could be due to fib relationship levels too but I don't doubt your theory. I'm sure they are always modding and trying to improve their algos. Nice post!
USCG_Vet
⋅
Wow, that's interesting.
Fractals are fractals.
Anoinvest
⋅
@USCG_Vet, Yeah they gonna fractal until they dont. But stocks are definetly fooked.
darkpiggie
⋅
Excellent analysis as usual buddy. Nothing like the average crap one sees around :) I had your post suggested by google LOL. Keep doing the great job!
apsnt
⋅
So there's still a long way to the top ;). I'm not trying to be optimistic here. I think you just confirm my assumptions. I think that Tesla is a prime candidate that will mark an end.
There is no manipulation, it's just how market works in my opninion.