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racethehare
May 31, 2020 10:12 PM

If this ugly setup hurts your feelings, you have FOMO bad Short

Bitcoin / USDCurrency.com

Description

There is no way in any market this setup a bull run. Once again, the calm before the perfect storm. 2017 retail traders are exhausted, stops are tight, and longs are over-leveraged.

You say "but, but BTC halving and CME expirations"?
You say "miners underwater about to go bankrupt isn't a problem", even though it is the absolute core of the network?
You say "alt season is coming"?
You say, "when it hits X, I will cash out"

You must have November-2018-FOMO-syndrom. If you didn't learn from the first time, this is the second time, so shame on you if you don't guard your investments!
Comments
TiDu1981
racethehare
@TiDu1981, Its a conspiracy!!
upwards
@TiDu1981, lol imagine taking this seriously. hilarious
astromaniak
Many people don't know that BTC is not Bitcoin anymore.

racethehare
@astromaniak,thanks for sharing
adamicius
Many people would like this in order to "accummulate more", but I find it extremely unlikely
1. price seems to be consolidating / bullish flagging already at this point...

2. It would completely invalidate both S2F and rainbow chart price model
S2F digitalik.net/btc/
blockchaincenter.net/bitcoin-rainbow-chart/

3. Going sub 3k would basically imply end of bitcoin for the foreseeable future... Of course, anything can happen in theory, but as I say, probability is very very small....

A brief return under 10k is possible, a touch of 6-7 k region is conceivable... but we might also see in retrospect that the train has already left the station... with next stop 15k 20k and above ATH
anypanda
@adamicius, delusion. Forget S2F or any other model, you'll get rekt following any bias.
nabil92nar
Yeah you are right.
Darkside999
Im a bear myself but this is quite comical hahah..listen noob..theres no evidence at all that we will be hitting $900.. TA Is not a crystal ball..but there are plenty if evidence that we will see 6k $7700 area
racethehare
@Darkside999, "not a crsyal ball" as he makes a call predicting the future with certainty...
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