On his rational path - and humming his favorite song, 'rational bear' was confronted through an 'imaginary unicorn calf' blocking all the rational trendlines in his sight! again. So suddenly!
Will taking the detour above the 'unicorn hill' be mandatory once again? - Or could 'rational bear' just go back in time - or just duck down, and crawl along the volume chart?
Just to illustrate the weirdness of such a bubble I am not into magic.
Beware. The way down is faster than the way up. Generally trading, slowly, patiently makes more sense
Any reasonable clues/arguments at this point?
(/Who watched fine resolution tick data from the previous bubble/s?)
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disclaimer: do not trade if this if you dont trade this. I'm long a bit but getting troubled about it, if i should respect the money i have and restrain from this... . Of course Long at the start of the bubble makes sense. IF you could tell exactly where the top.Short at the top would be nice too, just because it is exponentially getting less and less likely to grow any further at some point surpassing most expectations, and when it is already running up almost 90°. Yet if you enter too early you cant know if it will go up another few $100 for just a brief moment before really turning .
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unicorn calf is feeling lucky: "bitcoin went all above my head, all over my head! so so very happy"
(Remember it is powerful but insane and imaginary (out of thing air) as well)