No matter what sort of analyses you do, most of them are targeting the $70K to $80K area for the top of the BTC bull market.
Points:
- Crypto YouTubers are calling for a $100K BTC top (that means it probably will not reach that level) BEARISH
- The excitement is around and everyone thinks they are a genius. (One of my customers bought 1 BTC at $35K, I said that he should be careful and he replied that he is up $30K, nothing to worry) BEARISH
- Fed just restricted policymakers from owning individual stock (translation: excuse to get the f*** out of the market because the top is in, so the crypto) BEARISH
- My Cyber Security trainer asked me for a presentation about crypto. (He just heard that I was into it (FOMO coming means top is near)) BEARISH
- Elon Musk is now in love with BTC again (Posting "very smart funny memes about crypto") VERY BEARISH
- ETF narrative is good and says that BTC will go to $400K because all these trillions of dollars were waiting for that (they are actually waiting for your liquidity)
- Surprisingly, Bitboy is bearish (come on, Bitboy is bearish, there is no best bear signal than that) SUPER HYPER BEARISH
My bias: bearish
Points:
- Crypto YouTubers are calling for a $100K BTC top (that means it probably will not reach that level) BEARISH
- The excitement is around and everyone thinks they are a genius. (One of my customers bought 1 BTC at $35K, I said that he should be careful and he replied that he is up $30K, nothing to worry) BEARISH
- Fed just restricted policymakers from owning individual stock (translation: excuse to get the f*** out of the market because the top is in, so the crypto) BEARISH
- My Cyber Security trainer asked me for a presentation about crypto. (He just heard that I was into it (FOMO coming means top is near)) BEARISH
- Elon Musk is now in love with BTC again (Posting "very smart funny memes about crypto") VERY BEARISH
- ETF narrative is good and says that BTC will go to $400K because all these trillions of dollars were waiting for that (they are actually waiting for your liquidity)
- Surprisingly, Bitboy is bearish (come on, Bitboy is bearish, there is no best bear signal than that) SUPER HYPER BEARISH
My bias: bearish