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javieralcazarono
May 19, 2022 10:35 AM

BITCOIN, Never again above 70,000 $ !! Short

Bitcoin / U.S. dollarBitstamp

Description

It all depends on how you look at things.

I do not pretend to be alarmist, much less bearish, in the long term, I simply like to value all points of view, and this? is precisely a VALID point of view. NEVER forget it.
During these years I have seen countless GRAPHICS and all of them are extremely bullish without any justification, even logarithmically.

Well then. Today I would like to add to the market another option also possible. We can observe in the logarithmic graph a curvature in its growth.
People think that we can not return to $3800 because there are logarithmic charts that do not contemplate that possibility. Well, here is an idea.

Invest with knowledge. Do not forget that no matter what asset you work, the SECRET is in the management of capital. Good luck !
Comments
stanosky
@javieralcazarono, is this the famous bitcoin rainbow chart?
javieralcazarono
@stanosky, yes ^^ . It is simply for people to reflect, that there is not only one direction, it all depends on how you look at it. As for example in this other totally opposite and super bullish idea.
capaj
ROFL
arvine11
its wrong!
javieralcazarono
@arviiine, Time will tell, my friend. You can compare the GOLD or SILVER scenario in logarithmic and you can see that it has nothing to do with Bitcoin. On the other hand Bitcoin is losing strength with every rise and the curve is getting steeper and steeper, not to mention the continued monthly divergence it is having. Anyway it is an analysis for people to reflect. Since EVERYONE only sees a single path and that is wrong.

Another positive scenario is the other one I have shared, so we can see that it all depends on how you look at the chart. You will like this one better :)

arvine11
@javieralcazarono im not disagree with your bearish idea but your chart shows downtrend until 2030
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