TradingView
Dude56
Jul 26, 2018 10:50 PM

Wall street psychology market cycle finishing now? 

Bitcoin / DollarBitfinex

Description

Bringing wall street psychology cycle to Bitcoin chart.

Psychology wall street chart link:
ritholtz.com/wp-content/uploads/2010/06/Psychology-of-Market-Cycles.jpg

Comment

This is just beautiful dudes! The cycle is actually happening again!

Comment

Disbelief happening

Comment

Sorry for being silent but I was waiting for the perfect timet to post. Looks like disbelief phase is now over. We are now ready for the bounce. The hope and bull run starts when Bitcoin breaks 8.5K .
Bitcoin ready to bounce now and start running up slowly.
Comments
nomisl
Looks very good. Although it'd make your chart even better if you showed the psychology chart as well just so people can do a comparison. Well done nonetheless.
Dude56
@SaimanLi, Posted the link in comment and in my social media( Telegram for example)
nomisl
@Dude56, ah right sorry didn't see that.
cryptotrixx
Looks perfect! Good job Dude!!
greg108
Market is waiting for TON release from Pavel Durov. Crypto is competing by functionality. Speed is solved (not by Bitcoin), but usability wasn't solved yet (u can't buy pizza, nobody accepts crypto as cash) So at the 4yh quater Durov releasing Ton. That can be transacted and accepted by anyone through Telegram messenger. That's huge upgrade in usability, meaning Ton is going to skyrocket and everything else will tank. In 2019 Viber introduces its new Crypto through messenger. Other Crypto may still grow just not as much as new Messenger based Cryptos. Messenger cryptos should grow like Amazon
greg108
can u just wait for 13 month from the top? it's a fantasy cycle.
Dude56
@greg108, You are not in stocks market
vh6889
Personally, I won't buy until seeing a clear signal. I don't think BTC is ready for bullish, at least on weekly chart:



Even BTC up, 9600-10200 are strong resistance zone and it maybe retests 6700 level. The question is how many profits you can get and how much if you lose? I believe that crypto needs to die to have a new begin.

It's nonsense when someone just clones code very simple to make a shit coin then PR to sell it for real money! Almost 1700 coins right now, the crypto market just is a pure Ponzi system. It must be correct by better rules.
raydar07
I don't believe we have seen the bottom just yet. 3300 is the depression area IMO.
More