BTC We are in Complacency Stage Fear and Greed 101
Not financial advice.
Classic fear and greed. If your profiting.
Take your profits re-enter in End of June.
Last little run up with everything before the 20% or more crash. Back to 41-44k
Then retest 52k to come back to 30-32k.
I'm sounding the warning. A 60k isnt sustainable currently.
We are currently in the complacency stage of the fear and greed and it'll come like a surprise out of nowhere and complacency will turn to anxiety. And anxiety to anger.
Ive included an analysis I first did way back in Feb. And ill say again. Nothing has changed my mind.
If anything it reaffirmed my suscipions when I see trash tokens rising 1000's of % and good sound quality Real world use tokens is still waiting for their time in the sun.
For many of the people that follow me. They knew I was expecting a 40-50% retrace off this local high.
And here we are.
Hit 65k not enough buying pressure to resume uptrend.
I'd be patient and wait for an entry between 41k-44k especially if 50k can't hold.
I have my doubts.
We are in a bear market not just in crypto but also in stock market.
It'll get nasty here shortly . For we are in the complancy stage and everyone being Naive.
I'll be patient wait it out and swoop in when everything quiet once again
Still expecting a 30-35k btc overall by end of June unless something change my mind.
Support the legalizedhustler
#hustlabynature
#financialnostradamus
#poorfromtheoutside
#PFTO
Classic fear and greed. If your profiting.
Take your profits re-enter in End of June.
Last little run up with everything before the 20% or more crash. Back to 41-44k
Then retest 52k to come back to 30-32k.
I'm sounding the warning. A 60k isnt sustainable currently.
We are currently in the complacency stage of the fear and greed and it'll come like a surprise out of nowhere and complacency will turn to anxiety. And anxiety to anger.
Ive included an analysis I first did way back in Feb. And ill say again. Nothing has changed my mind.
If anything it reaffirmed my suscipions when I see trash tokens rising 1000's of % and good sound quality Real world use tokens is still waiting for their time in the sun.
For many of the people that follow me. They knew I was expecting a 40-50% retrace off this local high.
And here we are.
Hit 65k not enough buying pressure to resume uptrend.
I'd be patient and wait for an entry between 41k-44k especially if 50k can't hold.
I have my doubts.
We are in a bear market not just in crypto but also in stock market.
It'll get nasty here shortly . For we are in the complancy stage and everyone being Naive.
I'll be patient wait it out and swoop in when everything quiet once again
Still expecting a 30-35k btc overall by end of June unless something change my mind.
Support the legalizedhustler
#hustlabynature
#financialnostradamus
#poorfromtheoutside
#PFTO
Trade closed: target reached:
Said 41-44k complancy stage.
Expect a bounce here to 48-52k level...
Before drop to low mid 30's
Expect a bounce here to 48-52k level...
Before drop to low mid 30's
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I'm thinking Mid June is all that changed..
If your interested in a long term strategy for cryptocurrency PM me. I have a sound strategy mapped out going forward.