BardiniCapital

DONT MISS OUT BTC TO A MILLION EASY BUY

Short
INDEX:BTCUSD   Bitcoin
Are you intrigued by my attention-grabbing headline? It succinctly captures the current state of the BTC market—a clickbait rally. BTC has been riding the waves of the stock market, which reached its peak in January 2022. Around the same time, BTC experienced its own top (within weeks of the market). This demonstrates that while BTC may not be directly correlated with the stock market, its fluctuations of optimism and pessimism are interconnected with the broader market's highs and lows. Consequently, BTC's rally from its low at 3k to an eventual 69k was not driven by a desire for secure wealth storage or a libertarian ideology, but rather by speculation akin to gambling in a casino. Unfortunately, this short-lived rally is indicative of Wave B/2 wave personality. However, rest assured, everyone anticipates that BTC will skyrocket again, and believe me, NOBODY wants to miss out this time! The fear of missing the next rally compelled people to invest initially. Their intention was not to hold BTC or exercise liberty but rather to avoid missing out on the next possible surge in price.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.