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VaidoVeek
Sep 9, 2021 9:12 AM

BITCOIN | WHAT IF...!? 

Bitcoin / United States DollarCoinbase

Description

Hi,

Recently I have seen quite interesting pictures or comparisons about the Bitcoin movement and the famous psychology of market cycle. Wanted to share it and here it is...what if... ;)

No need to draw big conclusions from this, just interesting, not realistic. ;)

Regards,
Vaido
Comments
Larry10
Interesting perspective but unrealistic due to fundamentals
dominoman
@Larry10, can you elaborate?
Just4FunTrader
@Larry10, not unrealistic, just a bit more unlikely.
BizzarTrading
Fundamentals has 0 value, market sentiment don’t cares about fundamentals.
ChrisCT2
@Larry10, agreed. It's not really anything except for a mirror image of what happened already. Love the comments though.
timur369
This is the way, good job
hh098
That bull trap was actually a bear trap. "Return to normal" is the actuall bull trap.
VaidoVeek
@hh098, bull trap because of "Buy the dip" ;)
The_Profit_Prophet
@VaidoVeek, bear trap because of the short squeeze which came shortly after the closing of the second H&S formation ;-)

EDIT: Also, buying the dip is for going long and it had a 65% increase since that specific dip.
Xii-Nyth
@hh098, id agree I sold there since everyone was expecting a dip to 20k with the gbtc unlock
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