Bitcoin’s current price action is far from healthy, and it could easily complete a Head and Shoulders pattern, leading to a correction down to the $40,000 range. While many may find this hard to accept, it’s time to face the reality: Bitcoin and other cryptocurrencies are no longer what they used to be, and altcoins are unlikely to experience another true altseason.
In 2025, the crypto bubble finally burst, revealing that digital currencies have far fewer real-world applications than promised, and public interest has faded. I’m saying goodbye to cryptocurrencies and shifting my focus to the Forex market. I will never “HODL” again, as this market has proven itself to be one of the dirtiest in the world.
Just about four weeks ago, the crypto market crashed in a way no other market does a clear sign of the disastrous manipulation by entities like Binance, which create extreme price traps to liquidate traders.
In 2025, the crypto bubble finally burst, revealing that digital currencies have far fewer real-world applications than promised, and public interest has faded. I’m saying goodbye to cryptocurrencies and shifting my focus to the Forex market. I will never “HODL” again, as this market has proven itself to be one of the dirtiest in the world.
Just about four weeks ago, the crypto market crashed in a way no other market does a clear sign of the disastrous manipulation by entities like Binance, which create extreme price traps to liquidate traders.
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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.