Bixley

Crypto Market - A Ticking Time Bomb?

Long
BITTREX:ENGUSD   None
This has recently been on my mind, what would the effect on the industry be if altcoins take option one?
How would it affect society?
What are the implications?

I have analyzed many charts, a common theme I view among many of them is this degenerate phase, some coming out of it recently, while some still in it.
As each day passes, we approach a bottom for this degenerate phase as seen in the comparison below.


As many coins are breaking out from this Degen phase, I see option one occurring, a placed, very slow ticking time bomb.
I'm not an expert, but I am very invested, and I do see "flaws" like this with the market.
Lets see what happens.





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.