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Moshkelgosha
Apr 23, 2021 3:06 AM

Correction, Crash, or Burst of a Bubble? Short

Bitcoin / US Dollar IndexBitMEX

Description

A market crash is a rapid and often unanticipated drop in prices. A market crash can be a side effect of a major catastrophic event, economic crisis, or the collapse of a long-term speculative bubble.
A bubble is an economic cycle that is characterized by the rapid escalation of market value, particularly in the price of assets.
This fast inflation is followed by a quick decrease in value, or a contraction, that is sometimes referred to as a "crash" or a "bubble burst."
https://www.investopedia.com/news/cryptocurrency-bubble-more-housing-or-dotcom/

Comments
PipFor
Well written, thank you for the great idea
TR7z
my idea
matthetradingexpert
My guess is correction. Its been a while since we tested the 20W SMA. We are still in bull market at this level, and it seems there are still a lot of buyers around 50k. HODL
homirne
Could you save your time and drink a cup of coffee!
We understood you believe bitcoin will crash. Thank you. All expect this.
heavy_assault
might be because of biden's tax thing, people taking profits now ahead of reform. in any case shtcoin had its run and needs to go back under 10k.
CryptoSignal2
Bzw I closed all my crypto after reading ur post a weeks ago. Thank you
TR7z
great job
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