The end is nigh for digital currency. Bitcoin will never see $12,000 again. The Party in equities is also about to end like the Hindenburg and mankind will reap the rewards of all that it has sown in the process of helping the Chinese Communist Party install socialism and persecute Falun Gong around the four corners of the globe.
There is a lot of money to be made in the deflation of a bubble, so long as you're not the sucker holding the bags. Unfortunately, since you like to trade long only and you like to chase the reflection of the moon in water while you're intoxicated on lies, you're the rule, and not the exception to that rule.
You're the food, not the Orca. The part of the story nobody tells is the poverty and austerity that comes during recession brought in by the installation of socialism. Even those who ran the front and facilitated the transaction will be subject to a bitter winter. In the end, everyone will see that all participants were useful idiots, that is, pawns who were merely being sacrificed so that Chinese Communism could rule the world under a moon tinged by its blood red flag.
Trade short anywhere above $11,500 and send Arthur Hayes a postcard to remember you by while he and his Hong Kong triad (CCP United Front) boys rot for the rest of their lives in prison.
Market structure will be broken. All the double bottoms formed along the way will be smashed. Four digits will be lost. Although five digits will come back, it will come back only once and in most ill form.
Buy yourself a Supra with the proceeds and name it "Liquidated Long". Enjoy looking at it in your garage since you won't be allowed to drive it during Wuhan Pneumonia lockdown.
There is a lot of money to be made in the deflation of a bubble, so long as you're not the sucker holding the bags. Unfortunately, since you like to trade long only and you like to chase the reflection of the moon in water while you're intoxicated on lies, you're the rule, and not the exception to that rule.
You're the food, not the Orca. The part of the story nobody tells is the poverty and austerity that comes during recession brought in by the installation of socialism. Even those who ran the front and facilitated the transaction will be subject to a bitter winter. In the end, everyone will see that all participants were useful idiots, that is, pawns who were merely being sacrificed so that Chinese Communism could rule the world under a moon tinged by its blood red flag.
Trade short anywhere above $11,500 and send Arthur Hayes a postcard to remember you by while he and his Hong Kong triad (CCP United Front) boys rot for the rest of their lives in prison.
Market structure will be broken. All the double bottoms formed along the way will be smashed. Four digits will be lost. Although five digits will come back, it will come back only once and in most ill form.
Buy yourself a Supra with the proceeds and name it "Liquidated Long". Enjoy looking at it in your garage since you won't be allowed to drive it during Wuhan Pneumonia lockdown.
Trade closed: stop reached:
So much for bearish three drives. The most likely route Bitcoin is going is to run the long-term stops at $13,000 and $14,000.
Don't get your hopes up for a new all time high. Although it is definitely possible now.
Don't get your hopes up for a new all time high. Although it is definitely possible now.
