Get started

Bearmarketsignal

Fortune Favors the Brave - Fifth wave (Ponzi scheme)Fortune Favors the Brave - Yet another sign that a mania is mature. Hyperbole is a useful word to know. Meaning, “ exaggerated statements or claims not meant to be taken literally, ” an example would be something like, “ That cat is the size of an elephant!. ” Hyperbole is used when we want to emphasize a point, mainly because of our conviction and belief in the subject being stated, and when we are very excited . It’s no surprise, therefore, that hyperbolic language is found towards the end of manias. The most recent example came this week with this advert aired on U.S. television featuring the famous actor, Matt Damon. As he walks past historical figures of explorations and achievements such as climbing Mount Everest and the moon landings, the clip ends with an awe-inspiring view of planet earth and the strapline, “ fortune favors the brave. ” The product that is being advertised? Crypto.com , the online exchange for cryptocurrency trading. Comparing investing or trading in cryptocurrencies to such epic achievements of the human race is hyperbole . It’s the latest exhibit of unfettered speculation in the mania of crypto and fits perfectly with the tail end of a fifth wave . As the chart above shows, Bitcoin is labeled to be in the final fifth wave of its rally from inception . This chart shows it priced in Gold , but Bitcoin priced in U.S. dollars has a very similar structure. One clue which characterizes a fifth wave is that Primary degree wave ((5)) is shallower than wave ((3)), despite the much-increased manic behavior around the sector. Some people are stating that Bitcoin et al is a Ponzi scheme that will collapse ( one commentator states that it is much worse than a Ponzi scheme in fact ). We’ll leave that for others to decide. All we know is that when we see such a clear Elliott Wave structure, combined with such sentiment, the probability of a major top is high and growing. When Amazon shares crashed by 95% amidst the dot.com bust just over twenty years ago, the “ brave ” thing to do then was to buy. If, as we suspect, the crypto-mania suffers a similar shakeout , perhaps the brave thing to do will be to buy the leader that survives. But don’t expect any high-profile adverts about it. Ponzi scheme - Bitcoin Crash dot.com vs crypto.com F.E.A.R Today, there is the State Of Fear how can we "SEE". The Fear and uncertainty in the markets. However, this is typically seen with declining. How is fear seen?. My frailty as a human has shown itself a sign of it eating them like cancer. Often times you will encounter people who will cause you to doubt your own development. This can be due to seeing their false image stunts or ridiculous drivel about trading methods. See that you mind your own business always. Life has an uncanny ability to present distractions. Even when you didn't ask for their opinion. Why would someone who doesn't know what you are learning to be concerned with your development, to begin with? Keep the focus on your task... improving from where you were yesterday. You see the proof... you witness the evidence. Give no time to fools. Energy and time wasted on the unlearned who stay in doubt or envy is a terrible drain on your productivity as a student. I don't care who they are or what they say... I remain... and so shall you. Good Luck!
TVC:GOLDShort
by ferGOD
8
Bulls make money, bears make money, pigs get slaughtered.Remember, my goal is to stay in the game. The people who got wiped out by the crashes tended to be people who never took anything off the table, who never felt greedy, who got slaughtered by their own piggishness. Have you taken your profit? Have you booked anything? Or are you being a pig? Because you never know when things you own are going to crash. You never know when the market could be wiped out. You can't have certainty. At those times, you have only human nature to guide you. I would like to wish you all a Happy Xmas, and regardless of your religion, I wish you to spend moments of peace and happiness with your family and friends, it is time to celebrate life!
BNC:BLXShort
by ferGOD
8
Litecoin it's in the bear marketIn this overview, Litecoin it's in the bear market and we see that this cryptocurrency it's leading to the previosuly minimum historical price on 2020 and part of them see on 2018 and 2019. So, in this weekly timeframe, Litecoin forming a bearish descending triangle and retest of this chartist pattern indicating a bearish trend. And now, in the monthly timeframe it's extremely bearish in Litecoin and the trend it's very clearly that this cryptocurrency it's dominate by bears in this market.
COINBASE:LTCUSDShort
by harisonhbn9718
5
Bear MArket Warm UP - U.S. stock markets opened sharply lower on Thursday after a new 40-year record high for U.S. inflation stoked fears that the Federal Reserve will have to raise interest rates repeatedly this year. Earlier, official statistics showed the consumer price index rose 0.6% on the month and 7.5% on the year, its highest since 1982. The rise in prices was broad-based, with the majority of sub-categories for various goods and services showing an inflation rate of over 5%. The labor market, too, showed further signs of having ridden out disruptions from the wave of Omicron-variant Covid-19 quickly, with initial jobless claims falling by more than expected last week to 223,000. The figures were a disappointment to the bond market too, pushing yields (which move inversely to prices) at the long end of the curve up by around 5-6 basis points. The benchmark 10-Year Treasury note yield, which had fallen on Wednesday after a well-received auction, rose to 2.00% for the first time since August 2019. CRYPTO is not the safe haven dont be..... you know it.
U
by ElGatoTrade
BTC TO 30K AND BELOW LEVELS Bitcoin price broke 38K level with a massive bearish bias down trend, this put BTC in a critical point as it's placed below most of reliable moving avergaes, previous demand areas, pivot points as well as no REAL support is on the way till 30K, with the fear and fud spreading, considering the fact that bitcoin investors or crypto in general are no longer limited to Pro traders, experts or even famous people. NO, crypto is now occuipied with tik-tok and teen noobs who can be called NOOBS and have no control over emotions compared to experts and well trained traders, paper handed are panic selling. There is no sign of bounce from here. hope to be wrong actually!
Short
by ALMULLMZ
Is BTC in a bear market?Hey guys, quick update here. Yesterday Bitcoin went down again. Now, everyone is very fearfull and now it's time to start thinking wether the bull party is over or not. What do wee see on the chart? - You can see that Bitcoin is still in a falling wedge pattern. - Bitcoin is now testing a critical support level. - Bitcoin has been trading below the 50 EMA since November 2021. - Fear and greed index is at 19. - RSI didn't break the support level. RSI still shows momentum loss for a downwards continuation. Conclusion: My conclusion is, that although the chart looks very bearish. The falling wedge pattern has not been broken yet. And BTC didn't break the 40k - 38k support level. So I think 2 things. You should've been shorting BTC a very long time ago, if that's what you wanted. And if you're still looking for the reversal, there's still a chance.
by EliteTradingX
2022 is the next 2008 (but way worse)Last night (12/10/21) CPI data came out reporting a 6.8% increase. This is exactly what I had predicted as I've mentioned multiple times prior on other platforms. However, I am here to say that it is FAKE! In a couple of months the true CPI data of today will "unexpectly" show up. Markets will freak out and you will end up becoming a bag holder like 90% of retail does every recession. There is a reason why the ultra-wealthy are now monstly risk-off. For an example, Elon Musk, just a little over a year ago had said that he would never sell a single share of $TSLA, but in this past month he sold 10% of his entire equity in $TSLA Warren Buffet is now holding a record $128 Billion in cash Chamath pulled the rug on $SPCE, despite his insane shilling in prior months to years. The list goes on and on.. But you get the point. It is time to at the very least hedge your life savings you put into $SHIB and start re-allocating your assets. I am currently 10% short and 90% cash (previously 90% short from 20x shorting $BTC at the top at $69k and have since taken most profits/ de-risking myself - despite the likelyhood of a potrential crash/depression which I am personally expecting to occur). I don't have crystal ball nor am I saying this is a certainty. Actually no I take that back... This IS a certainty. May not happen tomorrow, next week, or even a couple months, but it will happen and you want to be ready when it does. Be prepared folks. Best of luck, Matt Park This post is not financial advice and is simply me putting out my opnions on the current state of the market. More details in regards to my opnions of the market is to come soon so stay tuned!
COINBASE:BTCUSDShort
by cryptothousandaire