Cryptocurrency as an asset class is minuscule - a drop in the bucket. A $1T+ market cap would still be undervalued for crypto to have any meaningful impact as a store of value/currency.
The end goal for Bitcoin as an investment is a binary outcome. It goes to 0 or you 10x your investment. There is no in-between.
It's really that easy.
If you don't believe me...
I'm just saying wave 4 never crosses into wave 1.... we're close. ... maybe a 53,500 then back. (i dont care about all the other fud and fake gurus)
DEMAND HIGH SUPPLY LOW REMEMBER APPLE IN 2013 (14.48 TO 25.74 99.230%ish increase) .
BTC 50K 95% INCREASE OVER THIS BULL RUN =97,500
CADJPY | D1 | BEARISH
A simple example of market structure,
This is a lesson we've all studied in nursery.
What happens when price reaches the support / resistance?
I know what you're thinking...
It can either reverse or breakout.
At the same time we have to use our intelligence, intellect and intuition; our instincts and common sense — in...
ULTA had the last stand, amongst global markets heading south. But today ULTA was thrown off track. I've been stalking ULTA from 2016. Two years? No problem. Why? Because it was a risky one to go long for the last two years - and I didn't have the financial muscle to take it on. But in the last couple few days I saw a weakening of momentum, and made that judgement...
Imagine you tell people anyone can become a billionaire, imagine you tell people to mindlessly "just buy the index" "It keeps going up!".
Imagine you have guys like Tony Robbins ("motivator", exactly what people love) and Warren Buffet telling people to start buying the index in their 20's and keep buying their whole life.
"You can do it" "Believe in yourself"....