Fridays(option expiration): Its not every month it goes down.
Seems to correlate with the trend.
When negative trend > it has cone only 10-20% down.
So max down is -20% around expiration day (since 2-3 years).
Exceptions below.
Looks like the 25kEUR level can be touched
(in May, latest 11.June)
-> worse case 18kEUR
(that is -40% from this moment)
->...
25 April BTC was all time high , then BTC price drop down from 54k€ to 39k€ in few days ( 14 April to 25 April ) for too many reasons like ( decrease hash rate , weak hands , bad news , Elon effect , China decisions and so on )
in 26 of April BTC price start going up again before it starts to crash down in 9th of May
12 May a head and shoulders was confirmed 40%...
Finaly we are seeing a break trought from a long resistance. if you are on the side lines, and afraid then wait on the 1 hour to confurm with a full candle above the line
Welcome, wonderful person!
This has been an amazing period filled with anxiety and fear, must admit I felt some myself.
I have been able to stop myself from doing anything whilst panic, and still holding my bags.
However,
I will try to use this period to accumulate as much wealth as I can, meaning get more BTC in my bags.
Will transfer some savings I have had...
Dear fellow investors,
As you have all noticed, the latest announcements from the CCP have had a material adverse impact on the price of BTC. However, let us all remember that the CCP has made similar announcements regularly in the past 8 years and that those have never been been followed by any form of implementation whatsoever. In fact, most Chinese retail...
Personally I feel the bull run is over. I was here in december 2017 and the same FUD was spread around this time in the cycle. But that is a gut feeling. The charts tell me another story.
The vertical red lines are the past halving. Looking at the time since the halving of 2020 we are 330 days into the bull run. In 2017 at the same point in the cycle we saw a...
The gaussian channel go's from green to red and that's not a good sign.
Maybe the bull cycle is over. Hopefully it's not !!!
You can see from previous bull cycle what was happening. Be careful people. You're warning !!!!
Don't forget to push the like button. Thank you.
