First of all, I want you to think about these sentences:
A: Anything can happen in the market at any time.
B: If something happened once, it is more probable to happen in the future..!
If you think the above sentences are wrong don't bother yourself to read the next paragraphs.
What Is a Bubble?
Bubbles are the suspension of disbelief by most participants when...
As price decreases and the Open Interest decreases
= The bear trend is weakening
As prices decline and the open interest increases = new bears piling on
I'm not an expert at reading this so comment if you understand it...
This is the most probable scenario for Bitcoin!
Buy position is not recommended, bitcoin could experience another crash at any minute!
Assume there will be no bullish run and 64862.90 is all time high!
I think it will remain intact in the history books, at least at this point I believe so!
Faster than expacted the courses drops down very fast. The alternate side (GOLD) seems to start a upswing, so may attract some investors to switch? (Belive me, there are enough possible Gold/Bitcoin switchers)
Because of the fast breakdown, it maybe that 28k will not hold!
If the bitcoin trends longer sidewards on 28k... A buy is possible, but now? No...
While many people still believe in bitcoin, I believe the bullish rally has ended on April 13, 2021.
Many of you may heard the historical transaction of Laszlo Hanyecz, who infamously traded 10,000 BTC for two Papa John’s pizzas on May 22, 2010. While many consider those pizza as the most expensive pizza ever, I believe they were actually the cheapest pizza ever!...
I can not convince you that Bullish run for bitcoin has Gone!
Atleast check all my previous Bitcoin analyses!
I did whatever could do..! decision is yours to make!
I asked short Bitcoin on April 13, 2021, when it was 62-64K
I predicted NIO top on January 11th, 2021 (2 weeks before it happen).
Tesla Top on February 17:
NYSE:GME
when it was 325 on...
Bitcoin made the second biggest negative monthly candle in the past 5 years, with -49.53% in April and we have 12 days ahead to finish May 2021.
based on the last 24 hours move, Bitcoin has shown it has the potential to make this candle bigger..!
I'm the Bubbelogist..!
It is not related to Elon Musk or any other tweet..!
If you don't want to get stuck into these...
Idea for Bitcoin:
- I am shorting Bitcoin shorts.
- BTC shorts have clearly made 5 impulse waves and momentum has faded.
- BTC longs are rising after major stopping volume on BTCUSD at 43k.
- Bottom shorters are trapped and their liquidations begin at 52k.
- Bitcoin will continue the down trend as fast as the short squeezing will allow!
BTC longs:
GLHF
- DPT
I think the only one who is eligible to answer this question is the man who asked his followers to sell their bitcoin one day before Coinbase IPO. when the price was 63800 at the all-time high! the man who made the call to buy bitcoin when it was 10k and put the target at 100k, but updated his view based on new information..! the very same man who said RIOT and...
