B166ERcrypto

B166ERcrypto 50 views ・

Someone is making a run at the 50/200DMA Death Cross. Looks like it could be a test to see if moonboi's will lose their minds enough to buy in with a big FOMO candle. Considering such likelihood of rejection, it may also be seen as a "last hurrah" of selling before they take the market down further, trapping moonboi's in bad trades. Note: Market Structure still...

B166ERcrypto 68 views ・

This 2019 bubble was a "suckers rally" according to the Wall Street Cheat Sheet. So many people are smoking the hopium that they were able to pump it back up to 14k. They could've let it run, but that's no fun. When you're an Insider your job is to rek the suckers. And in the crypto world there's 10 suckers born every minute. The old suckers are getting shaken out...

B166ERcrypto 42 views ・

The logarithmic Monthly chart for the total crypto market is amazing. Monthly candles are extremely powerful because they contain so much price action summed up in one candle. So any trend you recognize on this chart is nothing to sneeze at. It’s sublime. Look at this 4+ year old adoption trend with bubbles that revert to the mean. People have been absolutely...

B166ERcrypto 87 views ・

BCH is still in the downward trend since December 2017 and shows no sign of slowing down. Either this is a bear flag and we’ll drop straight down or we’ll go up to the trend line of resistance and get rejected. If it continues squeezing to the end of the funnel it could be ready for a massive bounce from either a double bounce or a new all time low.

B166ERcrypto 24 views ・

Wow. This trendline since 2015 hasn't been broken and is very strong support. If the Market Cap breaks this trendline even the most staunch HODLrs are going to have a hard time hanging onto their coins. It's the whales/market movers/insiders job to shake out every seller they can so they can buy coins cheap at wholesale prices before bringing the price back up...

B166ERcrypto 64 views ・

Let's take a look at the man behind the curtain, shall we? Bitcoin has what I call the "Basic Adoption Curve" that trends with the adoption rate just like any new technology gets adopted over time. This is the MEAN. It then has "bubbles" that are formed by market insiders (whales) creating FOMO where the price breaks above the Basic Adoption Curve and they...