Bitcoin is a totally imbalanced market with 100% of fair value gaps mitigated and less than 30% of bullish fair value gaps mitigated on the Monthly time frame. On the logarithmic charts we have seen three elliot waves and wyckoff distribution. No one is going to continue buying an invisible currency at such a high price of $100,000 dollars. It will go down, and lots of money will be lost. Total liquidation. There will be no one to blame except greed. Satoshi Nakamoto can't be sued because no one knows who he is. After a trillion dollars is "lost", likely government will just outlaw crypto all together and institute their own crypto currency, paired with real ID or microchip, so that every purchase is accounted for in the name of "The Greater Good." It's coming
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.