It is just beginning. Interest in Cryptos is diminishing. (Google Trends). The only reason BTC is still trading at this prices is whales who dump altcoins were buying BTC so they can dump their shitcoins printed at zero cost. Soon BTC will start free falling.
This is how technical analysis done. No need to make Fibonacci roll in his grave.
Despite 50% price increase interest in BTC decreasing rapidly (according to Google trends). This is unseen. People understood they cant get rich with BTC anymore and they were pouring money to alts. And whales who dump those alts pumped BTC to continue dumping (If BTC crashes people stop pouring money to alts). An unseen crash about to take place. BTC and almost...
My forecast about how btc will go down. (Lines changed little bit)
BTC has great technology behind it but the software and protocol empower it is not owned by the currency of BTC. With buying BTC you buying nothin but a ponzi scheme. Almost everybody buys it because they expect more people follow that path so price will increase and they will sell at higher prices. BTC is biggest ponzi scheme in history. However that doesn't mean...
It is just ballon inside ballon. Volume is decreasing while price is increasing. They pump eth to pump and dump alts. It will all explode badly soon.
THE WHOLE CRYPTO BUBBLE IS ABOUT TO END SOON. Here is why it is soon. Like previous bubbles almost everybody who can possibly participate in it already participated. The whole world knows about cryptos. And most importantly recently they pump when liquidity is low and dump when liquidity is higher intraday. So it won't crash slowly this manipulation will cause a...
My previous short idea hit SL unfortunately but i think that idea is still valid. volume is decreasing rapidly current price is pure manipulation even though they know they will lose lost of money with bitcoin. They pump so they can dump altcoins. I follow lots of people who participate in this and its coming to end soon people who pump BTC will dump more than...
Just a short term speculation and very possible. With SL of 45k$ has a very good risk reward ratio. Crash to 7600 in mid term very possible since almost everybody who can possibly buy BTC already bought. With recent short term pump people are speculating irrelevant from the fundamentals which is nobody left to continue the chain and bitcoin worth exactly nothing...
No matter how limited supply is there is no reason to be constant demand for BTC and with recent rally and popularity cryptocurrencies has reached maximum potential attention. There is a limited amount of people in world who can be interested in cryptocurrencies and it is almost reached. From now on total gambler will always decrease. The people who working on...