Could be a huge trade when it cascades. Insiders selling before news hitting and you can bet when your compliance team and lawyers quit it isnt going well lmao.
It just looks unnatural. Wouldnt be surprised if theres some funny business going on... in fact i konw theres funny business lmao.
Like this liquidity grab for a short entry. You can bet nobody is short here or just got stopped out.
Im sorry but Ethereum is not worth $200 billion. It is not as valuable as Coca-cola. The only utility it has so far is building Jpeg pictures that no one really uses. Until they build a product that people are using everyday i remain bearish. The Ai thing is holding a huge mirror up to crypto...
This is an extremely sick chart and it is saying something bad is in store for binance.
If binance collapses which they probably will base on their non existent business model and chart, it looks suspiciously like the FTX collapse.
I want this to be bitcoins moment in history but it just isnt due to all the leverage and bs exchanges out there. Just go on kucoin and see the bullshit products on there. Once those kinds of exchanges are banned or bankrupt i will be bullish
Looks kinda scary looking. This current rollover looks very similar to 08
Austrian economists argue that the Great Depression was the inevitable outcome of the monetary policies of the Federal Reserve during the 1920s. The central bank's policy was an "easy credit policy" which led to an unsustainable credit-driven boom. The inflation of the money supply during this period led to an unsustainable boom in both asset prices (stocks and...
Last "double bottom" looks awfully similar to this "double bottom" lol...
Holding up pretty well considering stocks are plummeting. Super similar look to the past move down. I expect the next move down to be within the next week given the equity market collapse
in order for a "Great Depression" scenario to play out everyone has to be caught on the wrong side. including some of the smartest people in the market. ie warren buffet etc
Yeah probably can keep going but i aint buying dollars. Ill stay short stocks. or were going into something way worse than anyone thinks
seen this movie before make sure youre on the right side.
Lots of similar patterns in the charts. almost like its rigged. oh wait
The bigger the bubble the longer it takes to unwind. The technology will be as important as amazon or google is in the future, but the valuation has gotten so far ahead of itself. The current value that eth brings to the table is being able to know who owns which 1995, 15p JPEG NFT. That's reality. I think a $450 ETH is reasonable, but i will need to see a...
The majority of people think that the market can just keep going up forever. There is this reluctance to accept the reality that the music has stopped playing. People want to yolo in meme stocks like its 2021. I recall a similar scenario in 2000 with internet stocks. I can see a scenario where we go from everyone being rich at the top at unprecedented levels,...
Painting the tape at its finest. Trap everyone with a great looking weekly candle and then dump it.