Shorting Netflix right there, not based on anything but COMMON SENSE! I mean, just look at the chart, Netflix is literally on the moon. It started pumping in December, roughly when Bitcoin topped. The same kind of people who were buying Bitcoin, went to rush into the Netflix gold rush through their robinhood app. It's an overflow of stupid, retail money that will...
There is only so much to the downside. When shorting becomes a crowded trade, it means everyone has already sold. Then how will we go down? The selling has already occured from 10k$ Bitcoin all the way down to 8k$. When there's more money to be made on the upside, the market will reverse, so we are targeting around 8900$ to rekt all the bottom shorters, then we...
I think it's very likely Bitcoin goes down one more time. Not to 7800, like everyone is expecting, but around 8000-8200$, then up.
This is in correlation with many other altcoins, which have had a bounce in the past 24hours, i expect them to correct about 10% during this pullback(EOS for example).
If it looks to good to be true, then it probably is. Time to go short was at 10k. Now it's so obvious, that everyone is going to short it and make money,...right?
NO. THERE ARE NO FREE RIDES. Expecting a nice bounce to around 9k to rekt all the shorts, then slowly down.
Everyone on tradingview was longing ADA, everyone knows it's a incoming moonshot. But those people need to be shaken out of their positions first!
A potential double top has been formed, if we break below 3571 satoshis, this might retrace to around 3000-3300 satoshis. If you are looking to long this, then start looking for your entry points! I think Cardano...
Everyone is extremelly bullish on EOS being the next Ethereum and what so not... Where was everyone when EOS was 4$? That was the time to be Bullish!
Everyone has FOMOd into EOS, it's severely overbought and overhyped, bunch of HODLers telling you to go long there, is it really a good idea? Yes, i also think long term, EOS could LIKELY do what Ethereum has done...
If you haven't looked into fundamentals of Cardano(ADA), you are basically missing out big time. It's a "blockchain 3.0". Bitcoin was a good idea and was invented by an individual or a small group about 10 years ago. Will the first invented technology become the most adopted one? I don't think so.
Cardano uses Bitcoins design as it's foundation, with added...
