this is my current outlook on
BTC/USD
the entire crypto market has anticipated the CME & CBOE Bitcoin futures release to death. remember the old adage “buy the rumor, sell the news”? it is a steadfast rule for a reason. the bigger, more experienced players see all the new money that just got into Bitcoin and are seeing dollar signs. mass market shakeouts are a regular occurrence in volatile markets such as Bitcoin, and it is not different this time. fresh weak hands will be taught a lesson, as has occurred every time there was a big wave of new money in crypto.
I could be wrong, but everything I am seeing in the media and in various crypto discussion places suggests that we have reached the “new paradigm” phase of this bubble cycle for Bitcoin.
remember: it is not different this time. it never is.
the entire crypto market has anticipated the CME & CBOE Bitcoin futures release to death. remember the old adage “buy the rumor, sell the news”? it is a steadfast rule for a reason. the bigger, more experienced players see all the new money that just got into Bitcoin and are seeing dollar signs. mass market shakeouts are a regular occurrence in volatile markets such as Bitcoin, and it is not different this time. fresh weak hands will be taught a lesson, as has occurred every time there was a big wave of new money in crypto.
I could be wrong, but everything I am seeing in the media and in various crypto discussion places suggests that we have reached the “new paradigm” phase of this bubble cycle for Bitcoin.
remember: it is not different this time. it never is.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.