Let's see how this weekly candle ends, and possibly the next consecutive candles. I know most folks are bull right now, and will HODL on for dear life to the BTC halving, so shoot me down, but I have a knack for calling major contrarian market intersections.
Fundamentals: Ain't no one who cares about the corn right now.
Mood: cynical
Hope: margin longs are maintaining ATH hopium, while mining hashrate is at ATH
Reason to believe BTC will head into its first ever bear market from here? It is possible, as I have been analyzing this since the 2017 hype. Every time we come to a slow down with decreasing/low volume, heads roll, but now we have a long-squeeze possibility.
You're welcome!
Fundamentals: Ain't no one who cares about the corn right now.
Mood: cynical
Hope: margin longs are maintaining ATH hopium, while mining hashrate is at ATH
Reason to believe BTC will head into its first ever bear market from here? It is possible, as I have been analyzing this since the 2017 hype. Every time we come to a slow down with decreasing/low volume, heads roll, but now we have a long-squeeze possibility.
You're welcome!
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.