It can be argued that a Bear market in crypto isn't as nearly as costly to Bulls, in terms of actual losses, as it is when a Bull run hits Bears. Why you ask? Well for one thing, most bulls don't leverage up. They 're just innocent HODL'ers that you couldn't even pry wallet keys from their dead hands if you wanted to. Losses occur when the not so strong panic sell.
Bears however, need to sell... what's worse is, they sell on leverage, BIG leverage, leveraged loans... collateralized loans!... BIG HEAVY, FAMILY BURDENED BACKED TOXIC COLLATERALIZED BUBBLE SIZE LEVERAGED LOANS. The kind that can literally make people JUMP!
I present to you the continuation of The Bear Slaughter Algo... Bear Flag .. Head & Shoulders ...LURE-TRAP-SLAUGHTER... Bear Flag .. Head & Shoulders ...LURE-TRAP-SLAUGHTER...
Komen
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Should say... ....as it is TO BEARS when a Bull run hits Bears.....
I've been killin' it since I read the post you deleted with the static version of this chart! I will watch the video if I ever get motivated enough to plug my speakers in, lol.
I'll remember the good look, thx!!
Techmology
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Unless you were on a long at 80x leverage at that break. hahahahaha!
I'll remember the good look, thx!!