I did this first chart for fun after studying wyckoff
I thought it was disproven around the end of sept, but the US indexes started falling and bitcoin reverted back.
Think, what would make Bitcoin drop in the next 3 months?
Conflict Between China / Taiwan. Uncontrollable Rise of Energy Costs / Energy Crisis. Gov. Regulations on Crypto / Crackdown. Mass Disruptions in Hash Rates, i.e. wide spread blackouts @ mining hubs. Liquidity Problems (*cough* tether *cough*) Large Scale Hack \ Crypto Ransom Latency Arbitrage
Probably a few others I'm missing, but the point is there are plenty of vulnerabilities in crypto still.
I think there will be a final pop in crypto this coming week before it drops.
Nota
the final pop before the drop?
what if crypto, bonds, equities, commodities, real estate, US$ are all to expensive. what to buy next?
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.