This is combining my last 2 ideas. Craziness trying to meet with reason :)
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If this happens somehow, I expect first big bounce then accumulation. It's not going to zero :D But maybe it will build a business cycle bottom. Hopefully strong like the top.
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Imagine a composite man who could make this scenario a reality. He just put his fibonacci in like January 2021. Sell his things. Then short the deviation around October 2021 and just chilling and waiting for his target to buy back.
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He has like little bots to create these intermediate levels or traders who understand his intention. They respect his levels. But he is actually not trading. Lack of composite man.
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Bottom is in.
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What a macro bottom it would be..
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Moderate pain on stocks doesn't mean moderate pain on crypto. Crypto has big bombs that can explode any day.
There are already bleeding market actors right now. And do people really trust the biggest actors that looks somewhat strong right now?
They were safe and expanding like crazy during crazy QE times. Only a few weeks ago you started to hear disturbing news about Binance and many started to question them for example. So let's see how they do for another year if FED and other CB's won't start printing again.
There are already bleeding market actors right now. And do people really trust the biggest actors that looks somewhat strong right now?
They were safe and expanding like crazy during crazy QE times. Only a few weeks ago you started to hear disturbing news about Binance and many started to question them for example. So let's see how they do for another year if FED and other CB's won't start printing again.
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Binance is just an example. Do you really trust Tether? Do you know what kind of regulations are coming etc.
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Or do you have room? Maybe.
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How many people you see around think Bitcoin is macro bearish? Most people think Bitcoin will go crazy like old times at some point. New ATH's etc. Even the ones who don't understand or embrace Bitcoin is somewhat bullish for long-term. Who believe halving will not be bullish for example? I'm not saying it won't be. I'm questioning the real sentiment.
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Make it or break it.
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6k to 300k hehe. Not the first 50x.
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I honestly want this. Leave them in dust and accumulate.