Trade chiuso: obiettivo raggiunto
If You're Reading This..I Think It's Time To Sell
All Of It
That is all
Nota
A week has since past And I only feel more certain this is indeed the..
All Time Top for Bitcoin
It is no coincidence that the accompanying chart is
Triple Topping at 161.8 Trillon Level
An iteration of The Golden Ratio: Phi
1.618
Okay, so what is this chart
The Ticker you type into Tv
Is BTC/USDOLLAR
Consider it Bitcoin's Total Market Cap Denominated In
A Basket of Currencies, those being the
USD, AUD, EUR, GBP & JPY
You should try Denominating
All Charts against the /USDOLLAR
You might be surprised by results
CRYPTOCAP:BTC/FX:USDOLLAR
3 Days Per Candle
🧙🏻♂️
Nota
BTC has recently made new nominal ATH's priced in USD.And yet, Bitcoin has yet to make new all time highs against
Gold, Silver, EUR, GBP, JPY, CHF, AUD and so forth..
Nor have shares in MSTR made a new ATH.
This is called Divergence
Divergence is a very powerful market signal.
You can confirm the factuality of the above for yourself.
Now Let's think about what a new ATH high (In USD only) has accomplished :
Major Headlines, Reddit cheerleading, Prideful You-tube videos,
A Dangerous sense of security that further highs are all but assured.
BTC has it's problems
And They're Serious
Bitcoin is at risk of being completely captured, being censored and spammed.
Mining is unprofitable due to low transaction fees, is heavily centralised and has perverse incentives to spam the blockchain.
The 21 million supply cap is potentially at risk due to Centralisation
Michael Saylor discourages BTC being used as a medium of exchange, as does the "HODL" mentality.
Saylor has also created an enormous honeypot (MSTR), publicly mapping out under
what conditions the market could smash it open.
Bitcoin has lost it's way
When observing the following charts
Keep the concept of Divergence in mind
BTC/GOLD
BTC/SILVER
BTC/USDOLLAR
MSTR
📜
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Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.