This is the famous Wallstreet Cheatsheet. I'm sure you have seen it many many times. It's about the psychology of a market cycle.
I have terrible photoshop skills but when you overlay this chart with the current Bitcoin one it's hard to deny there are some similarities.
In other words, there is no way I would bet against Bitcoin under current market conditions.
Mind you, I am mostly all in it for the long term but I do take a little bit of the table when markets go up because that's just smart to do in general.
I'm looking forward to seeing how Bitcoin will perform in the upcoming months.
Sucker's rally or is there something more? :)
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Long term is always the key, I am not moved by all this short term movement because I feel it is sometimes manipulated because most times you can't see what is driving it.
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Get ready for the 2 year bull run baby!! 😬
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I'm ready! lol :)
I'll have what he's having.
Its not easy to understand how the lightning network will work or all the things they're doing with Liquid. I have some BTC but I'm expecting a rocky ride, I'm sure Craig Wright and Calvin Ayre are up to something and could throw a spanner in the works. I'm hoping for a nice dip now, so I can get a bit more.
@exyle, Market is so dynamic that sometimes questions arise and doubts also rise. But true answers are hold by time and only time will going to reveal the true trend of the Market. Let's stay bullish and let's hope for the best.
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That´s how markets work, the investors are the same, the only difference, for now, is the liquidity...
its currently at the complacency stage lol
LOL! Wouldn't that be something!
Yes! And it looks like we are at the foot of the next mountain to climb.
Yes! And it looks like
We are at the foot of the
Next mountain to climb.
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I am tend to think this will result in a real bull market but I also won't get discouraged if it stalls a bit.
I expected this starting in March, 2019:
https://www.chrisrice.xyz/2019/03/the-bitcoin-bull-market-to-be-continued.html?m=1
Taking profits on these runs higher is a great way to secure future sustainability as pullbacks will continue to occur as the market continues to be immature relative to other traditional assets and markets.
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Bitcoin halving next year. No worries Exyle!
Patience is the key to transfer money from impatient to calmed person. ☺️👍
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The only thing guaranteed about trading is the fees never invest more than your willing to loose.
And yes ... I have this table last 5 months front of my eyes :)) .... and it is same 100% .
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we have seen this charts over and over again does it really work huhhh
I have some good feelings about what is going to happen in the future. Not that it really means anything, but it helps me sleep better at night :) Those are some interesting similarities!