Bitcoin technical analysis #10 - Let the 'buy the dips' guys do their thing...
In this video I will show different bubbles from different assets through history. You will be able to see how the fundamentals of each asset had nothing to do with each other, yet every asset followed the same patterns. This should show you that when any asset enters bubble territory, what move the price are 100% human emotions and not the technology or the issues behind them anymore. You will also understand why we are not near the bottom & how to recognise when we are.
This is a follow up of my series for Bitcoin technical analysis. I will continue posting new technical analysis twice a week for both, Ethereum & Bitcoin.
The schedule is as follows:
Monday:
Bitcoin technical analysis
Tuesday:
Crypto market cap technical analysis
Wednesday:
Ethereum technical analysis
Thursday:
Bitcoin technical analysis
Friday:
Friday =3 (Review of the top three crypto stories of the week)
Saturday:
Ethereum technical analysis
Thanks for being here & as always I would appreciate your feedback,
Happy Blogging xx
Really nice article !
Upvoted and followed :)
Thanks for the comment I appreciate it :)
really helpful .. thanks
No problem, I enjoy doing this :) thx!
completely agree, that down trend could last till October or even till end of this year
Exactly, and the more people holding on to their losses & buying the dips, the more they will prolong the bear run. Even if they see this analysis, 90% of them would still hold on & keep buying dips, that is the reason why is statistically proven that 90% of traders lose money and only 10% make profits. Only 10% of people can actually have their emotions under control & sell on loss instead of buying more... This is my take anyways. Thanks for the comment I appreciate it :)