Tomorrow will be an ugly day for Cryptos
I have closed my positions, changed my perspective and started planning for the abandonment of Bitcoin. Research tells us that 'Google Trends' is a good indicator for how the stock market will move; if the search trend is categorized as 'financial'. Bitcoin is loosing daily hits which should be of concern to everyone. We will go down, but it's impossible to predict how far. A bear market can go on for over a year too. The other concern is that the market is about to end with three consecutive red days, which is called "three black crows".
Honestly, I did never think I would go to the other side: short.
Honestly, I did never think I would go to the other side: short.
Note
Take a look at Filbfilb's long term analysis and you will see the hype always ends:
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.