6 years ago, I invested all my life savings into crypto. Thanks to many skillful trades, relentlessly sniffing the short, mid and long term up and down trends, I have managed to transform my $983 into $1047.
If you are unaware, clueless or simply just not a talented trader, I humbly offer my analysis.
Every cycle is the same. Two massive up trends, the first one creating a new ATH, a massive crash, a second up trend reaching or even surpassing that ATH, then another massive crash and a bear market.
The second crash is always starting with a perceived bottom for several months, then a new bottom for another several weeks (circled in red), then a pump to erase that and go back to the previous bottom (we are currently here). This is followed by a neutral or sometimes slightly downwards trend before a long and steady up trend until the next massive bull run.
This means that the true bottom has now been erased and we are sitting at the previous “perceived bottom” of the last bull run. From here, it will be a slow but steady growth over the next weeks/months.
The bad faith actors and other regards who never buy because they always want a better price want to create FUD, as they are currently sitting in the cuck chair watching us winners win, and they cannot live with that. They want everyone to be as miserable and forever poor as them. But fear not, the worst is now behind us, and money is begging to make smart inverstors’ wallets heavier sooner than you think.
Thank you for your attention to this matter.
submitted by /u/professeur155 [link] [comments]
r/CryptoCurrencyRead More
You might also be interested in reading Ethereum price risks ‘bear flag’ breakdown, 20% drop against Bitcoin.