The Coming Bitcoin Collapse | A Brutal Awakening Is Coming...
According to DataDash...
He's been waiting for the dump, and has been correct calling this the last few weeks as BTC hit $30k. I don't understand why he continues "waiting", as we are already at a head-n-shoulder signal - even if a bit asymmetrical shoulders. I know, Nicholas prefers longer-term indicators. ETH already looks like it is breaking downwards, even after the Shapella pump.
He still likes the stablecoin dominance versus Bitcoin metrics. Amusing chart, showing the March 2020 covid-capitulation - a very nice time to buy! Also June 2022, with the LUNA crash. Sometimes, the higher liquidity is due to the creation of more stablecoins and an increase in volume; but sometimes, it just means money is sitting on the sidelines. With so much regulatory chaos, not just in the USA, this continues to look like a bear rally.
DataDash thinks there will be another flush before a real rally. We shall see. Let us also not forget that this market weakness manifesting in the numbers could change depending on the broader macroeconomics - or also developments in SpyFi and digital prison-ware.
Bitcoin More Likely To Surge Higher Than Plummet, According to Veteran Crypto Trader Tone Vays – Here’s Why
go on, Tone, tell us why...
Just words, Tone, show us the maths.
oh... you can't. nvm
BTC price bounces at $25.8K lows amid warning over low whale interest
and
Bitcoin enters $26K ‘bearadise’ as BTC price approaches 2-month lows
well there's an ugly portmanteau! more like a bull-trap.
Bear Nicholas!
At least he's more interesting than the droning Vays who likes fantasy charts.
Nobody knows, but there is only the maths as a guide - or faith, but where has that gotten humans!?
maximanalists dodging real issues just makes them look dumb.
a deep look at glass bead as money trade is interesting.