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STAMPEDE

That's the Way the Bitcoin TumblesWhy I Think the Sell-Off Isn’t Over Yet Bitcoin is already in the middle of a sharp sell-off, but at least half the market seems convinced the worst is over and that a recovery is underway. I don’t see it that way. Bitcoin has been grinding sideways into the Bollinger Bands on the weekly chart, and now that it’s finally colliding with the basis lines, I think it’s about to plunge straight through them. This doesn’t look like a market that’s ready to bounce—it looks like one that’s about to take another leg down. Maybe I’m wrong, maybe I’m early, but in my experience, when people start celebrating too soon, things tend to get a whole lot worse. CRYPTO:BTCUSD CRYPTOCAP:BTC CME:MBT1! CME:BTC1! CRYPTO:MOBILEUSD COINBASE:RNDRUSD CRYPTO:SHPINGUSD CRYPTO:FXUSD CRYPTO:ALEOUSD CRYPTO:HONEYUSD COINBASE:ACSUSD CRYPTO:ASMUSD CRYPTO:BATUSD CRYPTO:FILUSD CRYPTO:VTHOUSD CRYPTO:B3USD As always, this is not investment advice, any trade you make is on you, because good golly Miss Molly, I got my own things to worry about.
COINBASE:BTCUSD
by Hollywood260AB
Elephant keeps climbing the stairsThis is a spinoff of an earlier publication I made. I still have faith in this project, it has made a miraculous recovery after the exploit. The last few weeks price action has been positive and liquidity has grown faster than before. If it decides to follow the ongoing pattern, we might se another leg down, but I wouldnt be surprised if it keeps its steady pace upwards. Check out elephant.money for more information, as far as BSC projects go, this might be the best one.
Long
by EssStSt
1
Stampeding panic in the cryptosphere - not unexpected.Well.. well, unless one is Rip-van-Winkle, it shouldn't be news that everybody is stampeding out of cryptos. Thankfully I made no predictions on Bitcoin or any crypto going north. There were indications of a probably pump north a couple weeks ago (and for every probability in one direction I said there is a probability in the opposite). So now we're into dump mode. In fact I entirely expected a dump based on the technical picture some time ago in another screencast. In this screencast I go into the unthinkable, as a systematic probability - which most will see as highly remote. Well, that is exactly what systematic risk is about. Bitcoin investors may wish to explore the concept of 'counter-party' risk, arising from a world global financial crisis (if it happens - no predictions). So what next. There are three main possibilities (obviously). 1. Stay out. 2. Short it 3. Go long on it. The choice is yours. No advice from me. Sorry if I disappoint.
BITSTAMP:BTCUSD
by Captain_Walker