Bitcoin bulls are in for a shock
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shut up you bearded woman.
Checked
Will we have onther dump?
You tell me?
Dude fuck that scammer. Don't give this faggot any views starve him out. God damn attention whore.
lmao Chico Crypto was scared shitless when Charles Hoskinson called him out for a fight.
>Dude just predict the world economy being shut down because of boomer coof
Look at any Bitcoin bulls content, it was the same before the crash.
Now bulls are putting out similar content, the herd is bullish again.
Yet the bulls are failing to predict what is obviously going to happen next in the markets.
I actually like Chico. Just want to point out how even though everyone is bullish, they are probably wrong.
so your proof is no one knows wtf is gonna happen and everyone shills thier shitcoins so they can have some green dildos finally. wow you cracked the code.
Yeah.
a dump to new lows would only benefit bears. Exchanges too with volatility but they risk killing their entire business bleeding out the last bulls. Miners would be rekt, whales would be rekt in a dump to 1k or 2k. How does that benefit anyone except small time shorts?
Why does it have to benefit anyone? Markets take 2nd legs down, just because.
Hurrr markets isn't an explanation. There's always a reason.
This can be a disbelief rally. I honestly want to sell at 8k and double my stack but this might inch up. I scaled out around 11k to 14k around summer 2019 but DID not sell in February 2020.
Look at fundamental indicators and they're pretty bullish. Bulls have been pretty beat and trained to sell rallies this might be the time to flip.
>There's always a reason.
There's always a narrative. It's 90% fugazi.
yeah and that reason always discovered long after the happening. give or take a few insiders.
Exchanges, miners, and whales control the entire market. In that order. Which path looks most realistic or reasonable? Or draw your own.
Fiat volume is ATL on non Chinese exchanges so they can paint whatever they want now.
I'm 100% betting it won't crab and consolidate because that means we're in a fair, mature market... which crypto is not
This graph is retarded as fuck.
Just so that you know
Fair enough. There should be a better sentiment barometer than Chico, who doesn't trade supposedly, and Datatrash, who's father does all his research. Who's sentiment really matters? I don't like longs vs shorts either.
>scaled out around 11k to 14k around summer 2019
Nice.
>This can be a disbelief rally. I honestly want to sell at 8k and double my stack but this might inch up.
I am holding about 50% in crypto and the rest in cash. I am just going to sit still and see how it plays out. I am looking to buy in gradually in a bear market that might be initiated by a wider market collapse. I could see it lasting a surprisingly long period, so I am trying to not make any big moves.
>Look at fundamental indicators and they're pretty bullish. Bulls have been pretty beat and trained to sell rallies this might be the time to flip.
For sure, in general we should expect the beginning of the rise to begin in the next few months at least. There is just the looming dark cloud of the wider economic situation though, it already brought us down to $3k levels, it has power over us.
Also did you see the Mtgox thing might be resolved at the beginning of July? Thats like over 100k BTC.
>mature market... which crypto is not
Unlike you're mom
You have to think for yourself and remove emotion. Manage risk etc. No easy answers.
he missed the hex 50x and wouldn't respond to it on his chatroom today lmao
When looking at the last crash, couldn't you also just point to Bitcoin price copying traditional markets? For sure miners dumping, whales etc control the market too to an extent. But there are a lot of factors.
Chico turned from a decent investigator to a fucking disgusting shill.
I just want to point out I think Chico is perhaps the smartest guy in crypto content, I am not posting this to undermine him at all.. Everyone in the crypto scene was thinking the same stuff. This is just to prove how even though everyone is bullish now, it doesn't mean they are right.
this. he's just a shitcoin scammer stop viewing his videos please
>everyone is bullish
why do people keep saying this, BTC daily is hilariously bearish and the broader global economy is looking very fucked
Whenever I posted a bear thread for the last week I have been overwhelmed by bulls telling me to kms and saying lol you didn't buy the dip ngmi.
also all the crypto youtubers and twitter people such as crypto bit lord are talking about an alt season twitter.com
he's SO full of bullshit it's incredible.
>Chico
idk if you noticed but chico is pumping and dumping on his followers. He got into ubt at 0.2 then made a video about EAA hyping it. Whats funny is one of his recent streams he admitted to anyone being able to get into EAA all they gotta do is pay.
where's the tweet/video for this?