The bear scenario for Bitcoin using financial astrology.

27 Nis 2018

"This time is different right?" Every time I find myself asking this question, the answer is usually "No. This time is not different." The last time Bitcoin dropped 70% this quickly marked the beginning of a 2 year bear market. A lot of people laugh when I mention financial astrology, but I believe it is something worth paying attention to - alongside other market factors. The last two major turn dates that Bitcoin had were at approximately 17k. I think that we are going to have a relief rally until June up to 11.7-13.8k. This will be the bull trap and the last chance to get a comfortable short position. Sell mid-June and walk away until 4k.

If you are skeptical/interested in financial astrology I recommend starting at bradleysiderograph.com/