BTC analysis on the chart Toggle Log Scale chart
As the market has proven, there is nothing impossible, and we all remember the crush of Bitcoin since its inception, and there are some that the market took many years to recover from,
so you must have a plan to exploit the market with all its possibilities …
Let's see
We all watch the bitcoin trend on the log scale and see how with every touch of the top we have a touch of the bottom since the launch of bitcoin until this time, but it was not possible to predict the current price at that time using this chart, and it is also not possible to predict the price action of bitcoin by A clear analysis for everyone and is in front of them all the time... The inhabitants of the universe will not suddenly become rich!! The rich people will not allow you to be like him...
Let us analyze the in detail: let us go back together to the beginning of Bitcoin. In the first picture, you can see the Bitcoin trend since its inception to 2013. If we assume that we want to draw what we see now in a large way on the websites and pages of analysts, it is expected to rise to touch the upper logic of the trend ... And indeed the market rose Perfectly respecting the analysis and making a strong movement when touching the green square then??!! What happened you can see with red candles.. the price reached 279 with a 77% drop from the last top and a 33% drop from the price in the green box, which is an ideal entry logic for most of those who followed this analysis
https://ibb.co/dkgcyTj
The same thing was repeated with higher accuracy in later years, as you can see, and it always gives the price an ideal movement for an entry that is opposite to the future market movement, as you can see in the picture No. 2 in the green box
https://ibb.co/j6sypN3
But the question is, can you draw these curves in the past?? Were the traders at that time able to draw these shapes and become rich because of this line?? Probably not, because by the time the figure is complete, it is nearing its end, because straight lines need two or more points to draw them, but curves want lots and lots of points to define...
The bottom line is that we can see the past accurately, but we cannot see the future... The only thing that is always constant in the financial markets is that you will only imagine that you are winning and getting rich, but in reality you will always find yourself a loser... Because at the time you have to buy, you will not be allowed Horror and fear that you imagine yourself rich... All that will come to your mind is the fear of losing and losing only... The descent is for the rich only, and the rise is for the idiots only...
The whales at the bottom are always calm and move slowly and the fish at the top move quickly and want to grow quickly, at the end of the day the whale rises from the bottom to eat all their tiredness and returns to its place quietly looking for another fish... and this is what we have seen in the past two days
Soon you will find a lot of traders quitting the market and swearing it is a scam…
And after a few months of this case you will find eruptions …
https://ibb.co/TPd2S6q
But this does not prevent you from being ready for everything... For example, the last picture in the two green squares... Could it be a repetition of the scenario...?
None of the above is a reason for you to enter into short or long positions... and it is not investment advice.. that's what I saw on the chart... my glasses are probably dirty I will clean them up and come back to you later... Let's be careful and smart.
so you must have a plan to exploit the market with all its possibilities …
Let's see
We all watch the bitcoin trend on the log scale and see how with every touch of the top we have a touch of the bottom since the launch of bitcoin until this time, but it was not possible to predict the current price at that time using this chart, and it is also not possible to predict the price action of bitcoin by A clear analysis for everyone and is in front of them all the time... The inhabitants of the universe will not suddenly become rich!! The rich people will not allow you to be like him...
Let us analyze the in detail: let us go back together to the beginning of Bitcoin. In the first picture, you can see the Bitcoin trend since its inception to 2013. If we assume that we want to draw what we see now in a large way on the websites and pages of analysts, it is expected to rise to touch the upper logic of the trend ... And indeed the market rose Perfectly respecting the analysis and making a strong movement when touching the green square then??!! What happened you can see with red candles.. the price reached 279 with a 77% drop from the last top and a 33% drop from the price in the green box, which is an ideal entry logic for most of those who followed this analysis
https://ibb.co/dkgcyTj
The same thing was repeated with higher accuracy in later years, as you can see, and it always gives the price an ideal movement for an entry that is opposite to the future market movement, as you can see in the picture No. 2 in the green box
https://ibb.co/j6sypN3
But the question is, can you draw these curves in the past?? Were the traders at that time able to draw these shapes and become rich because of this line?? Probably not, because by the time the figure is complete, it is nearing its end, because straight lines need two or more points to draw them, but curves want lots and lots of points to define...
The bottom line is that we can see the past accurately, but we cannot see the future... The only thing that is always constant in the financial markets is that you will only imagine that you are winning and getting rich, but in reality you will always find yourself a loser... Because at the time you have to buy, you will not be allowed Horror and fear that you imagine yourself rich... All that will come to your mind is the fear of losing and losing only... The descent is for the rich only, and the rise is for the idiots only...
The whales at the bottom are always calm and move slowly and the fish at the top move quickly and want to grow quickly, at the end of the day the whale rises from the bottom to eat all their tiredness and returns to its place quietly looking for another fish... and this is what we have seen in the past two days
Soon you will find a lot of traders quitting the market and swearing it is a scam…
And after a few months of this case you will find eruptions …
https://ibb.co/TPd2S6q
But this does not prevent you from being ready for everything... For example, the last picture in the two green squares... Could it be a repetition of the scenario...?
None of the above is a reason for you to enter into short or long positions... and it is not investment advice.. that's what I saw on the chart... my glasses are probably dirty I will clean them up and come back to you later... Let's be careful and smart.
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