Market psychology suggests altcoin investors are in disbelief about coming bull run.
Wall street cheat sheet bitcoin.
It s quite easy to see that the bitcoin price cycle closely resembles this.
After the all time high of 20 000 in 2017 btc has remained in a downtrend for 14 months.
Technical analysis of all markets penny stocks forex futures bitcoin crypto.
Who can guess where bitcoin currently is on the wall street cheat sheet supposedly a cheat sheet 500gameplan pic twitter.
Where on the wall street cheat sheet bitcoin actually is.
Now let see what happened the last months.
For many years investors have studied the market emotion cycle using the wall street cheat sheet.
The altcoin market has been bleeding out for two straight years now after bitcoin and cryptocurrency took the world by storm in late 2017.
Wall street cheat sheet.
The so called wall street cheat sheet or alternatively market cycle cheat sheet.
Get 10 in free bitcoin when you sign up at coinbase and buy or sell 100 in cryptocurrency wall street cheat sheet bitcoin 2016 2019 contains information about the following cryptocurrencies.
Even the recent price action over the last two years backs up the theory according to the famous wall street cheat sheet.
But now it s all over the news most people have at least heard of bitcoin banks are using blockchain nasdaq opening crypto exchange etc.
The market is on the verge of a huge influx of retail and institutional money.
After this we have seen higher lows as shown in the chart below.
So many times in fact that the generic event has been made into a meme which is the subject of this piece.
We teach you how to read all markets.
Bitcoin wall street cheat sheet.
I would bet my left we won t be in a bear.
What the wall street cheat sheet can tell us about the current state of the bitcoin market.
What a wall street chart tells us about bitcoin s price.