exactly. the thing is, it hass been going up for too long. I truly believe there has been a lot of manipulation involved. binance has the richest btc wallet. they are eating every satoshi. market will become more decentralized next months and years. but for now, binance rules the scheme, and a huge drop, even if momentarily, is possible. thats why ill buy the dip as if there was no tomorrow.
bitcoin is not a bubble, is a measurement of the collapse of fiat.... but we cannot forget there is the futures market on Binance and they do manipulate it. there's no regulation involved and we cannot even prove they hold that infnite amount of usdt or btc. it could be all fake, just like the banks do with money. I wouldn't be surprised if people start withdrawing from Binance, they wouldn't have the money or crypto to give back to their customers. at least not the full amount.
I still think this is just a small correction before continue dropping.
But I’m taking about bitcoin in the next weeks. Btc should go higher, as you can see the EMA is pointing up in the weekly chart, and the RSI is still above 50 which is good.
BUT , THERE will be a crash before the end of the year. Look how hig the ema went in the past weeks. And both ema and rsi still didn’t touch the red zone. It will. Eventually. It’s a matter of months. It’s always like that… green and then red. There might be some RSI divergence if price goes higher than before without touching the red zone, which is think is possible. In this case, things are gonna get wild.
exactly. the thing is, it hass been going up for too long. I truly believe there has been a lot of manipulation involved. binance has the richest btc wallet. they are eating every satoshi. market will become more decentralized next months and years. but for now, binance rules the scheme, and a huge drop, even if momentarily, is possible. thats why ill buy the dip as if there was no tomorrow.
bitcoin is not a bubble, is a measurement of the collapse of fiat.... but we cannot forget there is the futures market on Binance and they do manipulate it. there's no regulation involved and we cannot even prove they hold that infnite amount of usdt or btc. it could be all fake, just like the banks do with money. I wouldn't be surprised if people start withdrawing from Binance, they wouldn't have the money or crypto to give back to their customers. at least not the full amount.
main bubble and dump has not setin, the market reacted to my personal prediction bouncing from the 39k rejoin
I still think this is just a small correction before continue dropping.
But I’m taking about bitcoin in the next weeks. Btc should go higher, as you can see the EMA is pointing up in the weekly chart, and the RSI is still above 50 which is good.
BUT , THERE will be a crash before the end of the year. Look how hig the ema went in the past weeks. And both ema and rsi still didn’t touch the red zone. It will. Eventually. It’s a matter of months. It’s always like that… green and then red. There might be some RSI divergence if price goes higher than before without touching the red zone, which is think is possible. In this case, things are gonna get wild.
normally lets keep all fingers crossed