The end of a 2 year old bull run. I made a series of articles leading to the end of the bear market. I think, we are even closer today if Bitcoin fails to break 58k inside this week. I take the risk of giving $65k as the top of this bull run but first we need a huge downside correction, and a bounce that will fail to bring higher price. I base my assumption of $65k being the top, on many events I've seen unfolding. A major one is time. Why is time important for Bitcoin and…
Tether & The Imminent Collapse of BTC I'm impressed by the whole of this market. For a second time. It looks like we are reliving the glorious days of 2017, when everyone was pro crypto, and Bitcoin was part of conversations in company board meetings. Bitcoin, a failed digital currency experiment, was rebranded and relaunched as "digital gold". The "store of value" narrative that was launched by the Bitcoin Core think-tanks did not go too well and "digital gold" was sound…
Bitcoin Cash - An oasis in the crypto desert I have previously explained my reasons to be bearish when almost everybody else is a bull. I am in no position to give prediction that will be precise. This is not easy as I am not a whale and have not being at terms with these guys. They will know when to sell. My whole plan since Bitcoin reached $64000 three weeks ago was to accumulate Bitcoin Cash. I had no other trades, although I met some good prospects but failed to find…
The Railway Mania If there is any hope in the cryptocurrency market this is Bitcoin Cash. There is nothing else that is not a scam, a failure or cloned. Bitcoin until 2013 perhaps 2014 had top developers that not only had years of experience, they also had understanding of economics and politics. It was rare to have so many great personalities gathered together and following Satoshi in the early steps of Bitcoin. It is either the whole world went into a mode of retardation…
Many thanks to @MarcDeMesel for the recent tips!!
Vaccinations, Uncertainty and Doubt It was January 2020, and I was doing my internet routine, looking for cryptocurrencies to buy at a time when fees were low and nobody was interested. All we had was the Bitcoin halving and we were buying at what was low prices. It was not looking good for Crypto, but there was still hope. I bought some coins and decided to spend a couple of hours watching YouTube. I don't remember what day it was, I stumbled upon a news broadcaster on…
Things are not different this time In most of my articles here, I explain why I think the bull market is going to be over soon. I hope you already understand that Bitcoin is the decisive factor for the whole market and everything else is pushed upwards or down depending on Bitcoin price swings. Right before the end of the bull market in 2017, Bitcoin's dominance fell bellow 40%, all cryptocurrencies had a one month rally and then everything crashed. This is the last time…
Government Intervention and Opportunities Lost A way to protect, or a way to enslave? How much of our private freedom and our economic prosperity are we about to surrender to a government? How much of our wealth are we willing to allow our rulers to confiscate for this ill-defined concept of "common good"? Common good is a topic difficult to explain and a weapon in the language of populist politicians. Going against the argument of common good, instantly turns the debate…
We'll be right back Earlier last month I predicted that Bitcoin has already reached the top and will not go higher during this bull run. As with 2017 the high for Bitcoin was $20,000 on the 17th of December and then it was the altcoins rising into new highs. In this article: https://read.cash/@annayks/the-final-bitcoin-ath-0e6dae4e The final Bitcoin ATH is at place and price of $BTC will only go lower from here. I've also made another bold prediction two days ago. I…
Musk accelerated the inevitable dip It wasn't Elon Musk that crashed the market. The price was begging to be crashed. I have already explained that Bitcoin reached its final ATH and is only going lower from here. Elon Musk just planted the tombstone on this bull run's grave. As this bull run is now officialy over the only concern I have is that price is only 30% lower from the top. Weekly MACD has changed to bearish, however there is still some kind of hope, but it will be a…
Value Investing Strategy Applied To Crypto I am interested in Bitcoin Cash because of the bargain it offers. Learning how to invest properly and timing our investments makes the difference between making maximum profit, and profiting just very small, or even losing money from our investments. The crypto market is not stonks. We know this already as we know that eventually there is a top and after that there is a drop of interest and a return to previous price support,…
Hello, Bear Market! Price of Bitcoin has crashed. It is more than 30% lower from the ATH and while some are still positive and thinking that buying the dip is so important, advertising this and calling everyone not buying a moron, we are still at the latest stage of the 2020-2021 bullrun that has effectively ended one year after the halving. Even though Bitcoin has a small chance of recovering, at this point I think that the bear market is innevitable. Within my articles I…
Dead Cat Bounce I've written the "Hello, Bear Market!" article hours before the great crash. https://read.cash/@annayks/hello-bear-market-a2caedb4 There was no way knowing that the crypto market will collapse, except from what I was reading in the charts. I'm not happy if you lost money, if you read my article you would know what you should be doing. If you read it, and still you were replying to buy the dip at $50k as some did, you were delusional. Bitcoin is done. If you…
A BEAR Market means Opportunity A second wave of China news, or FUD, as those that still hold like to call it is upon the crypto market. I'm only going to tell that every Crypto did great this time, and there are many of course that were very late in the party, and as usual they will lose money, at least all of us that stayed loyal and kept working, we made enough from this. I trust the tech. But it is no harm to trade. I am trying to accumulate at low prices and sell when I…
The 2021 Willy-Bot (Tether) Tether is a menace for the crypto market. I've read about the so called reserves and it is easy to find that these are mostly crypto reserves, or just printed without any reserves at all. Maybe they even have Tether for reserves. It makes no sense and makes the market very vulnerable. Withdrawals from exchanges can soon be in trouble as many are mostly filled with Tether and exchanges will have to enter a debt phase lending money from banks to…
@annayks