Is institutional socialism going to ripple down bitcoin or build a Rome out of it.
If you have ever traded on forex application platforms, i believe you would probably understand those moments when sentimental impressions call bluffs on fundamental analysis and technical indicators.
Sending the EMA 50s and Stochastics into a zigzag parabolic frenzy of chaos.
Making the entire market or specific currency pair(s) go into a volatile spread, where even call options can easily be bypassed causing huge losses or gains in reverse.
Making even supposingly called experts feel monumentally like kids for a brief moment before they readjust to the change.
Reason emanating from the pivot to resistance-buy or pivot to support-sell predicted spots by the so-called guru experts with huge follows.
If i'm not mistaking, i tend to believe the same image is beginning to lay frame into the cryptosphere orbiting especially in Bitcoin adoptation and use.
Huge corporations are beginning to lay some centralized structure as they tend to dedicate the trend of the market.
These whales like PayPal, MasterCard, JP Morgan Chase Bank and Grayscale Bitcoin Trust buy a chunk load of blue chip holdings to hedge funds.
And in a quest to gain profit spreads buy shorts, with H1 entry and exit manoeuvres disrupting the loop creating a deep.
Sentiments all over the place, weak hands folds and sell further deepening the dent.
And while all of that is making rounds on stage, the whales are already planning another entry point with depreciated price value.
With the aim of repeating the pattern over and over again.
...large buys creates price value appreciation, and with the fear of missing out being a trigger. More people pull in for the shot.
Does institutional socialism override rational sentiments thereby creating impulsive buys?
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