Posts

AskLeo - Where?

avatar of @acesontop
25
@acesontop
·
·
0 views
·
2 min read

$21,000 is the low Bitcoin painted just a few hours ago. It has managed to "heroically stay above" the 200 SMWA, but specialists say we should have a wick down, piercing through the 200 SMA in order to have a confirmed bottom.

We should have had a blow-off top as well, but looks like the market rarely does what the masses want it to do. I sure know I have a lot of failed predictions and targets in this regard.

Being in the position of living off crypto, it is hard to digest the current market levels, but it is the risk I've taken, and don't have anyone to blame for my current position other than myself. I have had a night and a morning full of regrets. I guess I'm not the only one in this position.

However, one needs to take into account that in order to make money in any market, one needs to get educated, and looks like I'm undereducated in this regard. Enough with the whining, though...

Let's try and guess where the crypto market might be on the Wall Street Cheat Sheet. Well, I've done this type of post many times in the past on this blog, and looking at my performance I'd say I've kind of failed them.

I will give it one more try, though... So, the way I see it, based on my feelings and what I'm getting from the crypto community we might be in anger mode right now. It's like most of is trying to blame everyone for what happened.

Be it Celsius, Luna, or the macroeconomics, it's clearly someone else's fault, not ours for ending up once again in a bear market with a bunch of bleeding bags. We ain't done with the bleeding yet, we still have depression coming up. Or at least that's how I see it. What about you?

Thanks for your attention, Adrian

Posted Using LeoFinance Beta