A bubble occurs when those very real strengths suddenly take on exaggerated, even mythic, proportions in the eyes of investors, who are then prepared to throw vast amounts of money into the stock market without attention to realistic prospects for future earnings. Okay, you guys, it's simple.
These actions are part of the standart speculation method called "Bull Trap", these group of people made a lot of money, and you think it's enough for them, you're wrong, everyone of them wants more, and so we will see the increase in the price soon. How to make more? The market needs an institutional investors, "Elite" group of people will buy, sell and hedging the Bitcoin price at the moment when they can do that. As we know very soon they will have the opportunity to invest in BTC and other cryptocurrencies with BAKKT, that means the experiment with Bitcoin Futures at CBOE was a qualified success.
Now, I want to start with 3-Months time frame to show you here is still the uptrend on the card. In other words, if the price is doing well, we should not change the rules of the game that are credited for this success. The new 3-Months trade session will open at 1 Oct, so I expect to see the force of the 7EMA support line and the continue of upward movement.
GL Traders.
These actions are part of the standart speculation method called "Bull Trap", these group of people made a lot of money, and you think it's enough for them, you're wrong, everyone of them wants more, and so we will see the increase in the price soon. How to make more? The market needs an institutional investors, "Elite" group of people will buy, sell and hedging the Bitcoin price at the moment when they can do that. As we know very soon they will have the opportunity to invest in BTC and other cryptocurrencies with BAKKT, that means the experiment with Bitcoin Futures at CBOE was a qualified success.
Now, I want to start with 3-Months time frame to show you here is still the uptrend on the card. In other words, if the price is doing well, we should not change the rules of the game that are credited for this success. The new 3-Months trade session will open at 1 Oct, so I expect to see the force of the 7EMA support line and the continue of upward movement.
GL Traders.
