Fourth or fifth successive confirmation since the top... the structure is falling.
It's too late to reverse. You can not sustain such a structure with so many weaknesses. It is bound to fall.
Experiences market traders sold and left the market one month ago. Only the dumb money is now left in this. And it's one big amount of money.
Psychological debrief.
Anybody can see the extreme denial behaviour and violent reactions on social networks. People get stupidly angry if you tell them to sell.
Normies will now have another fresh hope, as an upward respiration to the 52k zone should happen now. This will be short lived. The krach will happen after that last respiration (yellow arrows)
Then the crowd will wake-up and chose to hold no matter what, because they already lost so much they will refuse to sell.
So starting from that point, they will be tortured until we reach the bottom. Probably below 10k.
— See my previous entry « 20k will not hold »
Sorry. The market don't care about your hopes and wishes. If you're still in this, you are an noob or an imbecile. But it's part of the learning process, everybody need to be an idiot at some point. That's also why you will not listen to me and persist in your wrong choices.
May you survive and come back stronger.
Remember people commit suicide during each capitulation. We all know about such stories. So it's not a light subject.
May you survive.
It's too late to reverse. You can not sustain such a structure with so many weaknesses. It is bound to fall.
Experiences market traders sold and left the market one month ago. Only the dumb money is now left in this. And it's one big amount of money.
Psychological debrief.
Anybody can see the extreme denial behaviour and violent reactions on social networks. People get stupidly angry if you tell them to sell.
Normies will now have another fresh hope, as an upward respiration to the 52k zone should happen now. This will be short lived. The krach will happen after that last respiration (yellow arrows)
Then the crowd will wake-up and chose to hold no matter what, because they already lost so much they will refuse to sell.
So starting from that point, they will be tortured until we reach the bottom. Probably below 10k.
— See my previous entry « 20k will not hold »
Sorry. The market don't care about your hopes and wishes. If you're still in this, you are an noob or an imbecile. But it's part of the learning process, everybody need to be an idiot at some point. That's also why you will not listen to me and persist in your wrong choices.
May you survive and come back stronger.
Remember people commit suicide during each capitulation. We all know about such stories. So it's not a light subject.
May you survive.
