AMAZON - MARKET PSYCHOLOGY - BITCOIN 2017 RESEMBLANCE - CM101
AMAZON - NASDAQ
This relates as much to crypto as it does to stocks. Why? Because all follow similar (some may say the 'same') trajectory as it's as if it's run on same simulations by same individuals.
Just look at Bitcoin 'bubble' 2017 - 2018. See any resemblance to Amazon and to be frank the whole stock, bond market? Looks awfully similar to me especially with mixed media reports lately. Did you notice how we had a week a everyone being super bullish on stocks and then suddenly we switched into mass bear predictions followed by balancing of bull, bear news? Why is that? Simple! When a person is confused or unsure on what he or she should do with their holding, what are they most likely to do? They are most likely to make a huge mistake, which is exactly what we have in front of us today!
I might be early, but I'm not wrong!
This relates as much to crypto as it does to stocks. Why? Because all follow similar (some may say the 'same') trajectory as it's as if it's run on same simulations by same individuals.
Just look at Bitcoin 'bubble' 2017 - 2018. See any resemblance to Amazon and to be frank the whole stock, bond market? Looks awfully similar to me especially with mixed media reports lately. Did you notice how we had a week a everyone being super bullish on stocks and then suddenly we switched into mass bear predictions followed by balancing of bull, bear news? Why is that? Simple! When a person is confused or unsure on what he or she should do with their holding, what are they most likely to do? They are most likely to make a huge mistake, which is exactly what we have in front of us today!
I might be early, but I'm not wrong!
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