The End of Crypto for a Long Time

9 Jan

I'm being dramatic lol, but I just started going down the rabbit hole of what if the cycles don't just repeat like everyone says. I have been in crypto since 2013 and don't really think it's over, but I'm just playing devils advocate. I do think we hit a major resistnace and have at least a local top on our hands. If the cycle was ever to stop we have a major confluence of 3 resistances, even breaking of the 2013 uptrend line is not a good sight. Do I really think the cycle is over? No, but I did take enough profit in case hah, It's just really been bugging me how many people say just buy and hold and you're fine, I have never seen that many people confortable with crypto in previous cycles which is freaky to me, but this is where my contrarian side can get me in trouble. I'm just going to continue to play the charts, but if crypto were to completely hault for a long time, this would be the confluence to do it.

9 Jan

Catatan

Closer look