This is worth reposting!
#Megadrop #treesdontgrowtothesky #BullorBear #Bear

This holds wickedly true.
#treesdontgrowtothesky #bear

I fear my posts have been silenced/ shadow banned. I have gone from thousands of views to 6 in a post! 😝 #shadowban #BTC #Bullorbear #treesdontgrowtothesky #bear

More people are starting to cry foul but there's still too much optimism. There shall be more blood yet until the 1 month #btc bollinger band trio pouts. Right now it has its mouth wide open! ( see image) We will probably see an easing of the pain and a return of exuberance but alas the real blood bath, though delayed, shall come!
#treesdontgrowtothesky

#bitcoinhalving The Greed indicator on here is just about the most useful indicator you'll find for any market moves. Things are never "different this time". Be an investor not gambler. #treesdontgrowtothesky

As bad as this correction seems, you only need to look at the basics to see that we have a long way to go; consider how wide open most Bollinger bands are on any time frame! There is more serious crashing yet to come, this is just a correction #BTC #treesdontgrowtothesky

The idea of "to the moon" is one of the most misleading things when you're trying to be an investor and not a gamble. When you're up a significant percentage it's better to do a technical analysis and rebalance. Accumulate tokens, don't speculate..... that's the way to the moon. DYOR #treesdontgrowtothesky #btc #neo #jasmy

I wonder how long #ONG can continue to defy the golden ratio? 😂. At over 0.62 its punching waaaay above its weight. Risky strategy from the chief market maker...if BTC sneezes they're toast! Maybe they'll make this particular tree grow to the sky after all! Let's wait and see!
#treesdontgrowtothesky #bullorbear #BTC

The market price is always a reflection of the asset value at that time taking into account all aspects including potential future value. So the current value of BTC has baked into it the expectation that it will go to 150000 and all other high hopes that people have for BTC! As soon as people start to stop believing, the price will adjust downwards accordingly.Question is, how long will people continue to believe in 150000 Bitcoin in the short to medium term against bonafide indicators of overvaluation? The BTC chart below with bands and RSI incase you missed it👇
#BTC #treesdontgrowtothesky #BullorBear #Megadrop

All this pain and we're still only there 👇
Never invest without insurance, as previously stated, making money only when the market is going up is like walking on one leg when you've got 2 perfectly functioning legs!
#treesdontgrowtothesky #BullorBear #SHIB

I'm seeing all sorts of "technical analysis" as to why #ONG is down which really miss the point. I said a few posts ago that the behaviour of #ONG was anomalous; suspecting that the chief market maker was artificially keeping the price up to combat shorts. Well, it seems with bitcoin halving tomorrow the price was tactfully brought back down to reduce exposure risk to a sudden crush and also to gain a tactical advantage against shorts in this eventuality. ONG is normally very sensitive to #BTC and there is hardly any other explanation for its short term decoupling from BTC ; the chief market marker, whoever that is, is obviously keen to reduce exposure risk. You will also crucially note that the price was brought down AFTER BTC had stabled off, meaning they could reverse the trend to cover any ridiculous shorts if needs be during the process.
#knowhoyouareupagainst #treesdontgrowtothesky

BTW.... we're still here 👇
#treesdontgrowtothesky #BullorBear #BTC

The trick is to time your market entry just as the last hopeful hodler throws in the towel. At the moment, there's still too much hope in the market , too many hodlers and way too much optimism. Be a contrarian; to do that you need to understand people - starting with yourself. If you're tempted to buy the deep, its probably not time to go in yet. There SHALL be blood on the streets yet! #treesdontgrowtothesky #bitcoinhalving #Memecoins #BullorBear

You wouldn't drive a car with your hands off the steering wheel so why would you invest without insurance ? For everyone token you buy you MUST have insurance. How ? Use futures at the very least and go short to reasonably cover your positions. 1x or 2x leverage is fine; don't be greedy. Remember; trees don't grow to the sky; they never have!
#treesdontgrowtothesky #Megadrop #Memecoins

As previously stated exuberance has returned. The fundamental dynamic remains the same; RSI is overbought at 80, we are way above the 200 Day moving average, we are well above the top Bollinger and last but not least - even shoe shine boys and taxi drivers are talking about Bitcoin. No it's not different this time. Still bearish in the near to medium term but bullish for the next four years. Learn now how to profit in a down market#treesdontgrowtothesky #BTC #SHIB

When the figure in the orange circle goes below 20 and the candlestick gets to the purple line shown by the arrow all on the 1 month chart; it will be time to buy with reckless abandon REGARDLESS of the price and whatever news will be doing the rounds. BONUS: If the CBOE vix is also over 60 at the time, sell your boss, colleagues and underwear!! DYOR though and this is definitely NOT financial advice. #btc #treesdontgrowtothesky #etf

24 hours from my last post #ONG has had a massive swing back up; something is definitely up! Interestingly, when coins/tokens display this sort of volatile anomalous activity Binance slaps them with the "monitoring" tag. I wonder will they do the same with ONG given its strange behaviour in the last few days and for the simple reason that its been more volatile than most everything ? even temporarily ?? Somehow I strongly doubt that. Let's breakout the popcorn 🍿, watch and see where this is going. Not bearish not bullish but watchfully waiting #knowhoyouareupagainst #treesdontgrowtothesky #BullorBear #bitcoinhalving

The advent of Bitcoin ETFs, Futures trading, Margin and everything in-between reminds me of the derivatives bust of 2007 - 2008. Crypto is fast becoming divorced from its cryptographic utility and becoming a vehicle for wild and complex financial speculation. At this rate, one of 2 eventualities is possible neither of which are particularly attractive:

1. Regulation

2. A nasty bust then regulation

#ONG #bullorbear #treesdontgrowtothesky

5 days ago I made the below post. #ONG went on to hit the 80s after that post. As of now, we're back at the golden ratio as below. I've never known anything to defy the Fibonacci ratio 1.618. Turns out trees don't grow to the sky after all. ONG DID catch a cold when #BTC sneezed. This should be a lesson to all. Don't be an emotional gambler. By the way, BTC is still ABOVE the top Bollinger band on the 1 month graph....see my other posts on that!
#treesdontgrowtothesky #BullorBear #bitcoin