Market maker always leaves a footprint in the markets,
this is one of the most classical ones
I call this one "The Wyckoff".
Dow Jones fractal from 2011.
Almost identical to the one we're dealing with for Bitcoin today.
----
On this day, based on on-chain data analysis,
retail investors have lost complete interest in bitcoin.
----
"When the last guy sells, is when we start to move up".
>don't be the last guy.
"99% of the market is wrong 99% of the time".
>don't be the 99%
----
There's a story from the 1930's that goes a little like:
During one of the biggest bull runs in history; a rich man goes to get his shoes shined,
the poor man shining his shoes looks up to him and says "wow i am finally making so much money in the stock market".
later that day the rich man goes home and sells all of his shares - causing the biggest stock market crash in history.
-The moral of this story is, retail investors have always been the leading indicator in our markets.
>When retail is euphoric and think things will go up forever, that is when the wealthy sell.
>When retail finally gives up, are all about doom and gloom, and think the markets will never go back up - that is when the wealthy buy.
👇
We're just about at that turning point.
this is one of the most classical ones
I call this one "The Wyckoff".
Dow Jones fractal from 2011.
Almost identical to the one we're dealing with for Bitcoin today.
----
On this day, based on on-chain data analysis,
retail investors have lost complete interest in bitcoin.
----
"When the last guy sells, is when we start to move up".
>don't be the last guy.
"99% of the market is wrong 99% of the time".
>don't be the 99%
----
There's a story from the 1930's that goes a little like:
During one of the biggest bull runs in history; a rich man goes to get his shoes shined,
the poor man shining his shoes looks up to him and says "wow i am finally making so much money in the stock market".
later that day the rich man goes home and sells all of his shares - causing the biggest stock market crash in history.
-The moral of this story is, retail investors have always been the leading indicator in our markets.
>When retail is euphoric and think things will go up forever, that is when the wealthy sell.
>When retail finally gives up, are all about doom and gloom, and think the markets will never go back up - that is when the wealthy buy.
👇
We're just about at that turning point.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
i only share a tiny fragment of my ideas on this platform. to view my daily work, join the lunar syndicate 9 👇
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.