Lol perhaps you're right. I wouldn't even be mad.
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Regarding bull trap. Time and price will answer the question. It would be unusual for an asset to rebound so quickly after a parabolic move like we saw in 2017. Psychology of the markets tells me it’s a bull trap. I do hope I’m wrong and will let the market tell me
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You can’t compare this asset class to a traditional market. This is a much faster evolving technology than we have seen before. I agree, usually it is not normal that it would shoot back up so quickly after such a spike but this is crypto and is unusual anyway :)
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Yes these markets cycles move fast and I’m long but there was a lot of damage done from the top to the current bottom.I’m hopeful but not convinced the bear is over yet.Time Price along with psychological sentiment will help me decide. We are up 50% from the low. Time-will tell
End of conversation
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‘This time it’s different’ - probably the most expensive phrase in trading
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@crypto_say10
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Agree, market ws a animal x before Aug 17, it's animal Y after that. You can't tell what is a bull trap anymore. I hope it is not, but hey, who knows animal Y.
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FOMO will come...
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It's called wash trading of bots
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because there isnt a bull trap, its the most cleverly disguised bear trap ever
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I hope so
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Volumes very low since january
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We all only see what we want to see.
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