that strengthens my point, bottom is not in until you have a volume spike... there hasn't been "capitulation" yet. volume is descending still
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Replying to @MustStopMurad @AllanRaicher
lol dude I meant look at the volume now compared to the last bubble. "more inflows are needed to support higher price growth" well there you go.
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Replying to @DeaterBob @AllanRaicher
but inflows are decreasing based on the volume descending!!!
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Replying to @MustStopMurad @AllanRaicher
still dwarfs volume during the last correction......
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Replying to @DeaterBob @AllanRaicher
we need a huge red volume spike before we can say capitulation is inpic.twitter.com/06vlwbw6Kf
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Replying to @DeaterBob @AllanRaicher
have you studied the Dow theory, Wyckoffian theory, etc.? as they relate to other asset classes? This pattern has been observed for decades in other markets...
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Does everyone here understand that this shit all gets invalidated if something like a gov or big corp announces they own bitcoin? Or any other unexpected significant event. Positive or negative. Seems like an exercise in futility
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of course but that's not going to happen this year
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