The Crypto Crush: Painful part of the BTC bear may be ahead.
In a broad perspective, the BTC bubble and pop has played out almost the letter of what a typical crash model would imply. Here was an early forecast of the downswings we should see:
Of course, that was not the high! It spiked. From that perfect looking bull trap, i spiked. This is why I have trust issues with bull traps and am quick to get long breaks so I am healthy to short the next big bear level. But this spike does not change much of the original analysis.
It made bears at the top nervous and look silly, but from a macro perspective is was a nominal move.
Once the spike out is made the forecast crash comes and the forecast crash continues all the way to forecast bounce zone. This produces a bounce and takes us the forecast high of the bounce.
Now as per the crash norms we’d be here.
Let’s talk about ways we can benefit from these market conditions.
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