Almost every September, crypto sheds blood. To those who anticipate a green September I’d like to ask them : What weed do you smoke(with all due respect)?
According to my analysis, the weekly chart looks bad for Btc, Total and Others currently and we can only predict a heinous dump this week. This week has just begun but the 1w candle of Btc and Total closed below EMA 10 & 20, on 1D timeframe, btc closed below the death cross and nothing looks good.
Before you attack me and shower me with downvotes(which you usually do) , ask yourself one single question: What is market psychology?
I was bearish on the market in my last two posts while more than 100 redditors of this sub were extremely bullish and that makes it 1 bearish vs 100 bullish so ask yourself this sec question now: Why did you once again follow the majorities and ignored the minorities? The majorities lose in crypto, remember that. I will start buying only if the next 100 comments I get here are bearish because that will be a buy signal for me. That’s the difference between you and me.
I believe this week will be the bloodiest week of crypto in the last 180 days. Buckle up.
submitted by /u/HomelessRichBoy
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