dismalnow

Why I Sold BTC (to buy at a discount in October)

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COINBASE:BTCUSD   ビットコイン/米ドル
What better time than now for a reality check, and a cuppa?

Exuberance has reached levels I've noted in previous bull cycles that is indicative of a pullback/retrace.

Nearly every indicator shows it: we are far past the "greed" stage.
Nearly every fundamental event which called for this exuberance has passed.
Nearly every layman who has raised the topic of crypto is relatively green to the space - and quite excited about how they're going to strike it rich.
Pointless shitcoins are skyrocketing to dizzying heights.

See you all in October!



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