Bitcoin. The tempting future of endless growth

The hype that we are currently seeing in social media has definitely reached a new level. The level of super greed, absolute psychopathic indifference to other people who are happy to carry their hard-earned money, just for one tweet, a word in the speech of officials and opinion leaders, who are doing all they can now, so they are uncontrollably robbing them, inventing memecoins, info-reasons for even greater enrichment. It is sad, because disappointment and super losses will certainly await us when the music ends and there are not enough chairs for everyone.

So, let's leave the lyrics, here all the adults and those overwhelmed by greed carry their money to cunning politicians and greedy opinion leaders. The info-reason on which there is now rapid growth may ring for some time, but when it becomes clear that the goat can be led until Trump's retirement, then we will be drained by the so-called weak hands. Plus, the whales need to close their longs on someone. I believe that cryptocurrencies have a bright future, not all of course, but those projects that do something useful for society will definitely be successful and survive, but I expect a correction soon. Why?

We see a technical signal on the monthly tf, divergence on MACD, overbought and divergence with volumes.



We also see open interest at maximum values, which is now about 70 billion.

I think people will soon begin to understand that in order to accept crypto into the state reserve, you need to go through 7 circles of hell in the form of opponents of the current politician, who can drag out the rubber for 4 years and still not pass laws, the initiative is certainly amazing for crypto, but its motivation is greed, which never leads to anything good. But the fact that the discussion is at this level is wonderful and will lead somewhere in the long term, we'll see

The market is out of balance and buyers will end sooner or later and the info reasons will become weaker.

Indirect short signals from altcoins




High probability of testing the 62-65k zone, to work out the divergences of monthly timeframe, in the short term - an exit with an update of the maximum and a return to the 92k test is possible. There is also a big chance that we will not be able to disassemble the resistance at 105k and will go into correction from this level without updating the maximum.

I want to remind you that if you have a crazy desire to prove and defend and argue a certain point of view, this means that you have lost objectivity and for a trader this is the beginning of the end.