BitcoinShort
This is not a correction, this is a Bearish trend!
While many people still believe in bitcoin, I believe the bullish rally has ended on April 13, 2021.
Many of you may heard the historical transaction of Laszlo Hanyecz, who infamously traded 10,000 BTC for two Papa John’s pizzas on May 22, 2010. While many consider those pizza as the most expensive pizza ever, I believe they were actually the cheapest pizza ever! Because the person who ate them, pay for them by creating 10000 bitcoin just by clicking!
Who knows maybe in the next 11 years you can buy only 2 slices of a pizza with 10000 bitcoins!
Sound ridiculous today, but if it happened once it could happen once again! Don’t forget, Bitcoin or any other cryptocurrencies have ZERO intrinsic value!
400 years ago, people had Tulip mania, at the beginning of the 19th century they had Hyacinth, and today they have cryptocurrency mania!
Bitcoin went down 27% in 11 days in April, in May it has lost 49% of its value in 11 days, which means the going down process is accelerating!
If you think I’m insane, review these:
Many of you may heard the historical transaction of Laszlo Hanyecz, who infamously traded 10,000 BTC for two Papa John’s pizzas on May 22, 2010. While many consider those pizza as the most expensive pizza ever, I believe they were actually the cheapest pizza ever! Because the person who ate them, pay for them by creating 10000 bitcoin just by clicking!
Who knows maybe in the next 11 years you can buy only 2 slices of a pizza with 10000 bitcoins!
Sound ridiculous today, but if it happened once it could happen once again! Don’t forget, Bitcoin or any other cryptocurrencies have ZERO intrinsic value!
400 years ago, people had Tulip mania, at the beginning of the 19th century they had Hyacinth, and today they have cryptocurrency mania!
Bitcoin went down 27% in 11 days in April, in May it has lost 49% of its value in 11 days, which means the going down process is accelerating!
If you think I’m insane, review these:
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Use the following link to access trading ideas: patreon.com/SniperTraderStocks?utm_medium=unknown&utm_source=join_link&utm_campaign=creatorshare_creator&utm_content=copyLink
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.