The general consensus is bearish right now.
So many people think that the ETF tomorrow will be a "sell the news event."
I am not wasting even a second considering the outcome of that. It is already priced in, nothing will come of it. What im wondering is why nobody is remembering the massive cup and handle pattern we are in, the supply shortage on exchanges, and how we just had the highest candle close ever on bitcoin.
You have to be an idiot to think that the cup and handle pattern is less telling than some ETF being approved. Who cares about this ETF? If we do crash (go below my red line) I blame it on the media pushing this stupid ETF news so much. This is crypto, we don't require catalyst events for mega pumps.
So many people think that the ETF tomorrow will be a "sell the news event."
I am not wasting even a second considering the outcome of that. It is already priced in, nothing will come of it. What im wondering is why nobody is remembering the massive cup and handle pattern we are in, the supply shortage on exchanges, and how we just had the highest candle close ever on bitcoin.
You have to be an idiot to think that the cup and handle pattern is less telling than some ETF being approved. Who cares about this ETF? If we do crash (go below my red line) I blame it on the media pushing this stupid ETF news so much. This is crypto, we don't require catalyst events for mega pumps.