RE: The Bitcoin crash is imminent. Where to find safety?

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The Bitcoin crash is imminent. Where to find safety?

in bitcoin •  7 years ago 

Unfortunately, most market moves actually have a reason and knowing that reason is more important than technical analysis. Especially in crypto, which imo defies reason many times and is unpredictable. For example, when groups are "pumping" smaller coins, or there are deep technical reasons which only few are aware of. It's like with Tesla, which is completely overpriced but just keeps going due to positive perceptions which are not justified by the fundamentals. So, perhaps rely on tech analysis day to day but knowing the deep facts is key, for sure.

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