Bitcoin Is OVERBOUGHT and will FALL DOWN very fast!

in bitcoin •  7 years ago 

It is time to sell Bitcoin.... I wrote last week that trend shows signals to sell but some big investors OVERBOUGHT market now.

You can see how big is a CAP now on the picture from https://coinmarketcap.com/

Cryptocurrency Market Capitalizations   CoinMarketCap (1).png

The overbought market will break all stops... STOP TRADING NOW

Disclaimer:

Any market data or commentary used here is for illustrative and informational purposes only. Don't trade with money you can't afford to lose especially with leveraged instruments. The past performance of any trading system or methodology is not necessarily indicative of future results.

I hope you like my private CryptoCurrency analytics

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what makes you so secure?
It´s already a currency in some countries. why should this project crashes exactly now? It´s growing all day?
Or is there another opinion of you guys? Answer please :)

I don' see any Bitcoin Crash. I see speculating market too big to stay a long time in uptrend

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Maybe you have a point but Bitcoin had much bigger CAP before... Don't panic. Buy and wait.

I agree if you have a long position. But if are a day trader you should be careful now.