22-05-2022, 06:08 PM
This structure is true especially for speculative markets.
![[Image: 7f7kZj1.jpg]](https://i.imgur.com/7f7kZj1.jpg)
Guess which stocks the chart is showing.
It is the ARKK fund. During the markup and distribution phase YouTubers promoted it non stop and Cathie Woods appear on TV every day. It was all pumped up to lure small investors.
Now look at Bitcoin using the structure ....it is quite clear where we are. You it may sudden rise to give some hope ans lure in more retailers but later you will meet new lows...
You should always sell into strength from now on. If you only have a small position just sell everything and let go...
![[Image: 3dJNLbz.jpg]](https://i.imgur.com/3dJNLbz.jpg)
Guess which stocks the chart is showing.
It is the ARKK fund. During the markup and distribution phase YouTubers promoted it non stop and Cathie Woods appear on TV every day. It was all pumped up to lure small investors.
Now look at Bitcoin using the structure ....it is quite clear where we are. You it may sudden rise to give some hope ans lure in more retailers but later you will meet new lows...
You should always sell into strength from now on. If you only have a small position just sell everything and let go...