cryptocurrencies Although it may seem like an area where easy profits can be made from the outside, the situation is different inside. Since the 2021 peak, almost all altcoins are well above the cost levels of the last bull run. However, in the days when everything starts to rise, those who are new to the markets will think that everything is too easy.
Cryptocurrency Cycles
They will have a long time to think about this misconception as the next bull season begins and ends. Just like in the nightmare period that has been going on for years. Cryptocurrencies do not give anyone the opportunity to earn money easily, quickly and continuously. Especially in the last 2 quarters, those who wanted to make money by trading experienced losses due to panic buying and selling when they could not control their emotions.
So what to do? Fear and greed index Would it be useful to track metrics like: In today’s analysis, Nagato thinks that this is not very true either. Because fear and greed are dominated by limited participants and are very deceptive.
“If you zoom out a little, you will realize that “greed” is nowhere to be found. The greed that the index focuses on comes from me, you, and the five other crypto geeks left in this market. But still I don’t even feel it yet. All this is to say that the fear and greed index is flawed.
Don’t base your entire analysis on this. Don’t sell just because it’s showing some “greed signals” – that’s nothing compared to the real greed we’ll see in a few months. Why am I saying this? NPCs in crypto still clueless about what’s going on. We will see the true meaning of greed when they start taking loans to buy shitcoins and become crypto experts overnight. Until then, all you have to do is not get distracted and enjoy the show. That’s it.”
Crypto Cycle Target
PlanB is on stage again, we have to come to a time when his voice is loud. He was now seen as a prophet with the targets he gave in the last quarter of 2021. Their goals for September, October and November were achieved. These goals S2F He shared it based on his chart. Although he was ridiculed for subsequently reversing the markets, his price projection based on scarcity and demand can work correctly in bullish markets.
In this cycle, between 2024-2028, it will be between 250 thousand dollars and 1 million dollars. BTC The peak we will see is weakening. He says this based on the current chart he shared above.
Mustache is altcoins Sharing the total market value chart, he wrote that the first green bar (MACD) was seen after 25 weeks of red bars. Accordingly, we may experience a 1-month rise after this move. Because it’s happened before.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
