A Couple Concerning Indicators For Crypto (Scariest Chart 😱🤮) I Was Shook
Brian Phobos
I'm not a bear I swear!!! 🐻 Just a simple realist and these are a few indicators I noticed. With volumes diminishing and the hype starts to die. Once indicator of that is YouTubers stopping making videos. Chico Crypto just came out with a video saying that he hadn't been making videos because he had a stint of depression. I don't know exactly what is going on but I'm sure the prices on crypto didn't help his mood. Also others have slowed their roll but we haven't seen a video for awhile from Crypto Daily, Trevon James, Sunny Decree. The ones that do make videos all the time it can get exhausting if they were just always trying to look at the technical charts and being very zoomed in. Constantly redrawing lines to match the narrative that we are going to go back up. The charts on a macro level don't look good at all and there are only so many times you can buy the dip. The potential Black Swan situation that I see around the corner that could change everything is a Bitcoin ETF in the United States. Three other countries have ETFs now and the SEC has been rejecting ETF proposals since 2014. Someone or multiple people really don't want and ETF to happen for whatever reason. It is very strange.
#bitcoin #cryptocurrencies #crypto ... https://www.youtube.com/watch?v=5eLpJA119lc
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