Candlestick charts don't lie, but 'narratives' do. Watching this identical double-top pattern emerge, I can't help but marvel: human nature is a circle. When it hit 120,000, I also believed in the 'super cycle,' thinking BTC had finally escaped gravity. The price paid was a 20% loss. Just like when Three Arrows Capital promoted the 'eternal bull market,' all the 'this time is different' stories ultimately turned into 'this time is the same.' Cycles never disappeared; they just changed to a more appealing name to harvest liquidity.

BTC-1,61%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)