The scariest part of this drop is that there isn't even any major FUD driving it. It's not like last time where there was the China ban and Gox and major exchange issues happening left and right. The drop is just happening naturally on it's own. What is going to happen when the real FUD begins?
Parelleling this phenomena is the continiously unanimous bullishness in the forum. Charts always with some upwards plot and bulls popping champagne and posting rockets every time there is a 5% rise, and circle jerking eachother 'oh yes that's a great analysis, just how I see it. excellent work. and things will be even more bullish after XYZ conference. we could take this further and add an extra digit or two.' (as the bottom is being challenged on low volume)
Aside from your taunting, I find your analysis to be quite good, and I tend to agree with it. I do NOT take pleasure by rubbing salt into the wounds of the bulls. Perhaps this is because I am a holder. Trading does not suit me. So I get to feel the pain of your salt when you spread it around. Does it bring you much pleasure?
With that complaint out of the way, my reason for posting.
Do you think it is possible that this low volume trading we are seeing is indicative of an age of OTC trading. I have been starting to wonder what strange effects we could be seeing if that is the case.
This is an analysis including sentiment analysis as well as a critique of poor attempts at
short-term ta. It's not a would salting. Youre giving a double standard here. Everything I do, bulls do in reverse. Bulls do it 10 times worse, and definitely salt the wounds of bears when the market goes their ways. During a rally theyre litterally yelling profanities and death threats at bears. Karma.