Are we really bullish?

Cryptocurrency News and Public Mining Pools

Are we really bullish?

Are we really bullish?

My fellow crypto brothers,

At the moment there is huge hype that we are going to pump hard from here. Analysis ideas are everywhere and they are all bullish :

Technical analysis showing pumping signs

We are witnessing everything pointing out to huge upcoming pump and I'm here to remind you of something that happened not so long ago.

June, 2021.
I vividly remember this exact same technical analysis, and how excited people were. Even energy in this sub is almost exactly the same. But it took one long month before we started going up.

Similarities between June and December, 2021.

As much as I'd like for crypto too be green at least for the next 25,201.7117 days this might very well be a huge trap, and history tends to repeat itself.
Does anyone feel the same way about this as I do ?

This is just a reminder for you that you should be careful. Don't use too much leverage, and plan for the worst.
Be safe brothers !

submitted by /u/XchiziX
[link] [comments]