RE: How To Profit From People's Tendency to OVER REACT! | Investing Psychology Series - Episode 3.

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How To Profit From People's Tendency to OVER REACT! | Investing Psychology Series - Episode 3.

in bitcoin •  2 years ago  (edited)

Yeah man I love that image, it certainly matches up with the emotions we see in the crypto market. I just think the latter part of the image, where price never recovers beyond the high won't be accurate for solid cryptos that have a strong future, for shitcoins yes this image could be exactly what happens though!

BTC/USD has actually come strongly back into the expanding triangle I drew a few days ago (for now at least, 4hour candle hasn't closed inside yet) and so I think the recovery is in full flow now, will make a post to illustrate exactly what I mean.

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