Bitcoin: History Repeating Itself. By Gregory Mannarino

in #money5 years ago (edited)

Me new pic.jpg

This time is different! You Don't know what you are talking about! Blah, blah blah..

It is NEVER DIFFERENT! And yes there are some people that do know what they are talking about.

Below is a chart of Bitcoin, and it is a classic, repeated over and over, bubble pattern.
However, the worst part of this is how it has been gamed.

In the 2 weeks prior leading to the Bitcoin futures open, specifally the CME (largest in the world) Bitcoin doubled in price. Then as soon as the CME exchange opened, the Wall Street Wizards began betting against Bitcoin and it's price has plunged. (Coincidence?) Please tell me you are not that blind.....

No one can say that I did not tell then ahead of time that this would happen with certainty.


Gregory Mannarino, "The Robin Hood Of Wall Street."

Watch the price action of Bitcoin LIVE. Click here:


Try not to be frustrated Greg, I am sure even the people panicking appreciate you being there repeating the message.

The worse thing to do will be sell right now so wait for the next game they play up ?

Personally I am tired of the BTC/BCH war. Crypto is here to stay, looking forward to the more fungible coins that will get stronger.

Thanks again, upped and resteemed.

@newsdesk...I would change Bitcoin right now to other altcoins. It's a perfect entry point for good coins but for Bitcoin it would be to risky for me. My favourites are Steem and Ether.

I think it is a correction for now. BTC and many alts had a crazy bullish run the past 6 weeks. Corrections are needed to allow for profit taking, new resistant and support zones, and they prevent bubbles. If you have been in the crypto world for a while, this is NOT the 1st time that this has happened. It is still in the early phases, so there will be volatility. If it breaks below $10K, look for support at 8.5K. If it breaks below 8.5, then we have a crash coming.

good post my friend

greg trying to buy the dips

this is the last pojition ,,,you can get well cryptohub-bitcoin-trend-hilarski.jpg

I have been warning of the same, 2 days ago I posted the following chart on one of my blogs. Mind you, I think there will be a good buying opportunity once the correction is over, but you have to be very selective in which Alt-coin to hold going forward, many of the fly-by-night ones won't make a come back.

@marketreport - resteemed. I enjoy listening to your interviews on USA Watchdog. I am surprised that Greg Hunter is not on Steem and using DTube, I suggested it to him recently.

tnx for resteem

thanks, resteemed...

Sir resteem & upvote done..........//////////////

Excellent trading system post
resstemed this post @marketreport

Upvoted and resteeming done.

i watch this chart and resteem done . you can check my timeline @marketreport

Robin Hood or Nostradamus? Resteemed - upvoted

Up and resteemed

Too bad that Wall Street get in the "crypto" game.

thanks for your next blog.already resteem done

another great one. resteemed..

Bitcoin, Bitcoin, Bitcoin... lol
Re-steem and upvote... :-)
Thanx for info

Upvoted resteemed

resteemed and upvoted..

Sir Exellent post Upvoted and resteeming........///

Thanks for sharing your post...your information is so great...
i also resteemed and upvoted sir..

Excellent trading system post
resstemed this post @marketreport

Thanks for your information.
RESTEEM this...:)

very great information.

upvoted and resteem

Great information upvote and resteem post.

I like your post . Resteem and upvote

You called it..then it happened..great insight. upvote and resteem

i see your chart and resteem done.thank you resteem

upvoted and resteem boss @marketreport

Upvoted and resteemed.

Always good information and always resteem and upvote.

upvoted and resteemed

What is the current number of bitcoin transactions per second. If all those holding bitcoin seriously start eyeing the exits, I think it will pull way back before all those who want out can get out at their price.

Most of the cryptos are reverse pyramid schemes with fewer and fewer coins being minted every month. So if demand rises you have these parabolic moves. I personally don't know why the party would end now. But I do like LTC more than BTC just because it is way cheaper per coin. Also LTC will keep getting good news over the next few years.

Bitcoin difficulty is increasing parabolically. It will be $100,000 before you know it even if BTC demand remains flat. Which I expect as we move above $25,000 demand will just increase as people start smelling $100,000. Any time is a good time to buy cryptos. But again I like Litecoin even more because it is also a useable coin.

Greg, you sold at $9500. Even you admitted that nothing can go up parabolic. I consider the run from $10k to $20k parabolic. This is a much needed pullback and you know it. I will pound on this topic when BTC is sitting multiples higher from here and you will have egg on your face.

Good post buddy you'r the best :))
You are number 1 on bitcoin :))
Thanks for information..

its so amaizing this market up and down situation but not painic bcz its the part of market up down sir

important information for me.
thanks for sharing @marketreport

How are people washing the day? If not, like the Bitcoin, the currency was not discovered. It would have been very difficult to keep people's calculations in cash. But when it appears to be bad, when it is seen that some countries are prohibited from using it. @marketreport

Upvoted and resteemed.

Greg attempting to purchase the plunges

Upvoted and resteemed

thanks for post. you know everything about bitcoin.
You are the best :))

Bitcoin increment day. Your blog is so decent a debt of gratitude is in order for share this.
Upvoted and resteemed

Thanks Greg been learning a lot from watching your videos I think one of the most important things was to always take profits. As usual upvote and resteemed

greg trying to buy the dips

Thank you for sharing this .

Upvote done! your content always informative.

Great post! Well substantiated information in bitcoin.

It seems funny that C Lee sold of his LTC this week, too.

IT'S A TRAP!!!!!

The worst thing is if you you don't have your BTC in a trading platform, you are going to have to wait 24 hours (if your lucky) to get it to one. A lot can happen in 24 hours at this point.

Odder still is shape shift in my Exodus is down today for maintenance.

If you play conservatively... Try to tether out and see what happens before you buy back in.

we also know and ur analysis on market are always best maybe crypto or stock market @marketreport sir

Along the lines of "This time it's different", I found an interesting AP article published today that contained this quote: “The flattening of the yield curve today is going to have a different impact on growth and corporate health than it has in the past,” said Erin Browne, head of asset allocation at UBS Asset Management. “We don’t think that even an inversion of the yield curve, while it certainly would make headlines and people would raise eyebrows, would have the same impact in this cycle as it would historically.” I know I'm changing the subject here, but can you comment on this, Greg? Thanks very much, and thanks for all your hard work.

Spot on! Peaks and valleys is the name of the game..................

couldnt agree more this was obvious

keep up the good work sir

Thanks Greg! Have been concerned as well.. I am still in ETH and XRP but still holding to my physical SLV and GLD

very good information.....
thnx for your informative post....

Maybe with the start of the new year will be known rocket height

You are Awesome
Keep up the good work

thanks for the info @resteem

bitcoin increase day day ...your blog is so nice thanks for share this

Nice to see gold on the plus side today...

Wow, great post sir.bitcoin is my life.i follow you sir.

Resteemed and upvoted

Excellent information thanks for sharing sir

thanks for information on bitcoin training upvoted.

I enjoy listening to your interviews on USA Watchdog. I am surprised that Greg Hunter is not on Steem and using DTube, I suggested it to him recently.

great trying to buy the dips

Very informative post. You have many views in your post.upvote and @resteem

The fall and takeoff of bitcoins were planned. Someone has very well earned

Happy holidays Greg! Take some rest..........////////

Sir resteem & upvote this post..........//////////////

Upvoted and resteemed sir...
thank you for your excillent post...

Resteem and upvote

Bro Resteem This Post

video and have a nice evening.


thanks for share update information in BTC @marketreport

Outstanding perfomance for bitcoin...
Thank's for sharing

wonderful post
i like your post,thanks for sharing
have a nice day @marketreport

Super post thanks for sharing. Re-Steemed

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