Helloo Steemit
I really wanted to talk about the FUD- Fear, uncertainty, and doubt in the crypto world caused by mainstream media.
If this is the first time you are visiting my posts, I create comic strips called "Stupid is as Stupid does".
I create the comics in Pixton.
Let's get right to it then.
Original link for the post in Pixton : https://Pixton.com/ic:uee8ihvg
We all know the majority of the Bitcoin is owned by sharks and Whales. If they really did pull out their money or lost faith in Bitcoin, the pattern which BTC followed to retrace or come down would never exist, the gradual pattern forming in BTC is a sign of nothing but speculation by traders. Like Kayden mentioned above, this is a textbook "Flag pattern" which most probably result in another upside wave to the first target of $28,000.
Picture 1 source: Tradingview screenshot
Picture 2 source: DailyFx
Consolidations just provide stability and maturity to the market and increase the chances of a continuation to the upside. I can understand Crypto has spoiled most of us with insane volatility and easy profits. It has just been 2 weeks since the consolidation started. Let's be patient, Let's ignore the mainstream media who are desperate for click bait news every day.
Legal disclaimer:
The content of this report is not financial advice, merely personal speculations that you are free to use or disregard. Noisyboy is in no way responsible for losses that may incur based on the ideas presented here.
Please check out my Episodes of Stupid is as Stupid does: The links are below
Stupid is as Stupid does ||Episode #01 Steemit and Plagiarism: https://steemit.com/introduceyourself/@noisyboy/stupid-is-as-stupid-does-episode-00-and-episode-01-naatsu-and-plagiarism
Stupid is as Stupid does ||Episode #03 Steem, Steem dollar and Steem power:
https://steemit.com/introduceyourself/@noisyboy/steem-steem-dollar-and-steem-power-in-stupid-is-as-stupid-does-ep-03
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I would really appreciate if you can share your feedback about my comics so that I can improve on the same.
Comment if you have any queries.Thank you.
Ciao