This madness will end in tears, page-98

The sector was screaming at everyone that it was about to crash.

The TA on the Bitcoin/Crypto chart was very ugly and the FA in the media was very ugly. I've been telling my friends not to buy any Crypto's since the end of November unless they only want to trade because all the warning signs of a crash were there.

The very sad fact is that a whole heap of punters who know nothing about TA & FA and that have never been on the stock market have put savings or got themselves into debt and jumped on the hype train in the last 8 weeks not having a clue it was headed straight for a wall.

The bottom pictures courtesy of @domeniaco shows the 1st & 2nd crash and now 3rd all of which are roughly 3 months apart.

https://hotcopper.com.au/posts/30369308/single



2018 is going to be a crucial year from Bitcoin/Crypto's and no one, literally no one knows what it will bring.

Now we wait.

dyor, imo