Bitcoin is overheated
Man, it’s been a while since I’ve been here… kinda miss it. Lost $20k trading x30 leverage, but now I’m getting my feet wet again. Pretty simple analysis today… I’m a long term bull but Bitcoin is way overheated. How could you not think so? The hype of the last two years has died. Money printing has been tapered back. Inflation rises… but it won’t be enough to prevent bitcoins fall. We shot up way too high way too fast. Maybe you will argue that there was a long summer of bear market. But it wasn’t that long. The real sleeping bear is coming. Next buy for me is going to be around 20k. Blah blah institutions… buckle up. It’s Bitcoin guys . Buy right before the next halving and be happy .
