Wall street cheat sheet psychology of a market cycle.
Wall street cheat sheet psychology of a market cycle.
You can t polish a turd.
And the constant balancing act between the two creates a cycle of market emotions.
After the all time high of 20 000 in 2017 btc has remained in a downtrend for 14 months.
Let s take a look at h.
Just as bitcoin is another asset class cryptocurrency it also goes through different psychological market cycles as well as others.
I found this amazing wall street cheat sheet which depicts the psychology of a market cycle.
As a discretionary note i will say though that this cheat sheet doesn t apply to all coins.
Especially for the sh tcoins.
Ticker trading ideas educational ideas scripts people.
Based on what i hear i think we are currently somewhere between optimism and belief.
This is true for dalal street and possibly every stock market in the world.
What the wall street cheat sheet can tell us about the current state of the bitcoin market.
For many years investors have studied the market emotion cycle using the wall street cheat sheet.
Make sure you check yourself before you wreck yourself as the saying goes.
It s quite easy to see that the bitcoin price cycle closely resembles this.