Bitcoin Bubble

Bitcoin Bubble

Hi traders, Happy Holiday!

To day I was doing some research, and decide to look at Bitcoin chart, and read about past Bubbles, like Tulip Bubble (1637). This won’t be some “Amazing Facts or Brand News”. this blog is more to make you aware about Bitcoin bubble, and for those who still buying and think won’t get cut…well to late, take your losses and learn from your mistakes.

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Crisis Pattern

Crisis Pattern:

A you can see ,there’s 4 players in a bubble Trend.

1st: Smart Money, I would say those who create this currency/bubble.

2nd: Institutional Investors, second winner from the pattern.I think i just before news take over the subject of XYZ.

3rd: Public, well, you will got winner and loser, but most of them will lose. Those who buy with emotions. Those who try to make quick Buck$. …By the time, 1st and 2nd players, sell everything to them…and make they profits.

4th: those who read new paper from past weeks or months…:)

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And like for Gold, when peoples start to over predict Gold price, like saying it will hit 5 000$ or even 10 000$/oz ….same start to happen with Bitcoin. And the most interesting thing, those who say this, is those who sales them. And even if Gold or Silver should worth much more than too day….well the true is little bit different. with price manipulation thing are little bit different in real life.

The following chart, will show you few of popular Bubble happen in history, and this since , my favorite “Tulip Mania”

South Sea Bubble