Bitcoin
Short

🅱️ Market Psychology = Complacency; Anxiety, Denial, Panic Next

Many people are feeling safe and secure, "complacent"...
Some people are even feeling a thrill, bullish and hoping for higher prices...

We are witnessing the classic behaviour that accompanies a market cycle.

âž– The next phase, "anxiety" means the start of the major bearish move.
âž– The "denial" phase means that the crash is ongoing, gaining momentum...
âž– By the time people start to "panic", we will be looking for reversals signals to show up.

âž– When the "capitulation" phase starts and we see "anger", "depression", the time to buy has come... Yes, the time to buy will come but not yet, not now...

👉 Now is the time to sell.

âž– Sell at resistance;
âž– Buy at support.

Namaste.
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