BardiniCapital
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BardiniCapital

I believe the recent surge in BTC has reached its conclusion. The term 'Mania' aptly characterizes the current state of BTC. In essence, BTC doesn't address tangible real-world issues, and the majority of those buying and selling it are driven by profit motives rather than a commitment to libertarian principles. Similar to the stock market, individuals are acquiring BTC driven by greed and selling out of fear, leading to the formation of tradable fractals. It appears that BTC has just completed a substantial ABC correction that commenced in November 2022. I anticipate BTC will ultimately decline below 15k and further. It's crucial not to buy into the mainstream narrative of BTC reaching 1 million; such projections lack rationality. I urge everyone to examine a weekly chart of BTC with the S&P overlaid to observe their correlation. Notably, all the rallies and downturns align perfectly. The crypto rally is essentially being facilitated by stock market movements; crypto is unlikely to rally unless the stock market does, and the likelihood of a stock market rally is uncertain.Good Luck, Abardini
BardiniCapital

DONT MISS OUT BTC TO A MILLION EASY BUY Are you intrigued by my attention-grabbing headline? It succinctly captures the current state of the BTC market—a clickbait rally. BTC has been riding the waves of the stock market, which reached its peak in January 2022. Around the same time, BTC experienced its own top (within weeks of the market). This demonstrates that while BTC may not be directly correlated with the stock market, its fluctuations of optimism and pessimism are interconnected with the broader market's highs and lows. Consequently, BTC's rally from its low at 3k to an eventual 69k was not driven by a desire for secure wealth storage or a libertarian ideology, but rather by speculation akin to gambling in a casino. Unfortunately, this short-lived rally is indicative of Wave B/2 wave personality. However, rest assured, everyone anticipates that BTC will skyrocket again, and believe me, NOBODY wants to miss out this time! The fear of missing the next rally compelled people to invest initially. Their intention was not to hold BTC or exercise liberty but rather to avoid missing out on the next possible surge in price.
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