Just as bitcoin is another asset class cryptocurrency it also goes through different psychological market cycles as well as others.
Wall street cheat sheet psychology of a market cycle.
I found this amazing wall street cheat sheet which depicts the psychology of a market cycle.
Let s take a look at h.
What the wall street cheat sheet can tell us about the current state of the bitcoin market.
This is true for dalal street and possibly every stock market in the world.
Wall street cheat sheet psychology of a market cycle.
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.
You can t polish a turd.
As a discretionary note i will say though that this cheat sheet doesn t apply to all coins.
Wall street cheat sheet psychology of a market cycle.
Select market data provided by ice data services home stock screener forex screener crypto screener economic calendar how it works chart features pricing refer a friend house rules help center website broker solutions widgets charting solutions lightweight charting library blog news twitter.
After the all time high of 20 000 in 2017 btc has remained in a downtrend for 14 months.
Based on what i hear i think we are currently somewhere between optimism and belief.
And the constant balancing act between the two creates a cycle of market emotions.