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.
It s quite easy to see that the bitcoin price cycle closely resembles this.
Ticker trading ideas educational ideas scripts people.
Especially for the sh tcoins.
The cheat sheet can help give you a better sense of where we are in the market cycle.
I found this amazing wall street cheat sheet which depicts the psychology of a market cycle.
Wall street cheat sheet psychology of a market cycle.
Based on what i hear i think we are currently somewhere between optimism and belief.
As a discretionary note i will say though that this cheat sheet doesn t apply to all coins.
Let s take a look at h.
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This is true for dalal street and possibly every stock market in the world.
For many years investors have studied the market emotion cycle using the wall street cheat sheet.
You can t polish a turd.
Wall street cheat sheet psychology of a market cycle.
After the all time high of 20 000 in 2017 btc has remained in a downtrend for 14 months.