🛑 STOP and Learn the Crypto Market Psychology! 🧠💰
Newbies, listen up! The upcoming Bitcoin halving is a pivotal moment, but understanding market psychology is key! Here's a breakdown:
PHASE 1 - Accumulation: Whales scoop up discounted crypto, new projects emerge, but scepticism lingers. Remember when $BTC was at $15,000? That was the time!
PHASE 2 - Momentum: Prices surge, correct, then surge again. HODLers rejoice FOMO kicks in, and altcoins skyrocket. Exciting times!
PHASE 3 - Euphoria/Excess: Greed takes over, prices skyrocket daily, and mainstream media can't stop talking. But beware! A fear and greed index reading of 90 spells trouble. Stay sharp!
PHASE 4 - Massive Crash/Long Red Candles: Panic sets in as prices nosedive. Media spreads negativity, whales and newbies bailout, while veterans buy the dip. Don't get left holding the bag!
#BullorBear. #BinanceLaunchPool #Nonfarm #MemeCoins
Let's navigate this market with wisdom! 💡📉