Skip to main content

Chart of the Day: 9 Weeks in a row....

May 31, 2022

The magazine cover on the left, describing how Bitcoin was "Storming Wall Street" came just a few weeks before Bitcoin put in a historic top in late 2017. Immediately after this cover story, Bitcoin went on to have one of the most epic crashes of all time.

Investors got wiped out right after the one on the left.

And now here we are after Bitcoin got cut in half, and many of the altcoins are down 70-80% if not more.

Are the journalists late to the bear party, just like they were late to the bull party in 2017?

Have we already gone through crypto winter?

Bitcoin just hit a record 9 consecutive weeks of declining prices:

Is now the time to bet on falling crypto prices?

Or is it time to take the other side?

I have the whole thing for you in this short video.

Give it a watch and let me know what you think!

Click here to view the exclusive replay of our LIVE Friday Crypto event.

You’ll get all our latest crypto charts, on-chain analytics, sector rotation and an inside look at some of my favorite trades and setups.... including the one chart you absolutely need to watch right now!

But I can’t keep this video up much longer.

Click here to watch while you still can!

JC

 

Filed Under: