It sure feels like the Denial Rally but Tether/Bitfinex could be 2019’s Mt.Gox

Having suffered through a crypto-winter before this one, I feel it gives me some perspective. Technical analysis will get you so far, but I’ve learned that the market sentiment is a great indicator as well. From what I can tell the current market sentiment is very much along the lines of the ‘Denial stage’ of the market cycle. Still, with a Tether implosion looming on the horizon it makes one wonder if history really does rhyme..

Market sentiment

Judging when capitulation is over and the Denial/Hope rally starts is one of the hardest things when it comes to investing. By definition the

About the author: TIMM Trader
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