aeonflux-3D
  • Home Page
  • About us
    • What we do
    • Aeon FLux cosa facciamo
  • Services
    • Gold Service
  • News
  • Tokens
    • Token Gold Plus ITA
    • Token Gold Plus – EN
    • White Paper Aeon Flux Gold PLUS
    • White Paper Big Taurus CLUB
    • White Paper Aeon Flux Gold 100
  • Contact
  • Client Area
  • en_GBEnglish
    • fr_FRFrench
    • pt_BRPortuguese
    • ru_RURussian
    • zh_CNChinese
    • arArabic
    • es_ESSpanish
  • Home Page
  • About us
    • Aeon FLux cosa facciamo
    • What we do
  • Tokens
    • White Paper Aeon Flux Gold Plus
    • White Paper Aeon Flux Gold 100
    • White Paper Big Taurus CLUB
  • Our services
  • Our clients
  • Contact
Ankr Price Prediction
May 23, 2021
Chinese bitcoin miner expands to North America
May 23, 2021
Show all

Bitcoin Crash on May 2021

Published by Aeon Flux on May 23, 2021
Categories
  • News
Tags

Is the Bull defeated by the Bear?Photo by Irina Babina on UnsplashThis will be a quick article, where I will share my point of view on the recent drop in Bitcoin price.Of course, you want to know if you should shell or not. If the bull run is over and we are getting in the long bear market phase of the cycle. I will tell you what my thoughts are, what I am doing, what my plan is.Definitely, this is a correction where the price is down over 40% from its ATH. Normally such a drop signals the bear phase of the cycle when we are talking about cryptos.But where are all the plans and predictions that BTC will hit over $100K and maybe even $320K until the end of 2021?Did Elon Musks tweet kill the Bull? I am not sure. First of all, I don’t believe that the tweet did all the damage. I believe that because everyone is watching what Elon Musk is tweeting, the same are whales doing. Whales are manipulating the market and they are waiting to do it at the best moment.Could you find a better moment when you know that everyone is waiting for the next Elon Musks tweet? I can’t. I, like a whale, start selling and pushing the price down.Yes, I know that we have picked the Pi cycle indicator and that after that, in the previous cycles, we have entered the bear phase.But there is a big difference from previous cycles. That is the institutional players are getting in the game. The boys from Wall Street know how to play this game harder.Photo by NOAA on UnsplashYes, MicroStrategy is a whale, and they want to buy more so that they have control of the market, and with the share from the…

Share
0
Aeon Flux
Aeon Flux

Related posts

November 12, 2021

The quest of STABLECOINS — The way of all stable crypto things


Read more
November 12, 2021

Fueled by Latest Inflation Figures, Bitcoin Jumps to a New All-time High


Read more
November 12, 2021

Will Positive Earnings Surprises Continue To Support Markets?


Read more

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Discover opportunity

  • Home Page
  • About us
    • What we do
    • Aeon FLux cosa facciamo
  • Services
    • Gold Service
  • News
  • Tokens
    • Token Gold Plus ITA
    • Token Gold Plus – EN
    • White Paper Aeon Flux Gold PLUS
    • White Paper Big Taurus CLUB
    • White Paper Aeon Flux Gold 100
  • Contact
  • Client Area
  • en_GBEnglish
    • fr_FRFrench
    • pt_BRPortuguese
    • ru_RURussian
    • zh_CNChinese
    • arArabic
    • es_ESSpanish
© 2022 Aeon Flux OU Harju maakond, Tallinn, Lasnamäe linnaosa, Lõõtsa tn 5, 11415- Cn° 16301206 -VAT N° EE102424021 - EMTAK code 46901 - Duns N° 686889151
.
All Rights Reserved.
Powered by IWG Web Agency
Privacy PolicyCookie Policy