Post
Topic
Board Speculation
Re: 2018 Cryptocurrency Crash (Elliott Wave)
by
CookieFactory
on 07/09/2018, 21:53:42 UTC
Not sure about that one. At this point it’s in vogue to be bearish and the 4-5K level is the mainstream view. The funny thing is the people who hold this viewpoint think they are being contrarian but are actually the majority.

The majority of social media, i.e. YouTube/Twitter/Reddit/Telegram/etc are STILL expecting a return to at least $10,000 before 2018 ends in 4 months —including YOU the reader of this comment!
Being a bull or a hodlr is STILL the overcrowded trade.

Where are the numbers to back your assertions? The fact that short interest in BTC and ETH are sitting at all time highs throws cold water all over your argument. Cold numbers, FACTS.