Marc De Mesel: Bear Unlikely Over & -30% Undervaluation No Steal
As you can see on Trololo chart, period of undervaluation just started, and will likely take a lot longer and go a lot deeper. This would not happen if we have started bull market with recent pump, as we would quickly go into overvaluation again. Always possible as also happened middle 2013 when another bubble started already half a year after previous one, and since potential reward in crypto is so high always recommended to have a minority exposure, but to go to a majority exposure, you want to see many boxes tick off before taking on such big risk, which today is lacking. Check also other indicators still pointing bearish, presented very well in this video: https://www.youtube.com/watch?v=eoAiDEXPV1g
Other links:
https://twitter.com/throwaway82738/status/1114362917187547137
https://twitter.com/marcdemesel/status/1114145360086171648
https://www.youtube.com/channel/UCnwxzpFzZNtLH8NgTeAROFA
Additional Info
- Read full article on: Marc De Mesel
Leave a comment
Make sure you enter all the required information, indicated by an asterisk (*). HTML code is not allowed.
Disclaimer: As a news and information platform, also aggregate headlines from other sites, and republish small text snippets and images. We always link to original content on other sites, and thus follow a 'Fair Use' policy. For further content, we take great care to only publish original material, but since part of the content is user generated, we cannot guarantee this 100%. If you believe we violate this policy in any particular case, please contact us and we'll take appropriate action immediately.
Our main goal is to make crypto grow by making news and information more accessible for the masses.
Our main goal is to make crypto grow by making news and information more accessible for the masses.