![\"The](\"https:\/\/www.tradingheroes.com\/wp-content\/uploads\/baseball-cap-chart-pattern.jpg\")
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As I write this, Bitcoin has just hit $18,000 for the first time. Crazy right?! This is when I believe that the word \u201cbubble\u201d starts to become very relevant.<\/p>\n
The office manager at your job, your neighbor and your hair stylist are now going to start talking about Bitcoin, if they aren't already.<\/p>\n
\u2026.wait for it\u2026.wait for it\u2026<\/p>\n
We saw this in the dot com boom, the real estate boom and every other bubble in human history.<\/strong> If you don\u2019t believe me, read the book\u00a0Extraordinary Popular Delusions and the Madness of Crowds<\/em>, which can be found here<\/a>.<\/p>\n But isn\u2019t this new blockchain technology here to stay?<\/p>\n Certainly.<\/em><\/p>\n However, just like the tech companies of the dot com bomb, a large majority of cryptocurrencies out there will not survive. A lot of them have no product and are just jumping on the bandwagon to make a quick buck on an ICO.<\/p>\n So how can you protect yourself and still try to maximize your profits?<\/p>\n I believe that one of the keys is to wait for the Baseball Cap chart pattern<\/strong>.<\/p>\n In this post, I\u2019ll show you why it works, when it will probably stop working and I\u2019ll share with you my own personal experience that has led me to use this pattern.<\/strong><\/p>\n[toc]\n It\u2019s called a Baseball Cap because it looks sort of like the top of a hat and a bill.<\/p>\n Like this example in Litecoin<\/a>.<\/p>\nThe Baseball Cap Chart Pattern Explained<\/h2>\n
![\"Litecoin](\"https:\/\/www.tradingheroes.com\/wp-content\/uploads\/litecoin-1.jpg\")
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