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No pre-halving pump, price actually dumped. Should we expect the price all the more to explode in price following the halving?
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Halving, 2012: Neat!
Halving, 2016: Let’s have a pizza party!
Halving, 2020: Let’s shut down the global economy, inject trillions of dollars into the money supply, rev up QE infinity, and direct deposit $1,200 in every American's checking account 3 weeks prior to block 630,000!  https://twitter.com/bitstein/status/1243154672103219200 |
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Thanks for the merits bob, getting closer to Hero!
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Drudge report has gone down hill looong ago. Its basically filled with MSM links and knocks trump every chance they get.
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Its good to visually see the magnitude of CB printing. Buckle up. Federal Reserve to print $6 Trillion
European Central Bank to print €1.1 Trillion
People's Bank of China to print ¥2.8 Trillion
Bank of England to print £200 Billion
Bank of Korea to print ₩11.7 Trillion
Bank of Japan to print ¥12 Trillion
This is why bitcoin was created. https://twitter.com/Vis_in_numeris/status/1242584345107406849 |
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I'm ready for $10,000+ and a sustained up movement with expected pullbacks along the way.
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49 days till halving and this price action sucks!
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This was one of the comments:  |
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This was a high volume capitulation, mindrust was sacrificed (we still love you bro#nohomo). Once the money printing/easing gets into full swing, coronavirus dies down, we''ll be off to the races. New ATH incoming, bull run for the ages.
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Problem is I couldn't. My problem was buying too many dips recently. I was casually throwing $5k's. That was a huge mistake and was the main panic trigger for me.
Combined with that, what we just witnessed never happened before in the history of crypto If I am not wrong.
You are right. That move was a first for crypto, and it is worrysome. It could be an indicator (much as we don't like it, deny it) that the market/trend has changed in some fundamental way. For me the real negative sign was the failure, in an exponential spike, of 13500 and 10500 (twice), BELOW the ATH. That had not happened before. Exponential rises to ATH are temporary exhaustions, but below (in TA) signal long bear trends. Of course, there is the argument that BTC is not like other markets, but with this move in lockstep with stocks etc, it is looking more like BTC has matured . Now lets hear the bull case. Plustoken scam coins were dumped at critical levels and painted the tape. Their coins will run out but the bastards still have quite a few left. |
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When we hit new ATH's it won't matter much if you got in at $4000 or $5600.
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You cant make rookie mistakes this deep in the game!
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In 2015 we retested $160 and that really sucked! It looks like it can retest January 2019 lows.
Edit: Also, capitulation.
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Everything is fine, halving in two months. Whales shaking weak hands.
Oh stop it with the bullshit already. HALVING THIS HALVING THAT. This is obviously due to the corona panic, just like in every other market. Human panic is unpredictable. We could see Bitcoin go down to three digits, no problem. Halving is not going to do squat at the moment. People have only started panicking. We are not even in the eye of the storm yet. Yes, but when this virus thing blows over in a few weeks or a couple months, the price will explode that much more. This is just adding more fuel for the fire, its going to be epic. |
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I don't like this but what are you gonna do!
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