Breakout to the upside coming, $50,000 is the new normal. Bears failing to take us lower & keep us there. Explosive breakout coming in the next 2 weeks. Looking at range of $65,000 to $75;000.
There goes my plan to buy more at $40,xxx
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Looks like it lost a booster at the end there.
It lost even more a short moment thereafter (once landed)
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The average relationship
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The question about the arrow of time is fascinating.
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There seems to be general consensus that the relieve bill is too much and will overheat the economy. Cueing Bitcoin inflation narrative 3 .. 2 .. 1 ..
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I'm afraid I just pulled the trigger on a 2nd hand station wagon (the Alpina has to wait). Most expensive car I ever bought but way less than a Lambo. I expect to drive it for 10 years at least. I am cautious not to flash wealth too much. Some people may get the idea that Bitcoiners are super wealty and an easy target (no Bitcoins stored in a bank but at home). And I don't really like to own expensive stuff (at least: more expensive than the top 10% in a country owns; still good but not uber rich with Bentleys, mansions and stuff). I am happy this way. And that won't change if Bitcoin goes to $288k.
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[...] Will Bitcoin crash with the market or will Bitcoin be seen as a hedge. [...]
I think it's still a risk asset so it will tank together with financials. But it will shoot back up again and surprisingly fast. Just because the FED raises interest rates does not mean there will be no (long term) inflation anymore. I would consider this one of the ultimate buy the dip moments that Bitcoin has 1 to 3 times a year.
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Indeed. The suits are losing control of their favourite tool: money.
This will be a historic event.
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The squeeze is getting tighter indeed. When daily $10k candles?
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The best traders have no bias (in their trading tactics). They are just as happy with price going down as going up.
They are flexible and never go all-in.
They ride the price wherever it goes.
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Haha, WSB degenerates at their best
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Watching $48,500. If we go over that decisively, it seems the correction is over.
but but muh maths and sciences.. im not done panic buying yet! Don't worry about math & science. They've been taken care of by the Proud Honey. Picture of why I consider $48,500 important: https://i.imgur.com/l3FqiXF.pngthen we are currently so through your 48,5k ... Bam! Good, that’s what traders would like to see. Conviction.
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Watching $48,500. If we go over that decisively, it seems the correction is over.
but but muh maths and sciences.. im not done panic buying yet! Don't worry about math & science. They've been taken care of by the Proud Honey. Picture of why I consider $48,500 important:
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Watching $48,500. If we go over that decisively, it seems the correction is over.
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I’ll buy at $40,xxx. If not, no sweat. I can handle Bitcoin price rising.
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Hi, a long time without publishing here, for my part everything is fine, but with many open fronts in work life, I hope to return soon when everything stabilizes. Hugs.
Good to see you around.
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