Chinese miners crackdown, energy FUD, Goldman Sachs shorting, stock market tanking and dragging Bitcoin down with it.
Crazy how sentiment changed so quickly.
Is goldman shorting bitcoin?
I was the one who deleted it to spare negativity.
This sucks but we can't do nothing about it besides waiting for the rebound. Saw great indicators it wil happen but it has been postponed for now.
I would go with the longer the sideways and delay, the higher the next ATH. If we turn bullish now, I am sure we be stuck at 60k again. Bitcoin has to become boring for some time. Hope is September to take momentum again. But would be even better to resume parabolic bull market next year. Have to wait another year for 1 BTC = 1 Aventador.
I have my doubts any time that I hear that king daddy has to do x, y or z..
king daddy has to go down before up
king daddy has to go sideways for a while
I doubt king daddy gives too many shits, and it could be that if there are enough peeps betting on DOWNity or even sideways
(sideways betters are not very good in terms of leverage betting), then fuel might start to exist.. but whether such fuel would be used might be another question...
More purgening of shitcoins, anyone? Don't know? Do shitcoins have pep in their step? Sure some of them do. Don't know how it connects, but sometimes the purgening of shitcoins could be an additional irritating factor that is wished to be less of a consideration..
It's quite sad that Elon tweeting about bitcoin and tesla accepting bitcoin for their cars had a bigger impact on price than a country turning it into real currency, like wtf.
To be honest, many people don't regard El Salvador et al as a real country.
Yeah right.
Let's ask Arriemoller for a representation regarding what "many people" regard.
Probably the last person I would ask, if I wanted anything close to accurate.
I am not sure if we are still in a bull or bear-a coin toss.
hahahaha
Yeah what else is new.
You have been unsure if we are in a bull market or a bear market like forever.
It's like you ongoingly push bear nonsense talking points but act like you want the BTC price to go up.
It's your schtick and sooner or later you are surely going to be right.
This market cycle was characterized by two front-running (that were ahead of S2F) waves of 2019 and 2020-2021 .
Maybe they are now front-running the bear earlier than expected.
Front running of the bear market is surely a plausible possibility, but it still is a minority likelihood in the whole scheme of things, so hopefully you and udder peeps are not failing and refusing to pee pare ur lil selfies for UPpity because you are assigning too high of odds to such a scenario that you are wishing for (while saying that you are not wishing for it).
TL;DR A coin toss between a bull and a bear;
There's no fucking coin toss, you dweeb.
We are in a bull market.. until we are not... and currently we are in a bull market.. so get over your coin tossing nonsense, you tosser.
I will note that I proclaim 50/50 assertions on a very regular basis in regards to short term BTC price direction, but that is not the same as proclaiming that it is 50/50 regarding whether we are in a bear market of a bull market.. because if you are proclaiming bull/bear market to be 50/50 then you are failing/refusing to give proper weight to ongoing and currently valid BTC prediction theories of stock to flow, 4-year fractal and exponential s-curve adoption based on metcalfe principles and networking effects.
raised funds from alts, ready to deploy to bitcoin (at least 90%) when I am ready. If current bear reverses back to bull soonish, then I will ladder to the upside faster.
Does not hurt to have some fiat. Each of us would likely benefit by always being prepared for either BTC price direction, and surely sometimes we are going to come to differing assessments regarding the circumstances to deploy our fiat and how much to deploy under varying scenarios that may or may not end up playing out.