FUCK OFF with this institutional FUD.
This is the wrong place to push that line.
I was thinking something similar, and the fact of the matter is nearly all markets reacted in the negative, which just shows a kind of stupidity of the markets, while at the same time, we might see what happens in the coming days and over the weekend in terms in which whether more developments might take place or not.. ..is King daddy going to go along with some of this or not.. At some point, King daddy is not going to go along with it, but there will be some lame-ass explanation about why king daddy is not cooperating.. blah blah blah..
Yeah, it falls under the repeat something enough and people start to believe it heading and that's the last thing we need here.
Thats all part of the Scumbag bankers plan and retards fall for it all day long and become part of the echo chamber.
Lets never forget they told us what their plan was.
Actually, many of us do not mind if some of the mainstream bullshit is repeated in this thread, but then if any of us are spouting out mainstream bullshit, then we better be attempting to employ some kind of critical thinking, and I am not going to blame anyone for getting some of the critical thinking wrong if they at least try to analyze some of the information rather than just spouting out something that we could read in any mainstream propaganda piece.
Also, one factor analysis tends to play out quite incompletely, and sure we might have some things like that fed chair diptwat's proclamations affecting the BTC price direction, but to assert the matter as if it were the ONLY thing going on can be quite irritating.. so we know that there might be some market moves that will pump and dump around these events, but the mere fact that a dump took place does not tell us very much beyond perhaps an ongoing attempt to use whatever amount of propaganda or bullshit to push the BTC price down as far as is possible and to keep it down as long as they can. however, still does not mean that they are going to be successful even though some weak hand newbies might sell their coins or even enter shorts at these prices.. which may or may not end up working out.. good luck with that.
Someone's working real hard to make the chart look as uglier as possible... on literally every timeframe.
Is it going to work, boss?
Is the 200-week MA going to start to serve as resistance rather than support?
that would be something, no?
FUCK OFF with this institutional FUD.
This is the wrong place to push that line.
Take it positively. Bitcoin's bloody season makes investors rich. More opportunity for DCA.
Cheap coins, right?
What if you run out of money to buy, then what?
Also, do you realize that the shorter the time that you have been in bitcoin the more thrilled that you are likely to be about the "cheap coins?" Does your forum registration date reflect when you got into BTC? January 2022? That would ONLY be around 8 months, no? Maybe you been in longer or not?
We will see what happens.. Surely, I have not been enjoying buying all the way down from $35k in early May... but yeah, shit happens, and there has been some opportunties to attempt to recover from the May 2022 to June 2022 down below $35k and hitting $17,593 in mid June... but still how much preparations can be made? Guys with decently strong cashflows are also likely to continue to accumulate in times like this too, but some of the doubling or so in prices
(maybe everything is not doubling, but it seems as if things you need are likely doubling.. hahahaha) in recent years is likely causing some folks to run out of some of their cashflows...
And yeah there are at least some methods to figure out ways to attempt to make the ongoing dippening to be less stressful... but at the same time, there seems to be red in a lot of sectors.. if not most sectors, and bitcoin is not completely immuned from any of that in the short-term.. and also it is not easy to be cheery in regards to these negative price matters, including that we seem to be staying below the 200-week moving average way longer than any time in history.. and I am not even going to concede that it is sustainable to stay at these prices.. but if the BTC price goes down (like it is), these dynamics can cause some additional cascading events including some of the miners who have been on the edge of collapse..and the hashrate going up at the same time.. .. and really I would hate to be buying BTC at $13k or whatever, even though there may well be some newbies who are quite thrilled to be buying BTC at those kinds of "bargain" BTC prices, if they are to happen, and they may well not happen in spite a lot of dweebs proclaiming that we are likely to get those price levels...
and even the hopium in Ethereum and their fucking up their hardfork bullshit may well end up drawing the Ethereum (as well as BTC) price down for a period of time to shake those 14-year old snot-nosed ones from their shitcoins (referring to ethereum and a possible additional drag on BTC.. possibly.. but the direction of BTC's price in reaction to ETH shenanigans is not even clear)... so yeah.. how much money do any of us have to buy BTC or are we going to just need to go into HODL mode at a certain point? You seem to have some money since you are coming off as "so cheery" about this DVlog.
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