U.S goverment selling 30,000 coins.
Barry Shillbert still selling.
Low ETF inflow.
Fake Hong Kong ETF pump.
World war 3 fearmongers. (nonsence)
Bullrun not happening anytime soon in fact it will drop below $50k is more plausible.
I think that the odds are less than 50% (perhaps even below 44.44444%) that it will drop below $50k... but yeah, I am not giving any ringing endorsements.. we would have to drop back below no man's land first.. which seems to be right around $55k - and so far, ever since flying from $53k to $60k-ish in a matter of 2.5 days-ish - we have not really looked back.. and yeah, so far we have had a couple of bouts with the upper $50ks, and sure maybe that will end up getting broken... but I am hardly having breaking below $50k as any kind of a base case.. even though surely it could end up happening.
[edited out]
Yes. You forgot that the goxcoin news will probably cause a dump also.
However, I hope if enough people are bearish the market will go up
What is the Goxcoin news? They are issuing their coins or they are not? What is the news, and why would it affect BTC prices? A bunch of nothing burgers and add them all up and get more nothing burgers? Is that what we are talking about?
Or just more bullish people who can see through whats not important and just act on what is obvious.
I actually have never second thought about goxx for whatsoever re distributing to hodlers.... whats wrong with that?
*BTC leaving the rest behind it seems...
Oh? So they are not going to issue the coins? Is that the news and/or the latest rumor?
Well if we dip I'll have to go back to work I guess....
Oh?
What is your go back to work price?
The 200-WMA is still going up at close to $40 per day.. and currently at $33,500-ish.