bitcoinPsycho
Legendary
Online
Activity: 2646
Merit: 2414
$120000 in 2024 Confirmed
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April 30, 2024, 12:43:49 AM |
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65K in one hour
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Negotiation
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April 30, 2024, 01:11:35 AM |
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Hehe, I beat you for once brother.
No betting I can say just HODLE BTC and wait so result you are a Billionaire.
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xhomerx10
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Activity: 4004
Merit: 8789
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April 30, 2024, 01:16:59 AM |
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Where is everybody?
Even Chartbuddy is AWOL. Did Buddy get food poisoning or or catch a virus and die.
Maybe it's Macaffee's fault. Or his ghost. Damn viruses.
I was abnormally busy today for some reason:
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xhomerx10
Legendary
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Activity: 4004
Merit: 8789
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Hong Kong Market opens in: Bitcoin is so exciting.
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philipma1957
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Activity: 4284
Merit: 8728
'The right to privacy matters'
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April 30, 2024, 02:29:34 AM |
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Hong Kong Market opens in: Bitcoin is so exciting. any boost in pricing?
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xhomerx10
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Activity: 4004
Merit: 8789
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April 30, 2024, 03:27:08 AM |
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Hong Kong Market opens in: Bitcoin is so exciting. any boost in pricing? I think there was a bit of front-running but then the price dropped a bit. It'll go up
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JayJuanGee
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Activity: 3878
Merit: 11069
Self-Custody is a right. Say no to"Non-custodial"
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I had never seen an actual video on the topic, so that was a nice short and interesting breakdown.
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El duderino_
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Activity: 2674
Merit: 13098
BTC + Crossfit, living life.
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April 30, 2024, 06:57:44 AM |
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So when we go up?
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OgNasty
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Activity: 4900
Merit: 4739
Leading Crypto Sports Betting & Casino Platform
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April 30, 2024, 07:47:07 AM |
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So when we go up? Doesn’t look like the Hong Kong ETFs are going to have a massive impact. At least not immediately. I figured we would at least see Ethereum pop a little as it has a smaller market cap and has no American ETF, but I think the fact that it didn’t shows that there may not be much in the way of inflows coming from Hong Kong.
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somac.
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Activity: 2106
Merit: 1238
Never selling
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April 30, 2024, 08:35:56 AM |
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So when we go up? Doesn’t look like the Hong Kong ETFs are going to have a massive impact. At least not immediately. I figured we would at least see Ethereum pop a little as it has a smaller market cap and has no American ETF, but I think the fact that it didn’t shows that there may not be much in the way of inflows coming from Hong Kong. There was a selloff after the US ETFs went online too, maybe this is a similar thing? Though your explanation seems likely.
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El duderino_
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Activity: 2674
Merit: 13098
BTC + Crossfit, living life.
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Actually I have never seen BTC immediately pump on good news …. Always taking its time
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somac.
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Activity: 2106
Merit: 1238
Never selling
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April 30, 2024, 09:44:03 AM Last edit: April 30, 2024, 10:20:56 AM by somac. Merited by vapourminer (1) |
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Actually I have never seen BTC immediately pump on good news …. Always taking its time
It does sometimes, I specifically remember it happening with the news of Tesla buying some coin, but most times it does not.
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In the silence
Sr. Member
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Activity: 1297
Merit: 294
''Vincit qui se vincit''
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April 30, 2024, 10:41:56 AM |
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So when we go up? There is no other way but up!!
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fillippone
Legendary
Online
Activity: 2324
Merit: 16580
Fully fledged Merit Cycler - Golden Feather 22-23
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April 30, 2024, 11:34:47 AM |
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Hong Kong ETFs proved to be irrelevant, as widely expected. There were some pretentious problaim by issuers about front loading of orders and volumes, but they proved to be inaccurate, to say the least. Just remember that mainland China investors were not allowed to buy those. Also ETH ETF, that were the true novelty of this launch left market unimpressed.
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somac.
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Activity: 2106
Merit: 1238
Never selling
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April 30, 2024, 12:07:10 PM Merited by fillippone (3) |
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Hong Kong ETFs proved to be irrelevant, as widely expected. There were some pretentious problaim by issuers about front loading of orders and volumes, but they proved to be inaccurate, to say the least. Just remember that mainland China investors were not allowed to buy those. Also ETH ETF, that were the true novelty of this launch left market unimpressed. I think what it also shows is that global liquidity just isn't flowing right now. We've probably been lucky to hold onto the price we have. Liquidity will increase again, probably this year, in the meantime though we just have to wait it out.
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BobLawblaw
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Activity: 1865
Merit: 5684
Neighborhood Shenanigans Dispenser
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April 30, 2024, 12:15:28 PM |
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GM
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goldkingcoiner
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Activity: 2212
Merit: 1962
A Bitcoiner chooses. A slave obeys.
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April 30, 2024, 12:30:33 PM Last edit: April 30, 2024, 01:17:56 PM by goldkingcoiner Merited by JayJuanGee (1) |
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60K seems to be the next most likely support level on the weekly chart for Bitcoin/USD. I still believe that selling now is a dumb idea. After that 48.5K - 51.6K slightly likely. And lastly, a bounce from 38K highly unlikely, yet possible. https://www.tradingview.com/chart/BTCUSD/Up1vjifA-goldkingcoiner-s-BTC-Prediction-for-Q2/Edit: I am setting aside some fiat for buying @54k, just in case.
edit: Excuse the lazy and inaccurate line drawing.
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vapourminer
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Activity: 4494
Merit: 4069
what is this "brake pedal" you speak of?
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April 30, 2024, 12:54:14 PM Merited by JayJuanGee (1) |
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Actually I have never seen BTC immediately pump on good news …. Always taking its time
It does sometimes, I specifically remember it happening with the news of Tesla buying some coin, but most times it does not. didnt those 2 fake etf approval tweets, one from some crap online "news" site and one from a compromised government twitter account, also result in instant pumps (and of course immediate dumps when corrected)? and then the real etf approval comes and it drops. yup just btc performing as usual.
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