philipma1957
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'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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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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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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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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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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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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Actually I have never seen BTC immediately pump on good news …. Always taking its time
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somac.
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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
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''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
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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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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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April 30, 2024, 12:15:28 PM |
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GM
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goldkingcoiner
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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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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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somac.
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Never selling
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April 30, 2024, 01:22:28 PM |
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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. Yeah, think I remember that.
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JimboToronto
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You're never too old to think young.
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April 30, 2024, 03:09:52 PM |
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Buddy, Buddy. Wherefore art thou Buddy?
Richie? You didn't murder our premier WO contributor did you?
Hopefully he's just been busy working on his tax return.
I sure hope he's OK.
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xhomerx10
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April 30, 2024, 03:17:02 PM |
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Buddy, Buddy. Wherefore art thou Buddy?
Richie? You didn't murder our premier WO contributor did you?
Hopefully he's just been busy working on his tax return.
I sure hope he's OK.
As far as I can tell talkimg seems to be back to normal once again; Buddy should wake up soon.
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JimboToronto
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You're never too old to think young.
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April 30, 2024, 04:05:51 PM |
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As far as I can tell talkimg seems to be back to normal once again; Buddy should wake up soon.
Thanx. That explains Buddy's absence. Now what about everyone else? This place is like a graveyard.
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Hueristic
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Doomed to see the future and unable to prevent it
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April 30, 2024, 04:19:02 PM |
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As far as I can tell talkimg seems to be back to normal once again; Buddy should wake up soon.
Thanx. That explains Buddy's absence. Now what about everyone else? This place is like a graveyard. /Lurk Mode
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