WTF is now wrong, all cryptos down?
- Thread starter jorge
- Start date
do you realize that ETH and BTC are different classes of assets? it's like comparing company stock and gold
man I want to agree with you but ive been around for long enough to have seen this thing go insane a few times already. never underestimate fomo
INSHALLAH
INSHALLAH
100% from the current movement, where a correction of 10-15% is long overdue, is very unlikely. From a psychological point of view alone, as retail investors see “bitcoin is at 120k – damn, I missed everything, where can I still get something?” I see the cycle top of btc between 140-160k, but before that, as I said, there will be a correction, as all markets have overheated.
Over the last two weeks, the interest rate cut has been widely priced in, with speculation yesterday that it would be 50 basis points. Today's economic data points to rising inflation in the future.
BTC pump from 74k and ETH from 1.3k without any real correction. Like traditional markets, these have also overheated.
remain my words, the Federal Reserve meeting in September will be a “sell the news” event (at the latest). As I said btc cycle top 140-160k
retail doesnt matter? Sir,︀ the retailers are financing the party, everytime.
BTC pump from 74k and ETH from 1.3k without any real correction. Like traditional markets, these have also overheated.
remain my words, the Federal Reserve meeting in September will be a “sell the news” event (at the latest). As I said btc cycle top 140-160k
retail doesnt matter? Sir,︀ the retailers are financing the party, everytime.
That Wick was such an obvious fake flush
He torched 100m just to be CT main character for a week .. what a dumbass
He torched 100m just to be CT main character for a week .. what a dumbass
dw brother I was like you back in the︂ day, youll realize one day how much bs you are saying.
Now watch the number︃ go up
Now watch the number︃ go up
You obviously don't understand that prices are rising because the interest rate cut is being touted and, above all, that it is now being speculated at 50 basis points.
I am, indeed, 50IQ
not only I dont understand interest rates, i go much deeper than that.
I dont give a single flamingo.
250k
not only I dont understand interest rates, i go much deeper than that.
I dont give a single flamingo.
250k
I am aware that Saylor is buying for the long term, and he won't care if the institutional investors sink him. He has a long-term goal, which will work out, but once the cycle peaks and the sell-off begins, he will have difficulty raising new capital (as much as he is raising now) - Perhaps you didn't know, but he buys OTC, so his purchases have no impact on the market....
I'm not saying that bitcoin won't rise in the long term, but the market consists of short rises, long sell-offs, and very︀ long sideways movements. Just look at the movements of the crypto market and traditional markets,︁ and you'll see that a correction is necessary for another healthy rise.
Doubling the current︂ price in this cycle is “to the moon” nonsense, which is unrealistic for this cycle︃ simply because of today's PPI data.
But let's talk again after the Fed meeting in︄ September or when the cycle peak is in.
I'm not saying that bitcoin won't rise in the long term, but the market consists of short rises, long sell-offs, and very︀ long sideways movements. Just look at the movements of the crypto market and traditional markets,︁ and you'll see that a correction is necessary for another healthy rise.
Doubling the current︂ price in this cycle is “to the moon” nonsense, which is unrealistic for this cycle︃ simply because of today's PPI data.
But let's talk again after the Fed meeting in︄ September or when the cycle peak is in.
