Will bitcoin rebound from $20K now?

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JohnnyDoe said:
Nice to see btc falling to zero and below clow#¤%
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As you know i trade on prices.It doesnt matter which way it goes .I think my shorts will again get stopped out at 22500.Getting whipsawed is not something great but cant do anything have to play by the rules of speculation.If it goes beyond 24 k i will be long again.
 
JohnnyDoe said:
Nice to see btc falling to zero and below clow#¤%
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IMG_1541.webp
 
Golden Fleece said:
It is rising because the stock markets are rising. It will fall when the stock markets fall.

Bitcoin failed as an alternative everyday currency. It failed as a stable store of value. It failed as an inflation hedge. It failed as an alternative investment that is not correlated to other assets.

Now, the world patiently waits for its next failure.
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This didn't age well...

369 said:
bitcoin is testing the bottom of an ascending channel.
It will high probably test one more time the top of the channel at arround 28k before breaking down to 4.5k
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lol

369 said:
Btc is a marketing gag to implement CBDC's .
Greed is the best factor to disable logical thinking and gain mass traction
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Which only means that BTC is bound to be pumbed to help CBDC along. You're welcome to miss out on the gains for ideological reasons tho

Last edited: Aug 23, 2024
 
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