Bitcoin Price Thread
- Thread starter Magna
- Start date
Looks kinda toppy on the 3D btc chart... could drop IDK.. 35k, 30k$ish?
Volatility has been so low lately, we tend to get complacent and then it hits you.
I might also be delusional so anyone is welcome to provide their opinion
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Yea, we've been range bound for a while now, but I think we'll break to the upside when it gets out of this range
I posted a video of Willy Woo and Peter McCormack wherein they discuss this bitcoin bull market. All the demands that we're seeing from the new players, i.e. Institutional Investors, HNW, retail, they provide a price floor and the price that we see on the chart is usually 15-30% higher than this price floor.
When it gets to the 30% level (top of the range) sell/short, when it gets to the 15% leve, bottom of the range, buy the dip. You can watch the video and see if I misunderstood it
The price floor buyers are termed "Rick Astley" since they will never let us down
Bitcoin will keep increasing in value. Everytime is the right time to invest in it.
Waits patiently for johnarb.....Hello bitcoin $60k...$61k
Yea, I'm waiting for $63K, bitcoin already conquered $62K on the last run a few weeks ago
1B of tether is huge amount, but related 1T btc market is nothing,
Do you understand the concept of volume? Small amount of traded volume could affect the price. BTC price is basically set by tethers. It took 200 mil per day to get us to 60k and 1 billion per day recently to break previous ATH.