BTC - Dead cat bounce today - Selloff continues on Tuesday

[RedSun]

Question, what price should Bitcoin priced at ? What is the intrinsic value?

How about the value of TSLA?

 

[Pekelo]

• BTC
• Dead cat bounce today
• Selloff continues on Tuesday

I vote for D.) It does whatever the markets do.

And the markets follow Putin's actions.

 

[maxinger]

No matter how the dead cat bounces,

it is still in the bear channel.

 

[vanzandt]

BTC is up 3% and the futures are dropping nicely.
Bottom might just be in.

 

[johnarb]

I vote for D.) It does whatever the markets do.

And the markets follow Putin's actions.

If Russia invades Ukraine, the stock market will absolutely go nutso!! to the upside!! and bitcoin will follow...

Economy is dead because of Covid

Remember what happened when the Iraq war started

I absolutely DO NOT WANT A WAR!!

Please, let's all hope and pray there is not a war!!

 

[The_Krakenite]

I was wondering on the weekend if 2400 was a false-bottom. After the cat bounced from below that this morning, I switched from shorting back to long on ETH.

It is interesting, since Friday (two market trading days), I switched from Longs to Shorts and then back to Longs again!

I am well aware this may be bull-trap forming... but on the other side of the argument, the weak hands already ran away (or got liquidated), and there is only so far ETH is reasonably expected to fall, can't be in free-fall forever.

 

[Swiss_cheese]

$30k incoming.....

 

[The_Krakenite]

We shall see. It's 6 am here, and the heatmaps show crypto all full Green and Dark green across the board at the moment. Except for the rare shitcoin like LEO, etc.

BTC/ETH up almost 9% the last 24h.