BTC - lower high?

[vanzandt]

Trump speaks to the Bitcoin 2024 conference in Nashville on Saturday.

No idea where BTC is heading long term, but if I traded it and it saw a sharp spike Saturday, I'd sell and buy back in cheaper later. It's just like a stock now in that regard near term... insignificant news driven spikes should be sold, and vice versa on news driven drops. And since this one is Trump spouting off, there might just be a nice spike. if you get one Friday in advance, use it to sell.

 

[shine]

100k

Nah, seriously.

If it breaks through up, then it should go there.

I mean, 60k+ is a very high level...

+100k would be the right level for this cycle, especially to keep the narrative.

And, there haven't ever been so many macro economic reasons for it:

Huge ETF volume, regulations coming closer,
acceptance by wast parts of society, as well as politicians...

You could ask if not 24/25, when then...


But that's all speculation.

Bitcoin is very interesting to watch, to be honest. I also think that it has a chance to grow to 100,000, now the only question is when will it happen? Now we see that 70,000 is not a barrier.

 

[The_Krakenite]

Trump speaks to the Bitcoin 2024 conference in Nashville on Saturday.

On the flip-side, it wouldn't surprise me to see more leftist-extremist nut-cases trying to run around with guns again. This could result in a catalyst that causes massive liquidations.