Is the crypto winter over?

johnarb · Jan 20, 2023

I should not have sold my swing-trade position earlier

Fomo back in at $22,321 for the swing-trade position. Still struggling with noob trader mistakes, will find a balance somewhere

semperfrosty · Jan 20, 2023

johnarb said:
Actually think bitcoin is more correlated to the Nasdaq tech stocks. Many tech bros are also crypto bros "investors"

After the market closes, these tech "investors" degenz will want to continue the gambling high and may push bitcoin even higher

View attachment 304251

Great call!

My chart shows a significant spike from about 20 minutes after this post.

schizo · Jan 20, 2023

schizo said:
Alright, this thing is off to the races.

WTF?? We've already moved up another 350.

semperfrosty · Jan 20, 2023

schizo said:
WTF?? We've already moved up another 350.

Yeah they are all on the move!

As Des said in another thread,the discounting of the Gemini news is significant for this market.

johnarb · Jan 20, 2023

The Genesis and Gemini news last night was a very positive news as I said

Bitcoin is testing its NGU tech if ok to deploy. Once we get above $27k, should be very interesting

schizo · Jan 20, 2023

schizo said:
I think tomorrow will be a make or break day. Either it breaks out above 21600 or break down below 20000.

Well, I guess I did get one thing right for today.

semperfrosty · Jan 20, 2023

schizo said:
Well, I guess I did get one thing right for today.

semperfrosty · Jan 20, 2023

semperfrosty said:

schizo said:
Well, I guess I did get one thing right for today.

Where do you see next resistance? Based on recent trajectory,roughly?

madein212 · Jan 20, 2023

After so many people got burned with the FTX collapse and regulation looming on the horizon, I'd be careful investing in crypto until the smoke clears.

semperfrosty · Jan 20, 2023

madein212 said:
After so many people got burned with the FTX collapse and regulation looming on the horizon, I'd be careful investing in crypto until the smoke clears.

Hey mate,

Welcome to ET.

Valid opinion.

Keep doing your research.

There is a school of thought that says that regulation is positive for the crypto space.

Please keep updating your thoughts.Different perspectives are important.

Best of luck to you.

Cheers,