Is the crypto winter over?
- Thread starter schizo
- Start date
Blue chips down 5-10% at the same time.Something going on? First time we havent bounced straight back from a drop in a while.
Was there any truth to the Tesla BTC rumour in the end?
Unfortunately, none whatsoever
Tesla earnings released today, they did not buy more bitcoins but they also did not sell any of their bitcoins
I don't know if there was any bad news that caused the downturn, but there was an article about Coinbase leaving the US if they don't get any clarity on the US regulations wrt to cryptos
The other day, the bad news was Bittrex being sued by the US regulators but btc bounced back above 30k, this one may take longer
There was also Coinbase news that they secured a license from the Bahamas to operate an exchange as early as next week. Probably a perpetual futures exchange. Perps are the future of crypto trading but I'm biased, lol
Meme coins psychology is difficult to understand for outsiders, but anyone who's been around cryptos for a while have seen this before, it's just about the purest form of speculation. No fundamentals or use-case whatsoever
NGU and fomo on steroids. Very similar to other crypto bubble manias that occurred with NFT's, bored apes, crypto punks, et al
Pepe is at all time high right now as I'm posting this... There's a bot on Pepe telegram channel that tracks the big buys and it's a frenzy
A price going higher begets more buyers begets higher prices... for how long before it crashes? idk, but $155M market cap and Doge is over 12B and so Shiba Inu over 6B. This could go on for a little bit longer
NGU and fomo on steroids. Very similar to other crypto bubble manias that occurred with NFT's, bored apes, crypto punks, et al
Pepe is at all time high right now as I'm posting this... There's a bot on Pepe telegram channel that tracks the big buys and it's a frenzy
A price going higher begets more buyers begets higher prices... for how long before it crashes? idk, but $155M market cap and Doge is over 12B and so Shiba Inu over 6B. This could go on for a little bit longer
Just wanna let y'all know that my long got filled at 28.8 K. (I actually shorted from 30.2K, but didn't wanna be at the receiving end of John's wrath, so sorry)
Anyway, let's hope we go all the way up to 33K from here.
patience of a saint!
well played!
Just wanna let y'all know that my long got filled at 28.8 K. (I actually shorted from 30.2K, but didn't wanna be at the receiving end of John's wrath, so sorry
Anyway, let's hope we go all the way up to 33K from here.
Sorry also for being negative when you short
Btc to 33K!
Stopped out at 28.3K. Will see how it goes before I jump back in. Frankly, I ain't too sure about this one. Something tells me this can correct more to the downside. Fingers crossed for now.