@DonaldJTrumpJr We should unwind politicians massive net worth that accumulated while in office. Also make it retroactive. Any fraud, also retroactive.
@MerlijnTrader Uhhh we are at 70k, sellers were rewarded with a +100k BTC. If trend changes ride the wave again, if technicals and history continue, reload lower.
Don’t over complicate it, man influencers push hopium to keep getting clicks. Build a thesis and trade it lol.
VIX is barely at 20, broad market is still sitting near ATH's, $ looking up, BTC struggling to pierce 70k...
Much more damage ahead. $60k is the first entry, 50k and load up at $40k. Spot exposure and as we go down buy crypto equities farther on the risk curve.
#bitcoin#Crypto
@cryptofergani There might be a bounce but if the broad market shows any weakness, down btc goes. I think $60k - $40k is very likely. $40k was ETF debut and would still be a reduced drawdown from prior cycles of 70-80%. GLTA.
@Vivek4real_ Treasuries are in trouble, those that are less credit worthy will be forced sellers with probably a few surviving a total bear market.
Remember broad markets are still ATH’s, those turn down BTC will tumble with it.
I’ll buy DATs at the bottom of the bear. GLTA. #Bitcoin
@JamesWynnReal You were so convinced of a rapid decline to 45k BTC. Market pumps a little and now you’re mega bullish next leg up. Now you predict short term flush… pick a trade thesis and stick to it. You portray yourself as just another crypto bro.
BTC is headed to 60k this year, bear mkt.
@0xChiefy It’s possible but remember there was massive defaulting of crypto companies last cycle bear pushing everything down.
I definitely think we can go down especially if republicans lose ground in mid terms but that is later in the year.
2026 outlook for #bitcoin hasn’t changed. Looking for $60k as a first entry, additional entries if we do 50k and all in at 40k. I think 60k could be a great level to accumulate but a black swan could send us lower. Who knows but that’s my game plan.
See you on the bid.
@MerlijnTrader@MerlijnTrader pick a trade thesis and stick to it man, lol. Bear will likely head to previous ATH so $60k range, that’s 50% drawdown from current cycle high. Diminishing returns maybe bottoms, maybe flushes to 40k but that would be rock bottom unless black swan imo.
@DeFiMidas BREAKING… in 2024. Man these wack influencers will push anything for engagement. Keep it real.
Pic a trade thesis and trade it. Can’t be mad if you made a solid plan and it went wrong or right.
See you in the bid at $60k