@slurpxbt Also Bitcoin’s price after the event will be very telling imo.
I think everyone is expecting good news, so pump the rumor and then dump the news.
@slurpxbt TA-wise I would short too here, but since the Bitcoin Conference is tonight with Elon, Jack and Cathie Wood I think today might not be a good idea to be actively trading.
Personally I think this could pump and then dump after the event.
@HsakaTrades In my opinion the most important thing about this is too see how the price of bitcoin reacts after the conference.
If they say something neutral or bullish and price dumps after, hello bear market.
While everyone is getting excited for a LTF squeeze, HTF nothing has changed.
This is probably running up until tonight’s event with @elonmusk , @jack and @CathieDWood.
The most important thing is to see how price reacts after the event.
While everyone is getting excited for a LTF squeeze, HTF nothing has changed.
This is probably running up until tonight’s event with @elonmusk , @jack and @CathieDWood.
The most important thing is to see how price reacts after the event.
@Bloqport@Bloqbot Sorry for the incoming dumb question, but does a $18 billion valuation mean FTX as a company is worth $18 billion in market cap? Which would be like a 7x from here? 🤔