Bitcoin to pump to $64k this long weekend and then I'm still looking for it to dump to $51k-$45k, which might be the bottom. Although I highlight a few possible bullish signs on the chart today that could counter that.
@dr00ve@scottmelker Rage bait. It’s all about engagement, so that you comment on someone’s post, then I comment on your post and so on. We can stop some of this by ignoring, but it works so people will keep doing it.
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The AI buildout is absorbing capital at historic scale, creating temporary pressure across global markets. That does not weaken Bitcoin. It strengthens the case for scarce, liquid, digital capital. Bitcoin remains the premier asset for the long term. $BTC
If BTC wants to avoid sliding further towards $51k - $45k then it NEEDS to really RIGHT NOW! Otherwise the weekly chart will print a WILDLY bearish candle.
Bitcoin Mid term Analysis: We're going to retest our previous lows of $69k - $60k (I've held this opinion for months)
Bitcoin short term analysis: Lose $72k and we head straight for $69k
Bitcoin Mid term Analysis: We're going to retest our previous lows of $69k - $60k (I've held this opinion for months)
Bitcoin short term analysis: Lose $72k and we head straight for $69k
Well said.
Whether you believe Bitcoin or some other crypto is the answer, one thing for sure is this current monetary system is broken and unsustainable.
@RosellaStrang Even if this passes, I hope companies would continue to report quarterly. I would view any company that chooses not to as untrustworthy, and I wouldn’t invest.
So what separates disciplined investors from reactive ones?
- They don’t treat price action as a data source
- They form an intrinsic value estimate before prices move
- They buy on bad days, not good ones
- They defend their timeframe — if the horizon is 5 years, 5 weeks is noise
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