The World Cup happens right before the IPO of spacex, followed by numerous other IPO’s. What are the odds the stock market crashes throughout the World Cup and it was all planned for it to happen during that time where most are distracted? Let me be the first to tell you, 100%.
The DXY is damn near at 100. Recently trump said he wants to take care of Cuba. Tie that with inflation rising and most likely no rate cuts this year. No surprise if the dollar remains strong.
$BTC was hovering around 75K on May 23rd, it’s down 17.50% since. I understood most of the drawdown would happened the next 2 weeks. Others were telling you buy, we’re about to reverse, ignored etf data and macro conditions, let alone never talk about risk management.
The DXY is damn near at 100. Recently trump said he wants to take care of Cuba. Tie that with inflation rising and most likely no rate cuts this year. No surprise if the dollar remains strong.
Inflation, DXY, and Oil keep on having higher floors. $BTC etfs unrealized losses break even around 82-83k and they’ll have to cut those losses. All this should make you reconsider if we’re going higher.
$BTC was hovering around 75K on May 23rd, it’s down 17.50% since. I understood most of the drawdown would happened the next 2 weeks. Others were telling you buy, we’re about to reverse, ignored etf data and macro conditions, let alone never talk about risk management.
$BTC was hovering around 75K on May 23rd, it’s down 17.50% since. I understood most of the drawdown would happened the next 2 weeks. Others were telling you buy, we’re about to reverse, ignored etf data and macro conditions, let alone never talk about risk management.
“Yo why is $BTC going down”
Well over half of bitcoins fuel comes from the dollar weakening. The dollar has only been strengthening which is pushing bitcoin down big time.
“Btw expecting most of the drawdown to happen the next 2 weeks,” look what $BTC is doing now. 99% of people you follow pay attention to anything else but etf data, macro conditions, and the broader economy. Sucks that people feed into their ai and no brainer posts.
@WatcherGuru They gave us “good news” while dumping behind our backs but I’ve seen it coming and warned people many times. Unfortunately many are naive following such “influencers” that love to glorify but never tell people the actual truth.
@WatcherGuru They gave us “good news” while dumping behind our backs but I’ve seen it coming and warned people many times. Unfortunately many are naive following such “influencers” that love to glorify but never tell people the actual truth.
“Btw expecting most of the drawdown to happen the next 2 weeks,” look what $BTC is doing now. 99% of people you follow pay attention to anything else but etf data, macro conditions, and the broader economy. Sucks that people feed into their ai and no brainer posts.