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largepetrol
Feb 23, 2024 9:04 PM

BTC views Long

Bitcoin / U.S. dollarBitstamp

Description

seems too many folks are looking at btc very optimistically. not saying the 2020 covid wasnt a black swan event, but there could potentially be another before higher highs. doesnt have to happen, just an idea
Comments
MyCryptoParadise_Nathan
Thanks for the detailed explanation.
largepetrol
@MyCryptoParadise_Nathan, just a thought!
Crypto_Dogg_
For this to happen we would need a Black Swan event to happen like in 2020 (covid). Not sure if we will get that this time around. especially now after the BTC ETF. Since BTC ETF is out. you can forget TA. This thing is going to rocket to ATH.
arvine11
@Crypto_Dogg_ its happening soon...
largepetrol
@arvine11, well see!
largepetrol
@Crypto_Dogg_, its true covid was the catalyst that sent it so low back in 2020, however the levels were there, and they continue to be there. dont necessarily need a black swan event.

when it comes to the ETF, remember all this means is that the banks/ nation states control the price of BTC, have a look at what happened to the price of gold once they took control..... they can surpress it as they please and use it as political leverage now.... be careful
Crypto_Dogg_
@largepetrol I hear ya I just don’t see that happening right now or ever actually. But thanks
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