Just a short term speculation and very possible. With SL of 45k$ has a very good risk reward ratio. Crash to 7600 in mid term very possible since almost everybody who can possibly buy BTC already bought. With recent short term pump people are speculating irrelevant from the fundamentals which is nobody left to continue the chain and bitcoin worth exactly nothing because anybody can copy it and make its own like BCH. The fact that BCH has such value proves that majority of the reason of current crypto valuation just doesn't make any sense. Those just available for people to buy and they buy it like APE. At one point all cryptos will crash harder than any market seen because of this reason. There arent many people left to buy those shitless nothing really.
Lastly i want to say that if you think idiot people will buy more cryptos and valuation keep growing that is some logic nobody can deny however if you believe those cryptos are futures. You are idiot and will learn a hard lesson sooner or later. If you bought early and make good many it was just because you were the early ring of the chain. However from big picture, people who created those fake currencies took your billions of dollars and gave you those nothings and you hold onto those with thinking they have value just because there were people ready to buy was greater than ready to sell. However if all holders would want sell those people who dumped on you wouldnt use that money to buy them back. Its gone. Cryptos are ticking bomb.
Lastly i want to say that if you think idiot people will buy more cryptos and valuation keep growing that is some logic nobody can deny however if you believe those cryptos are futures. You are idiot and will learn a hard lesson sooner or later. If you bought early and make good many it was just because you were the early ring of the chain. However from big picture, people who created those fake currencies took your billions of dollars and gave you those nothings and you hold onto those with thinking they have value just because there were people ready to buy was greater than ready to sell. However if all holders would want sell those people who dumped on you wouldnt use that money to buy them back. Its gone. Cryptos are ticking bomb.
Comment:
46 or 44K as SL makes more sense.
Comment:
SL 47K