.....I don’t. Btc needs short sellers for liquidity at higher prices. Without that prices will stabilize. This may trigger a sell-off from those holding based on risk/reward fundamentals. Although we could make it to 100k before this happens, I’m leaning more towards this occurring around 50k.
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Big breakdown since this call. Looking at BTC breaking a key parabola I've noted in other ideas, this weekend will likely define which direction all markets will head next week, Equities and Crypto alike.
Damn, Thank you for sharing your thought. This is pretty impressive to see how the market has been killing shorts over and over
leff745
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Bravo
AceintheblacK
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Interesting timing, especially since Elon Musk will be on SNL later tonight...it's almost a given right now that Doge will end up pumping (honestly don't see any other scenario panning out). TBH I'm short but I've been getting mauled (since 55k) Perhaps some whales might sell into the strength but the feel is overall strong. Lots of bullflags on short timeframes, huge ascending triangle on daily.