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Joel_CoachK
Mar 17, 2020 3:01 AM

Potential Decoupling from BTC starting? 

Bitcoin / TetherUSBinance

Description

Hey guys, so BTC was following the legacy markets, but whats interesting is that we are starting to see signed or divergence from legacy and BTC.

Are people finally waking up to printing money out of thin air = BAD

If so BTC will show us all, and if not it will dump and match the SPY, DJI etc.

Trade, Chart, Learn, Repeat!

Coach K
Comments
Kinch07
Fingers crossed!
Joel_CoachK
@Kinch07, we got this bro!
DecpBTC
Problem is we dropped so far a few days ago. Why put your money in a boat that is 50/50 whether it floats or sinks. Even if the government prints money is doesn't lose near 50% of its value in one day. I think we will see another big drop from here - any price increase will see a rush of sellers to USDT as they attempt to cover losses. I'm calling sub 4k in sooner rather than later.
Joel_CoachK
@DecpBTC simple if BTC is either a safe haven or SOV it needs to prove itself after the drop. ALL THINGS DROP TOGETHER. This is normal at first but if in 4-5 weeks its following each other then its an issue.

I actually assume we will test the most recent low, this wasn't a buy or sell post more of a thought-provoking one!
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