I think we will have the greatest wealth transfer in human history, but before that I suspect there will be some nice buy oppurtunities in the current market.
The correlation between the S&P500 and Bitcoin is quite big, which is why I suspect BTC will go down to these areas along with the next equity market downturn.
Still got most of my crypto portfolio, covered...
i believe this will be the largest bear trap as we head into the bitcoin halvening
I don't usually take this much risk on my trades, however, since I will be scaling in my spot buys, it is my belief that as long as the recent bottom at $6666 holds, my bull thesis is in place
Last bull run we found out that the Koreans know how to bitcoin. Check the KRW chart when there are discrepancies between various USD exchange charts. For example, it's hard to tell from this last move up if we broke out of the downtrend or not. Bitstamp says maybe no, Binance says yes. KRW settles the matter.