I do not think BTC has hit its bottom yet
I believe the current Sideways Trading is an indicator that BTC is going to enter a sell off, leading to the bottom being found
Many people have been burned during this ~2mo bear market - their capital is now tied up and there's a lack of support to be able to push, and hold, BTC past 40k
BTC is attempting to find its bottom in its Parabolic Trend - It will continue to decline in the near future
Not sure how long this trend will last or how low the bottom is
Sucks how BTC is dragging down the entire Crypto market - It would be interesting if BTC was converted into some type of Crypto index in the future, since its nearing the...
BTC bubble is popping - Starting to deflate due to Elon tweeting, Tesla no longer accepting BTC, and China ban on institutionalized crypto investor.
BTC is gonna drag most, if not all cryptos, into a short bear market then cryptos will rebound
I personally think this is the beginning of the end for BTC
>BTC is like the Ford Model T, it has...
Im longing XMR (Monero) - Exchanged all my ETH + BTC into XMR
I love the concept behind it and how its the only true Crypto left
The Colonial Pipeline ransom was paid in an 'untraceable cyrpto currency', most likely XMR, so thats a solid proof of concept behind the idea of this currency
I felt this was a nice dip to enter in at - $6B Market...
Bought puts at the very top on May 4th right when markets opened. Sold them today with some nice gains.
Rode the puts for 7.5% (The stock dipped 7.5% - about $1.60)
I was tipped off about this stock by stocksoptionschanel.com - they publish daily articles about unusual options activity.
>Homepage --> "Articles" --> Notable Options Activity...
I am a dead bear and not sure what to do.
I have no clue what the markets are gonna do short/long term.
Hopefully markets go red more to reduce my losses or make some profit.
I hope there is a crash by April 19th then everyone can pivot back to Bull Market.
NASDAQ:QQQJ My prediction of where QQQJ is going short term (as of 01/18).
Short Term (3-8dy)- Im expecting another sell off and red markets.
Long Term (3-6mo) - Im expecting BIG - $33 by March easily. Thinking about buying 06/21 $34c to play it safe. I bet the trading price will be much higher by Sep. Over $40.
Cant go tits up