So why is BTC pumping ? 🤔😵‍💫

Reply to this note

Please Login to reply.

Discussion

Because banks are failing, the US dollar is failing. Normal stuff.

Yeah in the long run sure, but i don’t trust this pump. It’s irrational

Why irrational? I see correlation with this kindoff event and peoples seeking out ways to guard their wealth.

Anyhow, i hope you'r right. Need to stack more 😄

I think it will drop down again … also need mite cheap sats 😅🫂💜🧡

Usdc and dai were on sale, BTC was on sale too...

Somebody made crap tons of money

No. Everything else is falling.

😅💪 good explanation 🙏

Fears about the economies and banks usually mean good things for adoption and buying bitcoin. At least that’s what people like Corey from swan say.

Hmm 🤔 but it’s still a risk asset at this point in time. Or do you think it flups now?

People realized the devs can’t do shit about it

💪🧡

People don't want to put more than they can afford to lose in fiat!

Narrative is changing.

Interesting 🤔

Extremely bullish if this is the case 💪

I bet most of Bitcoin buyers are unaware of nostr and lightning ecosystem. Once they start noticing that, that will be hyper-bullish.

Today? Because it's considered a risk asset and a FED pause is more likely.

Because there are more bulls than bears. :)