Trump took advantage of all the post election Bitcoin hype to pump and dump a shitcoin.
That happened. And you voted for it.
Discussion
I wonder if he marked the top, at least for now. It's completely nuts how his pump and dump was just brushed off.
There a whole possibility that we come back up to form a double top like last cycle . But I do see free dumb money on the table since everyone is bullish and the market don't reward imbalances like that
I'm ready to begin stacking again once the time is right.
i'm going to get paid at what i'm pretty sure is a season bottom, next week
nope, there's no way
the liquidity flood has barely even started, they are just trimming the fat so it goes where they want it to
Hard to predict with all the seemingly drastic changes happening from this administration and what they outcome of those will be (more AI, less employees is my first guess), but I'm very comfortable sitting back and watching what happens from here.
I think the most interesting situation developing is how Bitcoin will respond to a recession or similar.
bitcoin flattens out in a recession, because liquidity dries up, because business profit prospects are lower
i still think 200k is on the table, because we haven't seen how much print they are gonna do yet, but i think within 4 months we will see a change
i think they are counting on the idea of optimism coming from "peace in ukraine and some kind of placation with china" as china will adjust and push their people to set up operations in USA to dodge the tarriffs, it's already happening, it just takes a season or so for it to start showing in the public listed company ledgers