Ok, what if this is just a retest of resistance at 29k? 🤔
Discussion
Then good, more cheap sats. Their is always a reason to be happy when it comes to the price of Bitcoin expressed in filthy fiat.
True 💯
Well, go ahead, short this.
I never sell btc. But i would love to buy more cheap sats 😅
If fiat dies, you will be buying all the way up though. It kinda feels like that's pretty close but who knows how long they can yet again delay it. Not sure I'd risk it currently.
I don’t think fiat will die yet… one simple rule in the fiat game
No the fractional banker will have made a ton on the road to ruin but countries go bankrupt, civilians riot and the trust in money disappears.
And then they create new money like they always did 🤷🏻♂️😅
I whitenessed how they implemented the € in EU and people did adopt it even if it meant more disadvantages than the old currency. Just because government said so. I don’t think majority of ppl in the world has understood fiat and or btc deep enough yet that fiat systems didn’t have a chance anymore.
It’s out of question that it will fail eventually. But for now, i personally think it’s too early.
Also quadruple negative divergence with rsi …
Hey, I'm not the person you need to convince, make up your mind already😝
Just sharing opinions to get more opinions 😅🤷🏻♂️
Well, I expect btc to go sideways soon because the initial shock might be somewhat over. I can't really be bothered about the range though. Wether it's 40-28 or 28-23. I gave up speculation long ago, I just put my saving in Bitcoin and gold instead of fiat, seems like the wisest choice to make.
FOMC, looking like another rate hike so that should hurt markets, if top was at 28 for the next few days short is looking A1
I am not a trader. Nor do i understand TA 😅
I am just interested in this to estimate good buying opportunities. But never sell btc. But i don’t judge ppl who do. It can be a great way to maximize btc holdings if one knows what he does
When trading futures theres no selling of btc involved lol just trading stables for long or short contracts with leverage. I take what I earn and transfer into btc everyday, never liquidate and never pay short term gains taxes.
Respect. I don’t feel confident enough to trade. But really have a ton of respect for ppl who do it successfully 🫡💜
Yeah it’s a shit show of a waiting game, like playing Russian roulette if you don’t got wiggle room from liquidation. Plus btc moves so quick sometimes it’s like oh fuckkk did I call it right but the trade rush is a trade rush. Hope ya get ya btc goals lord knows we all need it.
🙏🫂💜