I do not do TA. Also bitcoin being 58k forever has little to do with the price, it's a meme. Early January I dared people to take my even odds proposition: bitcoin to dip 40% at any point this cycle measured from ATH. People claimed bitcoin won't dip this hard since the smart money are in. Unfortunately, nobody took my bet, which is asafd thing for trash talk, bitcoin education and probably democracy. 🤭
Discussion
^which is a sad thing 🐸
40% makes sense to me. I just think it should price in the SBR first. We priced in the Trump team, got impacted by tarrifs and stocks and scared that SBR was far away. Now we have to price it in, and then get scared that the actual buying will not start soon enough. My thoughts are based on nothing. Not an advice.
I'm not taking financial advice from anyone these days. 😅
In the beginning I followed a bunch of shitcoiners talking about bitcoin and shitcoins. They appeared smart to me because I was clueless. They called them altcoins so it took me a few months to understand why everything which is not bitcoin in your self custody is a shitcoin.