We’ve seen this movie before…
https://blossom.primal.net/939ca286b089a3da17cbacafc7e1a19ae07c10e97f433e889bbe214f2806924e.mov
⚡️💬 NEW - Luke Gromen says that he reduced his Bitcoin portfolio substantially at $95,000 and thinks it’s going a lot lower.
- Risk of quantum computing
- Not making new highs vs gold
- Lots of selling from whales
- Charts broke down 6 weeks ago
- Believes 4 year cycle is playing out
https://blossom.primal.net/433a97c06da285a966ee9f57d5346f198208f814395800c2cc49c26b2d6e779c.mp4
Discussion
Turning bearish on Bitcoin is often followed by rage quitting social media.
Lesson there.
Turning bearish on Bitcoin is often followed by rage quitting social media.
Lesson there.
The attractive price would have been 5K, but he wants all these so-called “problems” to be solved, before he allocates any capital.
Bro, wait till you can’t afford 10K sats :)))
Don’t like Luke, but he’s right. Still a dumb move to sell most of your Bitcoin imo. Might have made more sense a cycle or two ago.
The problem with Luke is he is right a lot .... a lot ...
When was this recorded?