HustleTong
Elite Member
- May 30, 2019
- 13,466
- 10,660
It may even touch the lower resistance [30-32K] or shoot up if it sustains 42K+
can we expect bitcoin back to 40K this week ???
- Thread starter Sassify
- Start date
Rifle33
Senior Member
- Jun 28, 2015
- 906
- 550
I don't have a good feeling about crypto for this year. I read a good comment recently. The guy said that the rough times are coming, inflation, debts, energetic crisis, crypto will be hit as people will leave speculative investments and move to commodities. I know it's hard to understand for some crypto investors, but most of the crypto is just a speculation and gambling.
ArnoldMC77
Regular Member
- May 13, 2018
- 204
- 94
I think we still have some consolidating to do and 30K may be the resistance. Bitcoin has been trading in line with the NASDAQ, and the NASDAQ has been fading big times due to multiple contraction and companies not beating on earnings. As for the inflation hedge thesis, we have the highest inflation since the early 1980s, and BTC has retraced around 50% from its highs.
Bondpong007
BANNED
- Feb 2, 2022
- 34
- 10
It would pump but not too quick with some up and low movement !
PinguSpy
Elite Member
- Dec 7, 2007
- 3,085
- 3,029
Done selling all my bags. Better in the green mode(even in smaller profit) than in the red.
I think it gonna hit $41k-$42k before continue diving again.
When it pump, and all other alts goes 10-20% in one night with 0% fundamentals.. that is not a good sign.
I hope I’m wrong.
I think it gonna hit $41k-$42k before continue diving again.
When it pump, and all other alts goes 10-20% in one night with 0% fundamentals.. that is not a good sign.
I hope I’m wrong.
Last edited:
Mr.Sinatra
Regular Member
- Jul 7, 2015
- 429
- 192
I have bought some BTC at 36k and sold some at 41k since 20% is more than enough for the position size I had.
My idea is this:
f we ever go back to 40k we are going down. I am not really following the market but if we ever make a new high with 43k for example and go back to 41k just sell everything and never look back.
As this will create another people trapped at 43k + the people that bought the 60k range then add whatever is going on the planet right now.
My idea is this:
f we ever go back to 40k we are going down. I am not really following the market but if we ever make a new high with 43k for example and go back to 41k just sell everything and never look back.
As this will create another people trapped at 43k + the people that bought the 60k range then add whatever is going on the planet right now.
- Nov 25, 2017
- 11,570
- 7,545
I cannot understand why do we have a gambling section and not a reddit one already 
Sassify
Multiple rule violations
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Mr.Sinatra
Regular Member
- Jul 7, 2015
- 429
- 192
It is happening as I am writing this message.
Sell everything my dear friends.
Cheers,
Sassify
Multiple rule violations
- Sep 17, 2021
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