Replies to post #50790 on Bitcoin (BTCUSD)

[TheFinalCD]

$BTCUSD may end up turning out to be like many typical forward-looking catalyst plays

buy the rumor sell the run-up on news

then reload the dips

and thats if the ETF gets approved if delayed then all bets are off


even thought some say the delay is priced in, I think it could go much lower 34-38K

if it really sells off, obviously not all at once, but a chop& grind down to those levels

[Mikey]

dont believe him, he's off...wrong....fos.....a miss on his part...........its gapping up now

[TheFinalCD]

No one here knows exactly what its going to do, just speculation & hope

thats all we can do....

the powers that control this crap took the whole crypto market down hard last week, this weekend ran it up hard, whats next?

its all gambling


but Im really impressed with the strength of crypto, the resilience and the recovery of late

everytime they take it right to the edge of the cliff, it regroups and push further

very powerful indeed

[trunkmonk]

market is 3 to six months ahead of prices, and most moves up or down results from catalysts, not direct implications, that often occur during a correction of that pricing. soooo they may be underselling it or overselling it, we will know soon.