dustolf

Discount BTC en route

Short
COINBASE:BTCUSD   Bitcoin
BTC is on the verge of once again losing the confidence of short term speculators. My boy had some struggles in the 60s which is looking like a short term top. Volatility and downward pressure continues with Fed action, beating war drums, nft scam prosecutions raising scare of regulations. One more lockdown + escalation in conflict + news of possible regulations on non-dollar currencies and BTC goin to dip with the economy. Maybe this is good opportunity to buythedip at 16k in a few months. I'm not a long term bull or bear, could be < 1.0 or > 100k in 5 years, I don't think crypto is hedge on inflation (I know... I know... Don't @me).

Related Ideas

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.