ππ«π²π©ππ¨ πππππ‘ππ« π π¨π«ππππ¬π BTC is doing its drunken kangaroo dance again in anticipation of what the FED will FUD later today. The positive EU crypto regulation story that was accepted into phase 1 yesterday did not make any impression on the market. Neither did the drowning of the Hong Kong stock market. So what will make an impression, what will make the market pump or dump.... ???? But this is a well know signal for a bear market, where even the best of news does not make an impact. And we had good news the NA and EU crypto bills proved that the western world takes crypto seriously. The acceptance in Russia and the Ban in China proves the same, crypto is taken seriously, itΒ΄s no longer an infant. Just wondering what would be that catalyst that will move the market? Up or down..or round and round..... #crypto #market #boyyouturnme
4 comments
Mr. BitcoinBaby, all I have to say is that I need to be paying better attention to your prognostications, because my January investments are really hurting right now. So please, let us know ASAP once you ascertain which direction the market seems ready to move towards.
Dear Old Bastard, the market is as much a mystery to me as it is to you....well almost. But all I can say is that any investment done below 39K is a wise long-term investment. Considering that 20K is called the absolute bottom we probably never reach you only overpaid 19K. Considering the top being 68K the upwards potential when meeting this absolute top so far is 29K. The problem is the current extremely sluggish movement of the market which is influenced by..... whatever.... so if Putin does not Nuke the western world in the next 2 years you will have a positive ROI on your Jan. investment. Take it from a baby that learned not to invest too much in low cap alts during the way down, as I have invested in coins that went from $3 to 30 cents from November till now.... a reversal is possible ....but will take lots of patience....and patience is a virtue this sinner is not having as one of his better qualities. In short, I feel your pain man.
Thanks! I think by the end of the year we'll be okay at least, (I'm hoping for "spectacular", but I'll settle for "okay"), but the next several months may be irritating.
Well last couple of months were worse than having lice already and it might drag on a bit longer but indeed we should be okay by at the latest Christmas