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re: Official CryptoTalk Thread

Posted on 4/19/24 at 9:04 pm to
Posted by 98eagle
Member since Sep 2020
1980 posts
Posted on 4/19/24 at 9:04 pm to
So far there is no "sell the news" pullback. If Bitcoin at least holds $63K through Monday with no dip at all, that's very impressive and perhaps Bitcoin starts it's post halving rapid ascent sooner than expected. It normally takes a few months after a halving to take off. In my opinion, Bitcoin's parabolic run will happen much sooner and will go much higher than most people expect due to a supply squeeze.
Posted by Falco
Member since Dec 2018
1266 posts
Posted on 4/20/24 at 9:03 am to
Anyone play the UP/DOWN options on Crypto.com?
Posted by LordSaintly
Member since Dec 2005
38963 posts
Posted on 4/20/24 at 12:28 pm to
quote:

So far there is no "sell the news" pullback.


I’m guessing a lot of people tried to frontrun a sell the news dump by dumping before the halving.

Admittedly I thought we’d dump hard after the halving. I’m happy to be wrong.
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