Bitcoin does a dead cat bounce as Sam Bankman bails out Celcius
#1

You can see a small bounce in reaction to bailout news before selloff resumes.
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Smart traders will use this chance to take profit and get out.
Nothing much changed. Sam Bankman does not have enough to rescue it...understand its like throwing cup of water to stop a forest fire. All the naive people seeing this will mistake it as "worst is over". This is a common and deadly mistake made in every speculative asset collapse.

Because  bitcoin has fallen sharply thousands of leveraged players are just waiting for a bounce to cut and get out. This results jn a deadcat bounce. .



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I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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#2

The dead cat bounce caused by Sam Bankman is OVER.

I expect Bitcoin to continue its fall and hit new lows soon as more get out of this virtual asset.

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I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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#3

Go deep down also BTC , Cryptocurrency still be around just like Forex, Stocks.
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#4

(29-06-2022, 03:47 PM)[[ForeverAlone]] Wrote:  Go deep down also BTC , Cryptocurrency still be around just like Forex, Stocks.

Can be around at $100 or $10.
Just like hello kitty set is still around but people selling below McDonald's original price.

I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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#5

(29-06-2022, 04:16 PM)sgbuffett Wrote:  Can be around at $100 or $10.
Just like hello kitty set is still around but people selling below McDonald's original price.

what if it really go to 500k or even 1m???.. than u cause other to miss a life time opportunity, why u so sure 100$
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#6

Bitcoin breaks sharply below $20K

Support run out of bullets.

I would quickly get out if I have any to avoid bloodbath.

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I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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#7

Honestly speaking BTC holders don't bother daily check unless you prefer " trader ".
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#8

(30-06-2022, 02:35 PM)[[ForeverAlone]] Wrote:  Honestly speaking BTC holders don't bother daily check unless you prefer " trader ".

Those who want to HOLD come what may van just put aside and don't look at it.

Those who want to track major events affecting crypto to form the decisions have to be aware what is going on.

I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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#9

Breaking down fast....

[Image: 2AGCJjw.jpg]

I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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#10

Ethereum  .kept forming lower lows until it broke down.

[Image: QsocL7s.jpg]

I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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