Bitcoin does a dead cat bounce as Sam Bankman bails out Celcius - Printable Version

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+--- Thread: Bitcoin does a dead cat bounce as Sam Bankman bails out Celcius (/Thread-Bitcoin-does-a-dead-cat-bounce-as-Sam-Bankman-bails-out-Celcius)

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Bitcoin does a dead cat bounce as Sam Bankman bails out Celcius - sgbuffett - 26-06-2022

You can see a small bounce in reaction to bailout news before selloff resumes.


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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RE: Bitcoin does a dead cat bounce as Sam Bankman bails out Celcius - sgbuffett - 29-06-2022

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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RE: Bitcoin does a dead cat bounce as Sam Bankman bails out Celcius - [[ForeverAlone]] - 29-06-2022

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

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RE: Bitcoin does a dead cat bounce as Sam Bankman bails out Celcius - sgbuffett - 29-06-2022

(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.

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RE: Bitcoin does a dead cat bounce as Sam Bankman bails out Celcius - victortan - 29-06-2022

(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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RE: Bitcoin does a dead cat bounce as Sam Bankman bails out Celcius - sgbuffett - 30-06-2022

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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RE: Bitcoin does a dead cat bounce as Sam Bankman bails out Celcius - [[ForeverAlone]] - 30-06-2022

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

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RE: Bitcoin does a dead cat bounce as Sam Bankman bails out Celcius - sgbuffett - 30-06-2022

(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.

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RE: Bitcoin does a dead cat bounce as Sam Bankman bails out Celcius - sgbuffett - 30-06-2022

Breaking down fast....

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RE: Bitcoin does a dead cat bounce as Sam Bankman bails out Celcius - sgbuffett - 30-06-2022

Ethereum  .kept forming lower lows until it broke down.

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