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4/14 Thread (General):
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I think bitcoin goes above 10k in the next few weeks. Too much support around the explosive expected growth to $50k. People are holding to catch the wave.
This aged well! Above 10k now
Wow futures are ripping green right now? Might gap up immediately like you predicted and then drop?
What are expectations once it hits that 287-288 objective? Say it goes to 290?
Is that an indication bullish>bearish short term? Sorry for so many questions!
Coach
I think we are in for a 10 percent decline at least, if not more over the next 2-6 weeks. Ultimately, we may go and test the lows. I think the economy is trashed and earnings are in trouble for a while. I am generally bearish but recognize that rallies do take place.
Agreed I’m waiting for btc to go to 8k as miners go down and will buy a couple then. It’s a long term play for me that makes sense
Coach
Update on Bitcoin, we did seemingly double top here . . . 9599 is the quote. We have sold off smartly from 10,000. A couple of runs at it. . . . but, further confirmation that a big risk off trade is coming in these markets.