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Started By
Message
re: Official CryptoTalk Thread
Posted on 6/8/21 at 7:57 am to JayDeerTay84
Posted on 6/8/21 at 7:57 am to JayDeerTay84
quote:
FBI owns a lot of BTC....LINK
Wow. That a shite pile of Bitcoin. 124,000 X $45,000 = a lot of f’n money.
1
Posted on 6/8/21 at 8:14 am to supadave3
The foundation of the digital Fort Knox
Posted on 6/8/21 at 8:20 am to TheOcean
kubyam was saying that she expected 24-26 last night then this mornign posted that we could possibly find the support in the 30-31 range but if it breaks below that prolly see right at or right below 25k.
i expect it to break below but i could be wrong.
i expect it to break below but i could be wrong.
Posted on 6/8/21 at 8:25 am to lsu777
That’s depressing.
Posted on 6/8/21 at 8:29 am to lsu777
If history is the trend, it’ll range around 25-35k while alts slowly bleed until settling.
This assumes we don’t get a violent recoil off 30k. Retesting 30k is necessary for the elusive 2nd bull run, so if we retested 30 and then jumped 38k again, I’d probably be a little more accepting of the 100k this cycle.
This assumes we don’t get a violent recoil off 30k. Retesting 30k is necessary for the elusive 2nd bull run, so if we retested 30 and then jumped 38k again, I’d probably be a little more accepting of the 100k this cycle.
Posted on 6/8/21 at 8:33 am to Tiguar
quote:
If history is the trend, it’ll range around 25-35k while alts slowly bleed until settling.
This assumes we don’t get a violent recoil off 30k. Retesting 30k is necessary for the elusive 2nd bull run, so if we retested 30 and then jumped 38k again, I’d probably be a little more accepting of the 100k this cycle.
yep. its why i been out of alts for a week or so.
Posted on 6/8/21 at 9:38 am to lighter345
quote:
That’s depressing.
Maybe I'm naive, but I think it's ultimately encouraging. But maybe someone smarter than me can answer this.. Would this make ~$25k the likely floor for BTC in the bear market if we have another big bull run before the bear comes??
Posted on 6/8/21 at 9:52 am to Hulkklogan
I think 30k has to be the floor or it won’t happen
Posted on 6/8/21 at 9:58 am to Tiguar
welp my 31.5 was filled. guess I'll set a 28.5 order and put in my application for McDonald's
Posted on 6/8/21 at 9:58 am to 21JumpStreet
I don’t know if it’ll go that low, if it does it won’t for very long
Posted on 6/8/21 at 10:04 am to rocket31
quote:
welp my 31.5 was filled. guess I'll set a 28.5 order and put in my application for McDonald's
it’s just money and we haven’t cashed in our chips yet
This thing will turn around eventually
Posted on 6/8/21 at 10:05 am to Tiguar
There is some chatter on Reddit about millions of dollars of shorts borrowed at 36k recently.
Longs at 44k may get liquidated this week as well, possibly setting up for another crash like in May.
Definitely a “not financial advice” kinda thing but just FYI.
Longs at 44k may get liquidated this week as well, possibly setting up for another crash like in May.
Definitely a “not financial advice” kinda thing but just FYI.
Posted on 6/8/21 at 10:06 am to Ross
I'm not worried at all tbh 
we just have more time to keep stacking sats
we just have more time to keep stacking sats
Posted on 6/8/21 at 10:10 am to Tiguar
What happens that causes the liquidation is it Bitcoin going below a certain number or those shares not being a price after a certain date?
Posted on 6/8/21 at 10:11 am to WhoDat9090
Leverage
Posted on 6/8/21 at 10:16 am to jimbeam
damn alts are getting absolutely obliterated
Posted on 6/8/21 at 10:25 am to 21JumpStreet
quote:
10k is inevitable
I’d buy an entire Bitcoin if it gets there.
Posted on 6/8/21 at 10:27 am to Ross
media/FedGov keeping the pressure on
quote:
*IRS CHIEF ASKS CONGRESS FOR AUTHORITY TO REGULATE CRYPTO
*WARREN TO HOLD HEARING ON CENTRAL BANK DIGITAL CURRENCY JUNE 9
This post was edited on 6/8/21 at 10:39 am
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