Bitcoin Breaks $20,000 (And What Comes Next)
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Trip down Celsius memory lane here
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Oops
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Crypto has some big headwinds. You have the market conditions. But the Luna fiasco and now Celsius trapping people’s money, has created a trust problem within the crypto industry. People have also notched if large exchanges like Coinbase go under, there’s no guarantee that you will get your money. The only solution is to have your own wallet, and much of retail is too stupid to know how to set one up. I think retail has largely been scared off because of this, and it will take longer to get them back on board next time around. I’m guessing this gets to 12-13k before we see a steady uptrend again. If not lower.
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Back above 20k that's was a wild swing there.... so now will be interesting to see which way it goes...
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Bitcoin Maxis today are like:
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I have to give Schiff credit. He’s been predicting what will happen even when Bitcoin was rallying to 69k and all the Bitcoin maxis dragged him through the mud. Oops! LolUWerentThereMan said:Trip down Celsius memory lane here
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Bitcoin is starting to look like the greatest pump and dump of all time.
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That’s what many call a bear flagGoduckies said:Back above 20k that's was a wild swing there.... so now will be interesting to see which way it goes...
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That's my guess togreenblood said:
That’s what many call a bear flagGoduckies said:Back above 20k that's was a wild swing there.... so now will be interesting to see which way it goes...
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Agreed, that's why they need a spot ETFgreenblood said:Crypto has some big headwinds. You have the market conditions. But the Luna fiasco and now Celsius trapping people’s money, has created a trust problem within the crypto industry. People have also notched if large exchanges like Coinbase go under, there’s no guarantee that you will get your money. The only solution is to have your own wallet, and much of retail is too stupid to know how to set one up. I think retail has largely been scared off because of this, and it will take longer to get them back on board next time around. I’m guessing this gets to 12-13k before we see a steady uptrend again. If not lower.
