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Some thoughts after reading thread from @woonomic :
and questions which are not popular to ask in #cryptoland.
(4 tweet thread)
He says this: ¨With the current flows of capital coming in, the consolidation floor is expected to be $29k on daily closes
#bitcoin
#cryptocurrency
and questions which are not popular to ask in #cryptoland.
(4 tweet thread)
He says this: ¨With the current flows of capital coming in, the consolidation floor is expected to be $29k on daily closes
#bitcoin
#cryptocurrency
(short of a black swan event), upper bound would be $56k (but rising quickly each day).
Okay, but as 2020 clearly showed us with covid
- black swan events do happen.
- The whole of crypto, literally since the #bitcoin white paper, has grown in a bullmarket for stocks,which has
Okay, but as 2020 clearly showed us with covid
- black swan events do happen.
- The whole of crypto, literally since the #bitcoin
white paper, has grown in a bullmarket for stocks,which has
been going on since 2008. We are now in the longest bullmarket ever.
- What if we do get a proper bearmarket or correction/crash like 2000 or 2008?
- Do we really think that #crypto $btc will hold such high levels when panick hits?
- During a crash or bearmarket, people scramble
- What if we do get a proper bearmarket or correction/crash like 2000 or 2008?
- Do we really think that #crypto $btc will hold such high levels when panick hits?
- During a crash or bearmarket, people scramble
for liquidity, and huge sell-off of risky assets happen, including crypto.
- I think any long term prediction is nice, i am very bullish myself on crypto and fully invested, but i am amazed by how few so called ´analysts´ in crypto, are even willing to discuss a scenario
- I think any long term prediction is nice, i am very bullish myself on crypto and fully invested, but i am amazed by how few so called ´analysts´ in crypto, are even willing to discuss a scenario
in which bitcoin and crypto do crash hard & correct longer, because the stockmarket enters a proper bearmarket like after 2000 and 2008.
-massive money printing will follow any crash or bearmarket,for surewhich is bullish for $btc,but still,will people really put their dollars
-massive money printing will follow any crash or bearmarket,for surewhich is bullish for $btc,but still,will people really put their dollars
in crypto when they scramble for liquidity and see a sea of red in crypto when the stock market goes down as well
- imagine the panick of 2008 (i still remember it well), would you personally put your money in crypto during these times when lehman was going down? Or prefer to
- imagine the panick of 2008 (i still remember it well), would you personally put your money in crypto during these times when lehman was going down? Or prefer to
sell some to be sure to have some extra euros or dollars just in case?
I know these are not popular ideas to think about or discuss in #crypto, but for all the years i have been in this space,i always wondered when reading all the predictions,what if we do get a proper bearmarket
I know these are not popular ideas to think about or discuss in #crypto, but for all the years i have been in this space,i always wondered when reading all the predictions,what if we do get a proper bearmarket
