If the adage of buy on rumor and sell on news still holds then I think Trump's announcement qualifies as news so now is the time to sell your BTC.
Bitcoin to skyrocket in 2024
- Thread starter stinkynuts
- Start date
I really think so too. Whenever there is hype, for example the Bitcoin reserve, and the stock initially moves up, and then stagnates, as we are doing now, it means bad news. If something as big as the Bitcoin reserve barely moves Bitcoin, it's a bad sign. May sell all this week, will wait and see.
Bitcoin and alts should have one last push ahead of them. However, Trump has definitely soured the markets as a whole, ruining Bitcoin's smooth run up.
Whole market is in meltdown mode.
Bitcoin’s crash today has everything to do witb tariffs. Had they been cancelled, we would have been at 90k now.
This will blow over and Bitcoin will recover.
Bitcoin’s crash today has everything to do witb tariffs. Had they been cancelled, we would have been at 90k now.
This will blow over and Bitcoin will recover.
Tariff news will wear off.
Yes, short term Trump is causing a lot of major ripples, but global liquidity is the driving factor behind Bitcoin’s price.
A surge in liquidity is scheduled to hit Bitcoin in weeks if not days.
It seems that this cycle is very different from previous ones.
A lot of price manipulation is going on, and traders as well as long-term holders are being liquidated and shaken out. It’s been brutal.
Yes, short term Trump is causing a lot of major ripples, but global liquidity is the driving factor behind Bitcoin’s price.
A surge in liquidity is scheduled to hit Bitcoin in weeks if not days.
It seems that this cycle is very different from previous ones.
A lot of price manipulation is going on, and traders as well as long-term holders are being liquidated and shaken out. It’s been brutal.
Someone knew about the crypto reserve announcement beforehand. Trump must have tipped them off. Zero regulation. People are pissed.
Also, the entire setup to announce on a Sunday, then liquidate new longs by announcing tariffs Monday morning.
news.bitcoin.com
Also, the entire setup to announce on a Sunday, then liquidate new longs by announcing tariffs Monday morning.
Whale Nets $1.6M Profit With 50x Leverage Amid Trump’s Crypto Reserve Announcement – Crypto News Bitcoin News
A crypto trader reportedly earned over $1.6 million in profits by taking a highly leveraged 50x long position on BTC and ETH.
I saw $ 81,450 ! Ouch ! Many chartists and technicians calling for it to slow down in the $ 70 -74k zone . . . 
Some are calling for 60k , like Tom Lee.I saw $ 81,450 ! Ouch ! Many chartists and technicians calling for it to slow down in the $ 70 -74k zone . . .
I know most TERB members are super bullish , but that's around 44.5% correction off of ATH's . I put that into bear territory, OUCH !
Bitcoin on the verge of 85k. Incredibly bullish. Given the overall negative sentiment and tanking market, Bitcoin is holding up very well well for being a risk-on asset. I wouldn’t have surprised to see it head into the opposite direction, in the 70s today.
I think these next few weeks will be very strong.
I think these next few weeks will be very strong.
Agreed ! I thought this cycle would have been very similar to the last 3. I always bet wrong ! UGH !
It started off very similar but strayed off course. Hopefully it will go back on track.
I hope there's enough time this year to rally back, I don't think most will be invested in 2026 with all these 20, 30 , 40% crashes. Some will be happy to be
out at the 100k level. . . .
Theoretically, the peak should only be 120k. It seems to be following a predictable pattern of diminishing returns.
Oh my, this is massive. If Trump ends the trade war, Bitcoin is going to absolutely skyrocket. Definitely a 5k plus candle.
