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Has anyone seen Chopsing ?
wow btc on some kind of sonic boom rip. it was 27200 just 24 hours ago.
Going to be expensive for some wanting to get back on the US miners wagon at 2.30pm.
Still be cautious out there...
Anything can happen with bitcoin volatility for sure ( plus breaking transformational news, i.e when Tesla news first broke - or a regulation announcement) and at times seems impossible to predict but it does have a small few recognisable and predictable characteristics relating to sentiment, banking sector stress and currency hedging...
I think Chopsings prediction of btc dropping to $15k and bombs falling from the sky might be a tad dramatic.
He is in danger for becoming a victim of a classic bear trap.
And this
"US bank collapse sparks concerns" "digital asset is once again serving as a safe haven for investors" “$27,800 is the crucial breaker, after that we’ll probably accelerate quite fast”
https://coingape.com/bitcoin-btc-price-up-by-3-5-can-shoot-to-42000-amid-us-banking-crisis/
Good luck with closing all your positions Chopsing. But you tend to find that during threats to world economies, banking sector and currencies then fair few investors flee to crypto as a hedge + safe haven (though not always safe).
Recent btc rises originated from trouble in the European and asian banking sectors in early spring namely with Credit Suisse and Deutsche Bank and asian banks under stress. Now the contagion seems to have also spread to the US - overnight troubles announced with First Republic Bank in the US.
https://www.fxempire.com/forecasts/article/btc-bulls-to-target-30000-on-renewed-us-banking-sector-woes-1342187
Also this
https://cryptopotato.com/major-bank-u-turns-on-bitcoin-with-100000-price-prediction/
hajha @ Dagenham. Its easy to spot the ones who are waiting for a pull back to $25k.
Underlying btc conditions not bearish just having a breather.
Pretty confident 28k will hold. Its was resistance for approx 3 weeks now support. For me this is the loading zone.
Good call Chaebol, think I will add some more KR1 tomorrow at these low prices... alt coins surely must gain some traction soon
Cine also flying. Great share I always said so
nm
Good move. Added Wulf myself on Tuesday and looking strong with lots of upside.
btc 30.5 seems to be the current bull/bear battleground... lets see where we are after the weekend.
Earlier this week you thought BTC might retrace and retest 27.5-28k level s again.. Do you still think that?
Asian markets seem to be driving it up regardless...
wow seems some people have really gone off piste here tonight. Lost the plot...
Agreed Chaebol, lets try and make this board a healthy, useful and supportive place for all crypto investors.
Been some great tips here already in recent months so lets keep it going sharing info and tips to help each other.
@Chaebol. I guess you didnt read PIs posts on Cine about how Cine was going to make him a millionaire. Its that kind of talk that completely trips him up + the bragging + the fibbing and the "hi mate" lol + limitless walob. Apart from that Ive got a lot of time for hm.
@Quant. Trouble is with most of the posters on the ARB board is they normally have to wait until 2.30pm before they see any action. But im enjoying the late shift.
indeed Dagenham. But every village has got one.
yeh and 3 times is a fantasy