Quote (thesnipa @ Apr 26 2021 10:16am)
100k is what all of the big firms are claiming they see as the top of the bull market, which means they want 80k so they can start dumping on idiot bag holders who believed the numbers they were told.
When and if we get to 80 people will be talking about 200k-300k. The bar always gets raised with fresh new highs. If BTC gets to 80 I'll gladly sell like 90% of my position and be okay with missing more upside.
I follow this hedge fund guy that has been in BTC since 300. He made a brilliant point, that the success of Bitcoin is what will eventually kill it. Governments are not going to sit idly by as BTC eclipses sovereign currencies and is in direct competition. It could be ignored while the value is in the billions, possible even in the low T's but if BTC ever gets into the double digits of T's i would leverage the wife and child to bet that governments are going to step in.