sell the news closer than ever lmao

every retail on X can't stop wanking about the trillions that are supposed to enter via troyhorse blackrock etf

getting rekt as usual in the next few days

Damn, gonna have some more money available to dump into crypto soon and was kinda hoping alt prices would keep tanking till then

Guess who tried again to manipulate price yesterday ? Not Elon Musk but SEC itself 🤣 has to investigate on themselves now, who's the insider ?

I have zero pity for all those who got smashed in this entire debacle. Today should be interesting...

Moonboys retail think it's a bullish event, says it all imo

imo we've got like 2-3 months of stagnation with a 38-40k floor until the halving hype kicks us on to a new ATH run. maybe 90-100k. then it goes back to sleep in around 50k floor unless some large adoption ramps up off teh bull run.

let's see that, a refusal for all etf's until march would be funny
I see many orders under 38k aswell and still don't believe instits will ever buy btc from retail at 40k or even close
this said I still don't see THAT much bullish people on it, yet. next weeks may change if more medias talk about it (incase it's approved)

anything over 50k I will sell more and more, it's never different

This post was edited by Melatonina on Jan 10 2024 11:00am

tbh i think the ETF is a bit of an overhyped thing. i doubt it carries a bull run at all, just a short term spike then slow normalization afterwards. it MAY tickle above 50k if its approved, but it wont last.

only natural cycle and halving events can really cause a long term bull run at this point, imo. i mean we're already into a pretty solid run, but if it turns out to not even cause a new ATH approaching the halving then its a BIG flop.

keeping in mind of course i try to be very pessimistic about bull runs for my long term investment. i dont really think i'll sell my long positions anyways unless we break like 80k then ill draw back quite a few long holds and try to rebuy once it drops back down to like 50k.

the real interesting thing for me is seeing what alts do in this medium term we're approaching. where they spike on their ATHs in comparison. ETH seems poised to pump but it doubt it outperforms BTC coming up because it was oversold in the last ATH phase. the eth prices we saw astounded me and still do. smart contracts are still idling around and no new adoption to carry the project sadly.

At all it is against the principle of crypto, to carry yourself your value without another 3rd party involved between ...

The more blackrock capture btc, the less btc will be moving, the less fees miners will get, lowering potentially the hashrate and the security of btc network.

It's never different especially when american gov is in

This post was edited by Melatonina on Jan 10 2024 04:14pm

I thought we were up for another few weeks of dumb fomo but looks like the sell the news already started ? Lmao