Quote (RedFromWinter @ 25 Nov 2020 09:06)
Get ready for the bitcoin drop soon. If you bought in at 7k this summer, lucky you.
Also, I envy the non US coin traders. US fed is a bitch.
yeah here we go again, btc runs up to all-time highs and alts are running riot right now. reminds me all too well of late 2017/early 2018. another opportunity to park funds until the dust settles and reenter at a lower price
the thing is most of the new money in crypto this year is institutional investment (see Microstrategy etc) and people using Paypal. there is probably a solid floor set (say 10-11k or so) for btc. so 50% drop from ath..and more than 50% higher from the low earlier this year (btc went to 3.8k on March 13). how nicely that works out