Bitcoin will go to $100,000 before eom April 2025 2 Fed officials made a statement they are ready to intervene (translation: they will) re 10y/30y crises Tariff 90-day pause Tariff exemptions Global money printing confirmed, US, EU, Japan, UK, China! GME is buying bitcoin got $1.5B from 0% convertible debt (higher demand than initial $1.3B planned)
That was happening anyway if we get a retrace to .786....nothing special, and certainly not dependent upon a catalyst from anything. I think .50 retrace is more likely before we head lower to complete the correction sometime around Sep/Oct...which puts us right in line with the year and a half rally after the halvening you mentioned?
FED is ready to step in IF markets break like they did during COVID. This was just a dip/correction. The indices can't dump 90% because the FED will step in to stabilize and prevent the fallout. Bitcoins reserve bank is Tether. If markets break Tether could very likely break as well and that'd crash bitcoin 90% minimum.
Looks like the CME Futures closed Friday at $84,095. Better hope we stay under that price before Monday's opening or else we will have to magicly go back down to that number again
The generational trade here is to just buy far out of the money puts on Bitcoin. And just keep buying. A drop to $30K is inevitable by end of year. Potentially below $10K if Tether also goes under. Drop to $30K is warranted by the Tether alone selling their reserves just to protect the peg. End of year expiry $50K strike price at $1800 currently which seems a bit overpriced though.
You actually played it smart with those early buys. Even small ones add up. If you're still confident, maybe just set small recurring buys — takes the stress off timing. I’m using Binance for that, and also watching LCX for some regulated exposure.