I believe it's inevitable. There's no reason why we can't get up to 25,000 from here, although whether we can go higher than that remains to be seen.
Are you not entertained? Powell jitters in the stock market and bitcoin. F*ck Powell, the sooner his 15 minute of fame on Wednesday is over, the better Short-term, bitcoin price will rekt both longs and shorts.... but, I think we are in the beginning of a cryptos bull market My other crypto assets are holding up and I'm earning high yields
Please no more Oliver Velez. I've known him since the late 90s and I see him as a marketer not a trader. I hope you're not Velez.
No, I'm not Oliver Velez, but I remember reading about him on one of the Market Wizards books so I aSSumed he was a great trader Have not kept up with any of the Wizards traders, but Pit Bull Schwartz came up here on ET and I enjoyed his book, and Ed Sekoyta quote is always good "you get from the markets..." Anyway, Oliver is a Bitcoiner so he's part of the fam but I won't mention him on your thread no more, lol
As you can see from the following chart, BTC has basically retraced back down to the previous support at 22780. It's critical that it bounces back up, otherwise there's a good possibility that more downside could be in store (considering that traders are still relatively nervous). If it does break, then we're looking at roughly 21470 as the next support.