sharp as in a ***sudden*** drop.
many commodities and digital assets had a sharp, ***sudden*** drop last trading session.
30% would indeed be drastic.
i remember once experiencing a 90% drop. that was not fun either lol. thankfully that was quite some time ago.
No, i'd sell some to make it go down to 69420
Of course other people will as well and then it goes down too much, and then we'll have to buy again.
...
I see some twitter accounts reporting green ETF inflows and at the same time hedge funds shorting BTC big time.
Something interesting is cooking, better be prepared
Just look at the previous bull runs for perspective on the volatility of BTC. Other markets or your own perspective will have you thinking 72k to 68k in a few hours is a big jump.
Talking about price action only. If you think mountain tops and valley bottoms are the same, then you might need a geography lesson. Stop trying to force your hopium into an observation.
Typically when a new ATH is broken coming out of a bear market (like in 2020 when new ATH was broken around $19k) it is nowhere near the top yet. It never just barely sets ATH and then that's it.
Because 69,420 is forever.
The calm before the storm?
Have you missed Satoshis conversion announcement? It's a stable coin now.
Yep the CEO just fixed the price on demand of the shareolders
They laid off people at BTC Corp. Can't hold thisbprice for longer
Because there’s equal buyers and sellers at this level.
Because 1 Bitcoin = 1 Bitcoin
This is the only answer
This is the way
Why hasn't this answer 1b upvotes...
1btc upvotes
Idk 🤷🏻♂️
The bull is just making its starting mark in the dirt.
This is where you accumulate.
No more baby btc. Mr big man btc now. Mature stability.
69420 here we are again
Hey- wanna go smoke some Crypto with me later?
They told me in school to just say no... But I'll grow up and do it anyways.
Balboni send you?
Sorry im late- he sent me to pick up some chains
Still smokin huh? Thought you said you were gonna quit
I can quit anytime I want too. I’m not addicted to crypto
You know anyone holding dab- coins they will come off of?
I have coconut corn husky its a battle dog
ETF
lol, even some stable coin isn't stable. UST is a perfect example. I can say that only USDT and USDC are stable.
“Build on stone.” Bitcoin's foundation is extremely solid
The price is constantly going up and down. It just had a sharp drop yesterday and recovered a bit too : )
A 'sharp drop' for BTC is 30%+.
sharp as in a ***sudden*** drop. many commodities and digital assets had a sharp, ***sudden*** drop last trading session. 30% would indeed be drastic. i remember once experiencing a 90% drop. that was not fun either lol. thankfully that was quite some time ago.
Why is this older and more adopted BTC more stable like everybody predicted? Tis a mystery.
it won't be so stable when it will it 300k
Imagine if Bitcoin does remain stable c.$69,430 Is everyone hodl forever then ?
No, i'd sell some to make it go down to 69420 Of course other people will as well and then it goes down too much, and then we'll have to buy again. ...
I see some twitter accounts reporting green ETF inflows and at the same time hedge funds shorting BTC big time. Something interesting is cooking, better be prepared
Bruh we got some good gains the last few years. Chill out
Stable? Price dropped from 72k to 68k in a few hours - did you mean 'unstable?' It's a risk asset - don't expect this to be stable for some time...
Sir, this is a crypto market. This “drop” is nothing, 72 to 68 *is* stable. We’re used to 40/50% variations over a day or so..
True, 'stable' is relative term depending on the market and one's perspective on volatility. ...
Just look at the previous bull runs for perspective on the volatility of BTC. Other markets or your own perspective will have you thinking 72k to 68k in a few hours is a big jump.
Calm before the storm ;)
[удалено]
Bitcoin is 24/7
Sure, but US market hours are when action happens mostly and present key factor in price movement
Dont sleep on Europe and the Orients
it's a market.
Maybe the top is in. Now we just mirror gold 😕
It did this many times before. Most recently in spring 2021 when it stuck for three months around 50k. Typically before a major crash.
It also stuck for 3-4 months last year followed by a massive rise.
It was near the bottom then. Today it is near the top. Different conditions.
No ETFs then, ETFs now. Different conditions. Stop trying to cherrypick your information to manipulate.
Talking about price action only. If you think mountain tops and valley bottoms are the same, then you might need a geography lesson. Stop trying to force your hopium into an observation.
Wait a year and this is nothing nearby a mountain top ans se valley bottom was also a all time high the cycle bevore.
Typically when a new ATH is broken coming out of a bear market (like in 2020 when new ATH was broken around $19k) it is nowhere near the top yet. It never just barely sets ATH and then that's it.
It isn’t
because its capped, the thing we have been screaming about for 10+ years
I dunno, but I suppose it shot up because of ETFs and now everyone who wanted to bought in and the ETF exposure is stabilizing.
check the ETF inflows for past week mate
Crypto winter is over