BITCOIN Discussion..........
- Thread starter homie1975
- Start date
No doubt, you're rightBTC goes as NASDAQ goes.
i don't care who tries to say otherwise.
i have seen enough over the past 15 mos.
they are over 90% correlated and it is the Nazzy wagging the tail, not the other way around.
Thanks for the info.BTC goes as NASDAQ goes.
i don't care who tries to say otherwise.
i have seen enough over the past 15 mos.
they are over 90% correlated and it is the Nazzy wagging the tail, not the other way around.
True Miker but it is rare the past 15 mos.Most of the time. However it had went up while Nasdaq went down before a few times
Yea dang it.True Miker but it is rare the past 15 mos.
FED is done raising rates, they broke the system. I'd be so surprised if they rose it even by .25 next week.just sold all of my BTC and pocked profits.
my cost base was 21,900. i sold at 24,275
will jump back in after the next dip.
i feel like there is some manipulation going on right now.
i still see the strong correlation to NASDAQ and the stock market is going to feel more pain with the FED needing to continue raising rates.
I read somewhere from a JPMorgan Chase analyst that they expect a 0% increase this time around to help "chill out" the banking industry issues.FED is done raising rates, they broke the system. I'd be so surprised if they rose it even by .25 next week.
Yes THe Market is controlled by the big boys and get the suckers in then dumpjust sold all of my BTC and pocked profits.
my cost base was 21,900. i sold at 24,275
will jump back in after the next dip.
i feel like there is some manipulation going on right now.
i still see the strong correlation to NASDAQ and the stock market is going to feel more pain with the FED needing to continue raising rates.
Bitcoin’s (BTC) 2023 momentum as part of attempting to exit last year’s crypto winter has resulted in the digital asset outperforming other investment products, despite a gloomy economic outlook.
In particular, Bitcoin has emerged as the top-performing asset class in Q1 2023, with gains of about 70%, making it the digital currency’s best quarter since Q1 2021, according to Bloomberg data on March 31,
It’s worth noting that during the first quarter of 2021, Bitcoin gained about 103% at the onset of the last bull run. The asset’s latest quarterly returns have placed the digital currency ahead of big names such as the S&P 500 (5.5%), Nasdaq 100 (19%), and iShares Core U.S. Aggregate Bond ETF (2.2%).
I think it just ran out of steam. BTC went from 3k-65k in about a year. Couldn't go on forever.@raiders72001
What happened following the 1Q 2021 bull run? If I remember correctly, it peaked about then around 60k for 1-2 months and then dropped in half again.
I don't remember the drivers for the drop though. Did something big happen?
Every 4 years around the halving bitcoin goes on a huge run. Some time after that there will be a dump. In the past, each bull run top was much higher than the previous ATH. $100k minimum this run.@raiders72001
What happened following the 1Q 2021 bull run? If I remember correctly, it peaked about then around 60k for 1-2 months and then dropped in half again.
I don't remember the drivers for the drop though. Did something big happen?
Raiders !!! Thanks for making a rare appearance bro.Every 4 years around the halving bitcoin goes on a huge run. Some time after that there will be a dump. In the past, each bull run top was much higher than the previous ATH. $100k minimum this run.
When is next halving? I want to be prepared.Every 4 years around the halving bitcoin goes on a huge run. Some time after that there will be a dump. In the past, each bull run top was much higher than the previous ATH. $100k minimum this run.
I'll be hear a lot more during this run. Fun times.Raiders !!! Thanks for making a rare appearance bro.