Hello traders. Just a quick post to say that all that is happening is the leveraged traders are getting smoked a bit longer than most people thought. We still have until October and I am not worried in the least. These are the last time regular people can get some BItcoin before the supply / demand shock and post halving parabola come in. It will be epic. My minimum target, as a worst case scenario for Bitcoin is $265,000 a coin by or before the end of 2025. I would imagine we could easily wick up towards the 400 or 500k area and then drop untl the next halving so the market makers and ETF's can smoke out leveraged traders and make money when people are cashing out their winnings. Big G gets a shout out. We could see some more downside for sure. I am probabaly putting in a buy limit at the 52k area, in case we dip down that far. Either way, as a long term holder and a cold wallet advocate, I have zero fear or worries. Be well and thanks for reading this huge post. My bad, just excited.
Pip Whisperer
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Pip Whisperer
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.