Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
Why is it that bitcoin, bitcoin cash, eth, and ripple are now all moving in the same direction. I thought they were antagonistic?
(1) They've been moving in the same direction this entire year, and longer.
(2) More money is flowing into the market; 670 billion is a tiny amount of money. It needs to be trillions before any major losses.
(3) There are multiple roles for coins - they need not directly compete.
Truth is, sometimes they are antagonistic, and sometimes they are not.
You still believe in $5500? How about $8000? Maybe it will happen, but first 20k at least.
Wait, I always have to correct you people here! Tera's target has been consistently increasing by the day. We must stick with his original target of "at least 3000, possibly less"
I must remind this, just in case
