Quote from: Febo on Today at 12:33:08 PM

Quote from: Tipstar on Today at 11:39:38 AM

Everyone is telling that bitcoin is going to 3K. Every news and notifications points that the trend is going towards 3K.
Bitmex CEO is twitting he believes bitcoin could go even as low as 2100, so would it be better to sell my bitcoin now and buy for 50% cheaper?
Seems like everybody are trying their best to decrease the price, it might be better to move with the herd?

I dont get where you see that everyone predicting that? Dow Jones made more then 10% this week. That is like Bitcoin would make 50%. Bitcoin is behind all that stock optimism. If stock market is not wrong ( it could be) then Bitcoin will follow.

The feds are printing money non stop and pumping the market is why.

Monday - 60 bill
Tuesday - 60 billion
Wednesday 60 billion
Thursday - 2.3 TRILLION to hide unemployment.

And this is what is being announced. I am sure its more.

Thursday around 8:30am futures were down close to 1%. In a single candle it went from -1 to +1.5. Next candle pushed it over 2%. They did this to offset the bad news of unemployment.

Hmmm, the world is shutdown, we have an unknown disease killing people, balance sheet highest ever, unemployment highest ever. And DOW does best week since the 1930's. This is because the central banks are pumping it. Well, they are handing it to investors and letting them pump it.

Japan really never recovered from WW2 and their central banks own 80% of all stocks. This is what will happen here as we headed for a deep, deep, deep hole.

BTC certainly could go to 3k. It could also decouple from following the market and take off on its own. However, I believe they will not stop pumping the markets until election so odds are higher that BTC will go up than it will go down.

But do NOT think the market is doing anything good. It is essentially the feds slowly taking it over to help calm people.