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Topic
Board Speculation
Merits 1 from 1 user
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Krubster
on 05/05/2022, 21:23:47 UTC
⭐ Merited by JayJuanGee (1)
Bitcoin is on sale today, a great buying opportunity. One of my buy orders got triggered, let's see if any of the rest will be filled.

Looks like the stock market and BTC both took a dive when Ukraine announced the start of their offensive.
Don't ask me why though.

This drop has all to do with the Fed's raising the interest rate I'm afraid.

In times like this, the sensible thing would be to diversify into btc. But let's get real, lately the btc price has been heavily correlated with Nasdaq. More often than not, it tends to move in the direction Nasdaq is moving.

But one these days, that supply shock has to kick in. One of these days, my friends...