Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
the feelings are currently worse than the actual decline %.
It is "only" 74% for the current low vs 84% in 2018.
I guess it is because of a larger $ numbers in play.
It is "only" 74% for the current low vs 84% in 2018.
I guess it is because of a larger $ numbers in play.
And the fact that we were dropping from height of a blow off top back in 2018....
not some pathetic x3 like this time...I now think that bitcoin market was "pricing in" future stock declines (due to inflation and IR rises) and maybe even a possibility of a war, hence much LOWER rise than expected.
Who knows how market sniff it out, but they do it, always.