Post
Topic
Board Bitcoin Discussion
Re: BCT's drop and CPI Report 😧
by
pooya87
on 14/09/2022, 04:24:07 UTC
Hey fam, today we saw one of the major 2022 red candles,
A single red candle after 6 green ones is not really a major one. We have had more "major" red candles in the past that were on an actual down trend like from 7 to 14 of June with a total of 35% drop.
This makes it more of a panic sell.

Quote
not only for BTC, but, also on the crypto market.
Shitcoin market always dumps every time bitcoin price makes a bigger than usual move.

Quote
With all of the recent hype because of the ETH Merge, while still on a bear market,
Shitcoin stuff are irrelevant to bitcoin price moves.

Quote
most of the narrative these days didn't even bring up the CPI variable before.
Possibly because it is mostly unrelated.

Quote
Which are the next events that you think will negatively impact BTC prices? I was thinking about the next halving, but I would also like to hear all of you guys’ opinions.
Halving has always been a positive impact not a negative one.