Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
OgNasty
on 29/04/2023, 17:03:54 UTC
Looks like the market didn't do much after the swings last week and is back to a consolidation phase just under $30K.  The fact this is happening just below $30K instead of above it makes me think this rally may be starting to lose a little steam.  I'm sure the movement of mtgox coins spooked some folks into selling but the buyers were there to scoop up the BTC and bring the price back up.  I think we've got some choppy trading in the near future but once the mtgox coins and US gov coins are bought up, it will be off to the races.  That should supercharge the halfining and set us up for a nice run into the next bubble as spot ETFs begin getting approved.