Post
Topic
Board Speculation
Re: Share your opinion on the market.
by
tygeade
on 26/09/2023, 05:25:05 UTC
Now there is news that microstrategy has bought some bitcoins again. Strangely enough, but usually after such news there is a drop in price. I don't know if we should expect a repeat of this story now, but it seems to me that we will see a fall ahead one way or another. There will be a halving soon and people will need to be scared to buy coins as cheaply as possible.
I still think that it's a bullish news that they bought some more. If a company has over 100k+ bitcoins and their bitcoins worth that much money then it means they know what they are doing. I mean they are super rich and they are buying, if someone with billions of dollars risking all that money for bitcoin, then I am sure that it's a good sign and the price should be fine.

People should have hyped this news and take the price to 30k if you ask me but they didn't and that's their decision, I can't say much about it. I get that it's going to be tough to handle but we can still do it if we are careful. I know that it's going to take some time but if we are careful then we are going to be doing fine in the end.