Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
The US Government has announced that they're no longer seeking a second trial against Sam Bankman-Fried and will not prosecute him for political campaign finance violations despite having donated a $100 million in stolen customer funds to various American politicians.
https://twitter.com/SimplyBitcoinTV/status/1740953742860795976
https://twitter.com/SimplyBitcoinTV/status/1740953742860795976
The government's decision not to go forward, sounds like a cover-up to me, even though the size of your text was not a cover-up, so I reduced it to a more user-friendly and readable rendition.
The current #Bitcoin cycle looks very similar to the one in 2015, do you think we will follow a similar a path? 🤔
Source.
This will mean price going back to $33k which is possible but not feasible based on present reality. Halving is around, ETF approval is around and interest in BTC is at highest it has ever been with many nations like Argentinal, Colombia and other showing serious interest. Source.
It is just safer not to expect a $10k drop in price.
Even if such down before up does not end up happening, it does not hurt to be prepared for it, and a 30% to 35% drop in BTC prices down to lower $30ks is not unreasonable, even if it may well not end up happening, as you suggested Moreno233.
hmm maybe some cheap corn on the way.
It would not be first New Year's this happens.All the news tend to make everything look overly bullish, but you never know and it doesn't hurt to be prepared, just in case..
It is a given that each of us should be prepared for either price direction, and as a bonus we know that many of us who actively participate in this thread are more than sufficiently prepared for UP, yet there are some who are not, and surely amongst the normie population, there is an overwhelming majority that have little to no preparation for UP, and even if the BTC price were to drop, they would still fail/refuse to prepare for up by buying some cornz, in case it catches on.