Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

I wonder if ETF’s buying the DIP

This would be an excellent opportunity imo.

They can't buy until tomorrow (not trading during the weekend), but I agree re opportunity.
I don't have a target..it would depend on the calamity the markets are pricing in.
In 2020 we halved. So far, I don't see anything of that magnitude on the horizon.
That said, we started the year at 42.
S&P is not even down 10% from the highs, but we are already 27% down from ATH.
If S&P drops closer to 20%, Jerome cuts 50bp BEFORE September.

TL;DR A strange cycle

Well the feds got a crash but maybe not enough. This will be a fun week.

Heck the dems can now say Trump is a moron for wanting BTC look how it crashed.

I doubt that it was planned this way, but who knows.
Bad Warren also sold 1/2 of his AAPL stake. This must have contributed to the sell-sell-sell reaction everywhere.

I would gain respect for the fed if they said fuck the markets and raised the rates 50points.

No one would think they would do that. I feel this was the markets trying to force a cut in the rates in sept.

And I am really starting to look at btc as billionaires bitch toy yoyo 🪀