Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
OgNasty
on 06/08/2024, 19:52:53 UTC
⭐ Merited by d_eddie (1)
There's a high level of FUD going around in the crypto media. Especially, FUD about our lil fiend.

Cointelegraph, The Block, U.Today, all talking about 49.5k or similar. Bear market incoming. Many plebs will be shaken. I resent the media.

They serve their purpose of shaking out weak hands and pressuring leveraged longs. They also keep people informed about potential dangers. For example, if you listened this the folks in this thread, you’d have been called crazy for selling at $70K. It’s good to have different perspectives so you can evaluate for yourself what the likely outcome will be.