Post
Topic
Board Trading Discussion
Re: It's not fud, but you can learn from this tweet & chart. Be careful with news.
by
tbct_mt2
on 12/10/2024, 14:09:22 UTC
That HBO documentary seems to be a flop. As we can see with the price of BTC, there's a bit of reaction but it didn't move negatively.
I don't see how I can connect price change of Bitcoin on the market as Bitcoin reaction to HBO documentary movie. If you want, you can say it is because of the movie but if you don't want, you will not agree with this thinking and no way to prove one or another thinking is true.

We should be glad Bitcoin doesn't gets the big impact because of HBO documentary. The price now still trying to stay at the price although we see the price is up and down many times. But we don't see a down trend too deep so we should not worry too much.
Bitcoin price is fluctuating mildly recent days and I will not attribute any price change to HBO movie. Bear market and down trend ended one year ago and we are in a bull market with a discovery phase of Bitcoin. In coming months, farther than last three months of 2024, to 2025 year, Bitcoin will make us surprise with higher prices, new ATHs, and a next year will give us many chances to take profit.

So this HBO movie means nothing to dump Bitcoin price, I have no worry.