Quote from: Gachapin on Today at 07:04:44 PM

Quote from: OutOfMemory on Today at 05:14:40 PM

Quote from: BTCETFInvestor on Today at 03:33:13 PM

Quote

Bitcoin Resilience Tested: Price Loses Key Support Band, Drop to $105,000 Likely

What's that bearish nonsense?
$110 all down through to $108.5k has tons of liquidity for the market. This is obviously the target zone bears stubbornly try to hit.
On the other hand, there's tomorrow's expiry of CME futures at $117.4k , which i am curious about if "the gap" will be closed. It's not guaranteed, and it's a nice way to make money and/or get cheaper corn for market makers.
Bitcoin is being fucked by derivatives, but that doesn't change any of the fundamentals. Stay on the sideline (hodl) and buy when you can.

EDIT: And the other thing is, as long as there is no retail, the chance of heavy corrections (retailer's wording = "crashes") is low. It's a different market now, and that what i tried do say yesterday was already nailed by @Searing earlier today (and the other WO with whom he discussed this topic, whose name i can't remember right now).

wait until we see sub 100k Cheesy

But yes, might be that we stop at at 108 or so.. however i wouldn't hold my breath...

Volume is heavy! I hope you're wrong about seeing sub 100k! I hope BTC holds above $105k but I plan to add more FBTC ETF so I'll benefit from this drop.