Quote from: JayJuanGee on January 08, 2025, 09:10:52 PM

Quote from: goldkingcoiner on January 08, 2025, 06:18:42 PM

Quote from: LFC_Bitcoin on January 08, 2025, 06:09:53 PM

Another sell off today FFS. Just when I was thinking we might be ready for the next leg up. Bitcoin enjoys testing us doesn’t it.

What chances do we have of making a new all time high before Trump’s inauguration on January 20th? I think there will be lots of games until that date, some real volatility.

I think weak hands are getting shaken just before we go up again. We might see more dips, considering how whales love to scare the newbies into selling right before a big move.

More weak hands are still selling? I am not sure whether I like that theory.

I thought a lot of the dumb money, which would also include weak hands had already sold at or around $100k, so sure we keep hanging out here, and is that causing more of them to sell? Doesn't sound like a great theory.. not that anything ever makes too much sense in these here parts.. and not even talking about you, personally.

Here is another theory/factor to consider: Some (many?) people already topped their max tax free (or lower tax brackets) sales for the year 2024 and they are resuming with the sales (which may or may not be significant in comparison to their hodlings) in the new tax year. That will pass, though.

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