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Misc Crypto trading

drfranklin said:
Bitcoin is above $26K
YvhJXNBt
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Is this a start of a decoupling from Wall Street?
 
Definitely some interesting price action. Seems maybe the banking turmoil is causing capital to flow into BTC? But then again, this being crypto, we could easily dump to $20k in a few days. You just never know.
 
severestorm said:
BREAKING: Coinbase received an SEC notice formally declaring the regulator’s plans to bring an enforcement action against the largest US crypto exchange
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not unexpected - Coinbase has met with SEC officials dozens of times without an agreement/framework
once the XRP lawsuit decision is rendered (probably in April), legal arguments re digital assets' being commodities vs. securities should finally give (some) clarity
btw, Bitcoin is up $500 overnight and I expect it to breech 28K (again) shortly
 
thundersnow said:
Elon Musk changed the Twitter logo from the bird to the kind of dog used for DOGE, and that caused a big jump for DOGE earlier this week. lol
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DOGE, SHIBA, and Elon Musk are all the antithesis of legitimate digital assets.
Elon Musk shills DOGE for the sole reason his friend co-developed this joke. IMO, the value of DOGE is $0.
I refuse to own this and expect its value to plummet.
 
Bham 99 said:
Horrible last couple days.
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the digital asset market is up significantly since Jan 1st 2023...
I've been regularly buying since 2020...2022 was brutal with both the LUNA/FTX implosions and unending rate hikes...
Jan 2023 begun definite positive movement in this class...with the US banking crisis in March 2023 leading to an upward spike in Bitcoin...
since then, this asset class has cooled due to various factors (esp US regulatory pressure)
I believe another upward spike of BTC will take place sometime between late May thru July 2023 due to a possible US debt crisis
I've never experienced a "God Candle" - but if there is even a possibility of default, we may experience it
 
drfranklin said:
the digital asset market is up significantly since Jan 1st 2023...
I've been regularly buying since 2020...2022 was brutal with both the LUNA/FTX implosions and unending rate hikes...
Jan 2023 begun definite positive movement in this class...with the US banking crisis in March 2023 leading to an upward spike in Bitcoin...
since then, this asset class has cooled due to various factors (esp US regulatory pressure)
I believe another upward spike of BTC will take place sometime between late May thru July 2023 due to a possible US debt crisis
I've never experienced a "God Candle" - but if there is even a possibility of default, we may experience it
Click to expand...
Yeah everything that I'm reading matches up to what you're saying. I'm definitely in it for the long haul. One good thing about being down is that's a good time to buy.
 
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