USDT for the weekend doesnt look to good for BitcoinsteemCreated with Sketch.

in #blog4 years ago

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FYI IM NOT SHORTING BITCOIN FOR THE WEEKEND JUST BEING CAUSIUS IN CASE IT DUMPS!!!

Seems like today the only thing that work for me was moving to USDT, several things went wrong today

1- Couldnt sleep last night, insomnia
2- I sufer on Tinnitus on my left ear and today was one of the worst days
3- Couldnt edit todays video since I was so tired

So I decided to call it a day and go to rest, just wake up after sleeping most part of the day, before I went to sleep I move from $BTC to $USDT before I went to sleep, there has been many weekends that crypto dumps during weekends and Im still thinking that the worst is to come when we talk about the world wide financial situation, its true that US is printing money but they cant keep up the market for ever thats why they now want to open some states but the problem is the population that wont take the messures because they think making people wear masks is against the constitution WTF!!! are there people that DUMB on this world, anyways I think its a very bad idea since the curve of infection is still not turning down and a second wave of infection is comming.

$Bitcoin: years ago I would say yes there is an upcoming pump but during current financial situation Im not sure this case, I dont even know if the halving event would pump the price of Bitcoin for many factors

1- Miners wont be profitable, because price mostlikely will drop lower after has
2- We have been on a bear market since 2018, bull market only when price goes over previous ATH
3- Miners dumping Bitcoin and I dont think Plus Token scam dump is over neither
4- We have still not seen the real dump on the traditional markets, S&P500 on a huge bear flag, ask BTC $14k holders how that goes

Its just many things that are wrong with how markets are behaving during such a Bearish world wide financial situation that it feels that there is something wrong behind scenes and we probably have not seen the worst

Anyways Im just trying to keep up with the market and BTC just went 10% up in the last 24 hours and it doesnt look that good on the 1hr and 4hr chart.

Stay home, stay safe

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