RE: Bitcoin in small retreat: Correction or Next Moonshot?
Hi @josevas217
I would expect price to continue its upward movement since few days ago China announced one of the biggest stimulus in the history. Liquidity will drive the price even higher. Thats my expectations.
And in meantime we may obviously witness some crashes every now and then. After all, blackrock and other ETFs are masters in market manipulations. And those institutions will be shaking out peoples bitcoin from their wallets.
while others comment that we have a liquidation in the 66,000 of those who were in sales
That part does not make sense to me. Its based on assumptions that those investors will not increase their margin calls and will wait to be liquidated.
while we almost already reached that 66k.
Good read. Upvoted already
Cheers, Piotr