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RE: THE "TRUTH" BEHIND RECENT FLASH CRASH. Is dream of BTC reaching 100k usd this year over?

in Project HOPE • 3 years ago

Greetings @crypto.piotr, I always thought that BTC would reach 100k by the end of the year this due to the pace it was going in its bullish channel, but now with these two shocks that the market has presented in less than a week I doubt it will manage to reach 80k to be able to break its all time high.

Whales have always bled the cryptocurrency market but this is inevitable as everyone is looking to generate more income. Let's hope and at least the market manages to close the value of its cryptocurrencies at a good price.

3 years ago in Project HOPE by
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     3 years ago 

    Dear @carlir

    I appreciate your comment.

    I always thought that BTC would reach 100k by the end of the year this due to the pace it was going in its bullish channel, but now with these two shocks that the market has presented in less than a week I doubt it will manage to reach 80k to be able to break its all time high.

    Indeed. I also would be amazed if we would reach even 80k by end of this year.

    I wonder when people will learn not to overleverage themselfs. It does look like leverage is almost like some sort of "drug" and "addiction" to many investors out there.
    Wouldn't you agree on that?

    Have a great friday buddy,
    Yours, Piotr

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