1 BTC = $8.2k, it’s up 735% this yr UPDATE 5/19: BTC @ $42k :damn:

jilla82

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ppl are selling alts and moving profits into stablecoins...best case scenario this is a temporary correction and things will bounce back in weeks/months...worst case scenario things keep dropping and we may not see this type of interest again until the next bitcoin halvening or the year after it...there’s no way to tell yet

this is good for those who didn’t have too much skin in the game or need time to build up money to buy/build bags and hold...but I feel especially bad tho for folks who had 5, 6 and 7 figure gains bcuz they can see it wipe out quickly if this is a real drop...this is why folks put their money in stablecoins—to protect/preserve their profits and have the money ready on the sidelines to buy back in
I really dont think its that serious...I think its crazy for people to even to consider that at this point.

People switch up how they feel about the market as soon as things change.

Ive seen so many bear market calls this year :unimpressed:

I wouldnt be surprised if its nothing but market manipulation

Who didnt see a tax increase coming?
 

cobra

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Pika V2 launch announcement saturday

"Evolution" burn rates and whatever else

I'm mostly concerned with swap rate
In the telegram, they said that you would get more V2 pika to cover the gas fee
 

mannyrs13

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Looking at the Link chart and everything seems to still be on course. Still within the trading channel its been on since around Thanksgiving practically. Didn't go below it. The $29 support line held, in fact it didn't even go that far, stopping at $30.11. I remember telling someone last week or so that I'd be surprised if it drops under 30. Not saying it can't happen but the bounce back definitely helps that claim. Moving averages and ichimoku still look ok. Some resistance at 33.60 which it tested twice around mid February and again in early April before breaking thru it to ATH last week. Makes me thing its not resistance anymore since it was broken but need to close the daily candle above it to turn into support. If it can range between 34 and 37 for another month or until end of May, thats fine by me.

Looking at BTC chart real quick since thats vital. Looks like it bounced off the support at 48400. Needs to push back up above 52400 and stay within the ichimoku cloud. That line goes from the 26th to May 7 with another support line showing from May 9 to 15th at 5400 so there's still time to recover and make a move up. Down 10% this week but not further down then the late February drop and every green candle weekly run after these recent drops has set a newer high. Won't be surprised to see it hit 66k or more by mid March if not late March latest. Just gotta get thru this weeks mess and hope there's no major issues next week.
 

mannyrs13

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Yep, keep buying at all time high boys, keep up the good work :dead:

Patience Provides Profits

I bought Link at ATH I believe, when it was around 6 and now its over $30. Never know what could happen if you hold strong. There will be dips like when it dropped back to around 7 but gotta remain hopeful that things will turn themselves around. Might be an ATH now that people are buying in but who knows, in a couple months or so they could have 5x or even more on their investments.
 
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