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

[Virtuous_Brotha]

He's going all in with it.

Dude obviously sold a long time ago and is pushing the perma-bear narrative to get back in low as possible lol obviously things are bad but i side eye any overenthusiasm for one sentiment in both bear and bull markets .
Just like the perma-bulls didn't get their 100k, the perma - bears probably won't get their 10k

 

[JJ Lions]

Dude obviously sold a long time ago and is pushing the perma-bear narrative to get back in low as possible lol obviously things are bad but i side eye any overenthusiasm for one sentiment in both bear and bull markets .
Just like the perma-bulls didn't get their 100k, the perma - bears probably won't get their 10k

He just made a bunch of new tweets on SOL, ADA, MATIC, they seem to be ridiculous to me, some predictions 50% down from current prices. I would be happy if that happened but he just seems way off.

2pm today new rate hike numbers coming out

 

[mannyrs13]

Only a 75 rate hike. Doubt it's the last one. Everything going up but resistance areas will determine things for the near future.

 

[the bossman]

So what happened to all the doom and gloom yall nikkas said was supposed to happen all this week

 

[ORDER_66]

So what happened to all the doom and gloom yall nikkas said was supposed to happen all this week

So the market not gonna crash like people was saying???

 

[MasterOfAllHeSurveyz]

So what happened to all the doom and gloom yall nikkas said was supposed to happen all this week

That's why I don't waste my breath. It's a waste of time and energy. I just periodic buy and keep pushing. Dummies are always looking for a quick lick instead of stacking. Two years from now, after the next halving, they'll be blame everyone else except the person in the mirror. They'll either jump on board near the top of the next bull run, get clipped/cash out with a correction/crash, and be saying the same shyt the next time and redon the Chicken Little suit.

 

[mannyrs13]

So what happened to all the doom and gloom yall nikkas said was supposed to happen all this week

So the market not gonna crash like people was saying???

Who knows at this point. I'm puzzled how everything could be going up when rates went up, even tho it was 75 and not 100. They still higher than the last time so not like things have gotten better. Don't know where all this extra money comes from. Rates likely to increase again next time.


Every spike past week has gotten lower so still too early to tell. Could be excitement for the "low" rate hike but who knows how long that will last. It dipped over the next few days the last time in June so gotta see how things look thru the weekend. And also how things look when Asia wakes up.

 

[Virtuous_Brotha]

So what happened to all the doom and gloom yall nikkas said was supposed to happen all this week

It's Wednesday nikka

Just kidding not expecting much dumping either think were slowly reaching business as usual status for these rate hikes.

 

[cheek100]

75 points.. Time to print more money I reckon

 

[JJ Lions]

Don't think much is going to happen this week even tho it's been getting hyped up. Maybe a little down, then right back up again.

So what happened to all the doom and gloom yall nikkas said was supposed to happen all this week

Kind of going as expected so far. I think with all the bad news it’s just being priced in already. No surprises about the economy. Seems like it may dip a little right before these announcements then back up. Plus, most expected a 75 point hike, maybe if it was a 100 we would have a different reaction. We’ll see what the next 2 days brings. GDP plus CPE numbers coming

 

[JJ Lions]

He’s consistent, still taking about new lows

 

[mannyrs13]

He’s consistent, still taking about new lows

buy volume likely to head back down this hour. went down from 2pm to 3pm. markets usually go down more when news is delivered in the morning compared to the afternoon i think. doubt many people are gonna be chasing after this pump. no point in doing so. even worse when everything pumping. nothing worth grabbing compared to before the fomc meeting.

 

[JJ Lions]

buy volume likely to head back down this hour. went down from 2pm to 3pm. markets usually go down more when news is delivered in the morning compared to the afternoon i think. doubt many people are gonna be chasing after this pump. no point in doing so. even worse when everything pumping. nothing worth grabbing compared to before the fomc meeting.

Yeah, actually bought a little before the announcement today, and then just wait to see what the news is. 75 or 100 point hike. What you said plus it seems to dip a little right before these announcements. Hopefully that follows suit with more announcements tomorrow and Friday. Maybe steady out then slowly go back down a little

They were talking about the little dip right before the announcements here

 

[mannyrs13]

nice little jump for drip. available supply going down. the quicker i can make my weekly goals each week, the better. hopefully it gets back to 10 soon.

 

[JJ Lions]

Alright, tomorrow 8:30 am GDP report, we'll know if we're officially in a recession or not. Seems like last thing that could affect the markets in awhile

Thursday - GDP report - we'll know tomorrow if we're officially in a recession 8:30 am Eastern. Apple and Intel earnings
Friday - PCE - Personal Consumption Expenditures Price Index
August 10 - CPI - Consumer Price Index - if it's over 9.1%, markets could take a little hit

Release Schedule | U.S. Bureau of Economic Analysis (BEA)

www.bea.gov

If no official recession, markets could rally. If that happens, next 12/13 hours might be last chance to get some lower prices. Hopefully it dips some before announcement and if we're in a recession, can get more. If not, at least I got something before announcement. Think that's how I'll play it.