ah man this is good day.
BTC just reached 100K USD. |
(Dec 5, 2024 01:54 AM)StuffSneak Wrote: Its already almost 103K so I guess the 100K wall wasn't as big as we thought initially. If you think about it the wall is 100k, so once the wall is down there isnt any defenses for a short while. Its like breaching helms deep if you want it in a LOTR reference. Its the same reason why its possible for BTC to jump to 150k quickly because if there are not any major sellers then the order books just keeps getting cleaned on the sell side.
Shreder = Fed
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Huge day. I'm sure many of us have apps that alerted us to the moment.
$100k is $2T cap. I think the next massive milestone is a $10T cap or $500k BTC price. At the $10T cap that's enough of overall value that high end corporations would likely start figuring out how to use Bitcoin in settlements and store of value. We can't get to $10T cap without corporate world and Wall Street. Once that adaption starts to occur the $1m BTC mark will come in 5-8 years and that's when it will be obvious to everyone exactly what Bitcoin is, which is Global Reserve Currency, controlled by none, trusted by all. btw...that's perfect motto... Bitcoin, controlled by none, trusted by all. Hmm...like that?
The first flash crash during this bullrun, with many like these to come. Blink it and you'll miss buying at the lows. 104k to 90k is a nice correction and it goes to show that the 14k is back to 6k drop only. This buying pressure only suggests around 90k that we have a MASSIVE support level.
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Agree with Omni here , best to not check ur portfolio every day or the anxiety will get the best of u and panic sell when the market is down a bit . I think ETH is a great buy right now as it has lagged behind BTCs performance this last month or 2 . I think we will see some nice gains with ETH over the coming weeks / months , maybe a new ath soon.
(Dec 6, 2024 09:59 PM)Rubysplash Wrote: it's crazy 2 years ago it was 30k Now just imagine 2 years from now 😎 (Dec 6, 2024 09:59 PM)Rubysplash Wrote: it's crazy 2 years ago it was 30k What's more crazy is it was around 64K about a month ago! I will NEVER DM you first on Telegram/Discord
Always confirm you are talking with me on site using PM. Always use contract. I do not do currency exchange/gift cards/AGC. |
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