Bitcoin Thread

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Yip big me movements usually start around 14:30 as that is when some of the US comes online, was thinking of sell for a 20% loss which would have been a good move now down 45% so might as well hold long term now
 
I made a fair amount on the first $matic bounce from $1,8 to $2,6 after the first 7am dump. Looking back on the graphs for the day I wish I had more courage and had tried shorting one or two of the other bounces (on any of the coins), instead of sitting the rest of the day in USD. The volatility was just too scary for my non-existent trading skills.
 
Will likely get a relief rally off the 200SMA. Whether it holds is the difference between staying in or considering getting out and buying lower lows.

I'm just riding it out i think. It's simply too unpredictable with the current amount of seemingly coordinated FUD by Big Media.

Elon sold a handful of cars using BTC anyway. It shouldn't even make a dent in the total market cap. So why now?

Why all the talk of increased crypto taxes and regulation? Why did Turkey force one of their crypto exchanges to close down and run away with everyone's money? Why did Binance come under fire by regulators last week for suspicious transactions? Why now?

Why did China decide to reiterate their position on banning Bitcoin for the 15th time? This is old news already. But why bring it up again now?

There is a big, dirty game going on and they're all in on it. Suppress the market until most of Wall Street can sink their rusty hooks into it. Then the minions can fight for their scraps.

Either way, I'm taking some salary scraps this month and buying some BTC.
Spot on IMO. The media doing what it does best for all trading markets: stoke fear and greed alternately. The big guys use such news, plus the ability to buy and sell at prices and moments when this will encourage traders, speculators and even investors to sell or buy at exactly the wrong times.
 
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