Vic on Nostr: For the moonboi relay... The weekly outlook continues, shifting from ¯\_(ツ)_/¯ to ...
For the moonboi relay...
The weekly outlook continues, shifting from ¯\_(ツ)_/¯ to ᗰᗩᑕᖇO ᗪᑌᗰᑭ.
In traditional markets this week Tesla and Ford had bad reports, and Warren Buffett dumped some of his ill gotten BofA. Nvidia also took a little punching but will be just fine in the long run.
For Bitcoin, still being treated as a general risk on asset, price continues to shed value, and is unfortunately (or fortunately depending on your preference) picking up steam. The sell off is part way there, and I'd speculate that we get down to 60-61K in the coming days. In the past day we've touched below the 50 day sma. What's that phrase? "Moneyflow is leaving the asset". Good opportunity for long term hodlers to pick up more sats at a discount, but bear in mind that we are presently above historical baseline, cheaper sats may be available over the next few days as this current dip plays out.
MM: 1.08
BCMR: 1.13
#🌝
The weekly outlook continues, shifting from ¯\_(ツ)_/¯ to ᗰᗩᑕᖇO ᗪᑌᗰᑭ.
In traditional markets this week Tesla and Ford had bad reports, and Warren Buffett dumped some of his ill gotten BofA. Nvidia also took a little punching but will be just fine in the long run.
For Bitcoin, still being treated as a general risk on asset, price continues to shed value, and is unfortunately (or fortunately depending on your preference) picking up steam. The sell off is part way there, and I'd speculate that we get down to 60-61K in the coming days. In the past day we've touched below the 50 day sma. What's that phrase? "Moneyflow is leaving the asset". Good opportunity for long term hodlers to pick up more sats at a discount, but bear in mind that we are presently above historical baseline, cheaper sats may be available over the next few days as this current dip plays out.
MM: 1.08
BCMR: 1.13
#🌝
quoting nevent1q…6vntNo need to panic. Just letting a little air out of the balloon so it doesn't prematurely pop. Though it is worth keeping an eye on when the money flow is changing direction compared to traditional US market operations. Big players are playing their big games. Yesterday made it down to 65444. Bart formation disrupted on the up-tick in the past few hours. Good to get some bearings.
#🌝
nevent1q…5j22