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51 sats \ 2 replies \ @Undisciplined 22 Jan \ parent \ on: 🏷️ $40k Test Incoming 🚨 bitcoin
Like I said, I don't think it's primarily even about bitcoin. Dollars are appreciating so people are using them for other things than buying bitcoin. Also, we're probably entering a recession, so people aren't going to be adding to their savings/investments as much.
That’s when i want to be a contrarian… i also think gbtc and usd are not the only factors. Greed from extreme traders with crazy leveraged positions got wiped out everyday too…
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By all means, keep on stacking. I'm with you.
There are many factors, but I try to focus on a small number of the big ones. If those big factors seem to contradict something, then I'll look into it more.
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