‘There’s Not Much More Downside Left To Go’ After Deepest Retrace of Cycledailyhodl.com/2024/05/03/theres-not-much-more-downside-left-to-go-trader-says-bitcoin-close-to-bottom-after-deepest-retrace-of-cycle/
41 sats \ 17 comments \ @ch0k1 4 May bitcoin
A cryptocurrency analyst and trader is saying Bitcoin (BTC) may have reached a market bottom after correcting down into the high $50,000 range.
The analyst pseudonymously known as Rekt Capital tells his 74,900 YouTube subscribers that Bitcoin’s latest correction is the cycle’s deepest, suggesting a further decline is unlikely.
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31 sats \ 16 replies \ @Satosora 4 May
It did go up pretty quickly. I thought it would stay low for a while, must be all these etfs holding btc. They might have build a strong foundation for this recent halving.
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31 sats \ 0 replies \ @ch0k1 OP 4 May
Everything has changed this cycle...
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0 sats \ 2 replies \ @Bell_curve 4 May
ETF dependent plus whale 🐋
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10 sats \ 1 reply \ @Satosora 4 May
whales are moving? I thought they slept most of the time lol
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0 sats \ 0 replies \ @Bell_curve 4 May
They move slowly because their bags of cash are heavy
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0 sats \ 11 replies \ @TNStacker 4 May
Face melt incoming
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31 sats \ 10 replies \ @Satosora 4 May
You think its going to go down still?
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0 sats \ 9 replies \ @TNStacker 4 May
up in May
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41 sats \ 8 replies \ @Satosora 4 May
you think it will go up in may?
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10 sats \ 0 replies \ @TNStacker 4 May
nfa
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21 sats \ 6 replies \ @Bell_curve 4 May
April was brutal
Halving plus taxes in America plus 420 stoners
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31 sats \ 5 replies \ @Satosora 4 May
haha 420 stoners affected the market that much?
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31 sats \ 4 replies \ @Bell_curve 4 May
Investors had less cash because of cannabis and income taxes.
I know I did!
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