BTC - Dead cat bounce today - Selloff continues on Tuesday

Discussion in 'Crypto Assets' started by OptionsOptionsOptions, Jan 24, 2022.

  1. RedSun

    RedSun

    Question, what price should Bitcoin priced at ? What is the intrinsic value?

    How about the value of TSLA?
     
    #11     Jan 24, 2022
  2. Pekelo

    Pekelo

    I vote for D.) It does whatever the markets do.

    And the markets follow Putin's actions.
     
    #12     Jan 24, 2022
    Evermore2017 and johnarb like this.
  3. maxinger

    maxinger

    No matter how the dead cat bounces,

    it is still in the bear channel.
     
    #13     Jan 24, 2022
  4. vanzandt

    vanzandt

    BTC is up 3% and the futures are dropping nicely.
    Bottom might just be in.
     
    #14     Jan 24, 2022
    johnarb likes this.
  5. johnarb

    johnarb

    If Russia invades Ukraine, the stock market will absolutely go nutso!! to the upside!! and bitcoin will follow...

    Economy is dead because of Covid

    Remember what happened when the Iraq war started

    I absolutely DO NOT WANT A WAR!!

    Please, let's all hope and pray there is not a war!!
     
    #15     Jan 24, 2022
  6. I was wondering on the weekend if 2400 was a false-bottom. After the cat bounced from below that this morning, I switched from shorting back to long on ETH.

    It is interesting, since Friday (two market trading days), I switched from Longs to Shorts and then back to Longs again!

    I am well aware this may be bull-trap forming... but on the other side of the argument, the weak hands already ran away (or got liquidated), and there is only so far ETH is reasonably expected to fall, can't be in free-fall forever.
     
    #16     Jan 25, 2022
  7. $30k incoming.....
     
    #17     Jan 25, 2022
  8. We shall see. It's 6 am here, and the heatmaps show crypto all full Green and Dark green across the board at the moment. Except for the rare shitcoin like LEO, etc.

    BTC/ETH up almost 9% the last 24h.
     
    #18     Jan 25, 2022