[rbg81]

Interesting. What’s magic about $30,000?

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BTC was dropping like a rock last Spring too. $30K turned out to be a support point. It tested that support 2X and then rocked back to $66K in Nov.

So, for the last year, BTC seems to have ~$30K as the low support and ~$65K as the upper threshold. Both of those could change. If BTC goes below $25K, it could collapse below $10K.

I sold all my BTC and ETH last summer after it had rebounded some (but before it high the Nov highs). If it goes below $10K, I might buy more.

One should only buy if they can afford to speculate (and I can).

[politicket]

One should only buy if they can afford to speculate (and I can).

It's not about the value of the asset, but the psychology of the market, when trading crypto.

Actually, in a lesser sense the same came be said about gold and silver.