Why Is Bitcoin Crashing?!

Why Is Bitcoin Crashing?!




Is Bitcoin in trouble? Thoughts? SoFi is the exclusive partner app of The Best Business Show. Visit https://sofi.com/pomp for more …

source

Recommended For You

About the Author: Anthony Pompliano

30 Comments

  1. All the signs have been there to gtfo. All new highs since Jan 21 have been on declining volume. The new highs in October were on extremely low volume. Then there's the -10k candle on Dec 5th. We've had 5 of those. Every single time it went lower withing days to weeks. 39k was almost a certainty. You could have exited any time after Dec 5th and be sitting on 20-40% profit now. Sorry, but the HODL for life mentality is toxic. The cult-like "buy the dip" is what's actually feeding this decline. The institutions manipulating this down know there's an endless supply of dumb money that will buy their shorts.

  2. If you have an algorithm that has been telling you since New year's Eve that Bitcoin was going to 30-35k than you would have had a massive short position and making a crap load of money 🤑🤑🤑

  3. People just don't understand…you have the opportunity to buy a scarce asset at a lower price…We had a nice 2 year run but the show isnt over yet…

  4. Ever heard of this : past performance is not indicative of future performance ! Stop showing me the past. Bitcoin is about 1 trillion dollar asset now you will never ever ever see those compound numbers again. In fact it has underperformed the nasdaq over the past 1 year ! Stop living in la la land

  5. Mrs. Elizabeth is the right person to start trading cryptocurrency with.. she knows her way around the crypto world.. she has been helping me increase my investment every day for over months… She is a genius, have made close to 1btc through her

  6. Trying to make sense of cryptocurrencies can be a bit overwhelming for investors. < It's a nascent but promising asset class built on technology that has the potential to disrupt a wide range of industries. For investors, what's probably most attractive is the possibility of life-changing returns. Don't worry, you're not late to the crypto party. We're likely still in the very early innings, leaving you with lots of time to put money to work and learn about this burgeoning market. If you're new to crypto then my advise is that you trade with the guidance of an expert. I have learned from alot of Youtubrs especially my mentor Thomas Chaung, who taught me how to make trade and increase my portfolio to 19 btc lately.

  7. People are freaking out because it’s not part of the plan. It’s supposed to go up in 2021/2022. Is it over oh no. This cycle was never gonna be a repeat of 2017 because people were expecting it.

  8. It’s crashing because every “in the know” blowhard was promising 150k btc (at a minimum) by early 2022 finishing off the 4 year cycle with a blowoff top. 4 year cycle is dead because it’s now in the public consciousness. And yeah. The majority is usually wrong.

  9. <<Since the end of last year, I feel that inflation has been priced in the crypto market. Because they are market makers, these manipulative rodents are constantly two steps ahead of everyone. I'm hoping I'm wrong and they won't continue to dump it on individual investors as they have in the past. Those that hang on to their profits for the longest will profit the most; I trade and hold profits. Continue to do a fantastic job! Collin Jianlin has also been doing an excellent job studying all charts, trades, and tactics on BTC, which has helped my portfolio increase to 17 BTC recently. >

  10. Isn’t Bitcoin at the same price it was 12 months ago? Meaning it actually had 0% gain in 1 year technically? Unrealised gains are not gains at all!

  11. Isn’t BTC supposed to be an inflation hedge. It should be spiking then. Also, at the threat of war? It while be up for that. Seems like Peter Shift, or whatever his last name is right, that is just speculation.

  12. How's bitcoin doing with high inflation ? I thought it was a great hedge … Lol. Its not a hedge its nothing but a speculative risk on super volatile asset that tracks the nasdaq

Comments are closed.