OP03-12-2020, 03:31 AM
(This post was last modified: 03-16-2020, 03:11 AM by JinxyHF.)
I think this market will crash hard dudes. 30-90 days.
Time of writing btc at 7.6k.
Coronavirus panic. Fears of global recession. World economy can get slapped pretty hard here.
Major events are being canceled. NBA season canceled + other sporting events. Music events + E3 canceled. NCAA tournament not open to the public. Schools are closing indefinitely. Politicians/celebrities are getting sick.
To keep this next reason short so I'm not writing a book, I'm just gonna say all the btc shit in China. If you're not a monkey, you know what I mean.
Stock market hasn't crashed this hard in over 10 years.
If btc fails support at 7.6k, we could see a drop to as low as 3.5k, that's what a chart analysis will tell you anyway.
Is btc really a safe haven? If you need a safe haven, are you gonna toss your cash into a high risk volatile investment like bitcoin? Or toss it into something more stable?
I cashed probably over 90% of my portfolio. Tell me why I made a bad choice?
EDIT: Shit, it crashed a couple hours after I made the thread. Thought it would start in a couple weeks. Still.
EDIT: If 3.6 support fails, we see 2.5k.
FINAL EDIT: I think btc is going into the fuckin dirt. Time of edit btc @ 5.1k. March 16th.
'07er
ro0ted
'07er
ro0ted
'07er
ro0ted
'07er
ro0ted
Time of writing btc at 7.6k.
Coronavirus panic. Fears of global recession. World economy can get slapped pretty hard here.
Major events are being canceled. NBA season canceled + other sporting events. Music events + E3 canceled. NCAA tournament not open to the public. Schools are closing indefinitely. Politicians/celebrities are getting sick.
To keep this next reason short so I'm not writing a book, I'm just gonna say all the btc shit in China. If you're not a monkey, you know what I mean.
Stock market hasn't crashed this hard in over 10 years.
If btc fails support at 7.6k, we could see a drop to as low as 3.5k, that's what a chart analysis will tell you anyway.
Is btc really a safe haven? If you need a safe haven, are you gonna toss your cash into a high risk volatile investment like bitcoin? Or toss it into something more stable?
I cashed probably over 90% of my portfolio. Tell me why I made a bad choice?
EDIT: Shit, it crashed a couple hours after I made the thread. Thought it would start in a couple weeks. Still.
EDIT: If 3.6 support fails, we see 2.5k.
FINAL EDIT: I think btc is going into the fuckin dirt. Time of edit btc @ 5.1k. March 16th.
'07er
ro0ted
'07er
ro0ted
'07er
ro0ted
'07er
ro0ted
