This doesn’t seem good if price is down and fees are low will we have miner capitulation?
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2Pac
2PacStackur@sovrnbitcoiner.com
npub150q6...en2h
Fiat maximalist
Interestingly, enough silver has been on a rally lately. That is outpaced gold.
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99% would rather hear a complete bullshit and hopium fueled bullish prediction.
Then a realistic technically based bearish prediction.
But you can’t always get what you want…
Now trading at $83.95
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If it can continue its uptrend during bitcoins decline I suspect that there will suddenly be an increase of bitcoiners who slowly then suddenly really care about ring signatures, stealth addresses and FCMP will argue that tail emissions are akin to gold “inflation” which has not hurt it as a store of value for 1000s of years.
To be an effective hunter you must be able to tell the difference between a bull and a bear. Your hunting tag isn’t good for both.
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Below 80K we’ll move into “Anxiety” phase where we’ll probably chop around in the 70s for a while.
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Bitcoin down 2.5%
MSTR down 7.5%
3x downside
If you’re losing sleep and stressed about bitcoin dropping and your stomachs is in knots and you feel it in your core. Don’t just suppress it and repeat mantras to keep you doing nothing. Your emotions are signals telling you something, if you feel the above your body is telling you, you are over allocated, you have exceeding your risk threshold. Don’t panic, the answer is already there in your mind, you just need to listen to it.
This is a perfect example of a bear market. In a bear market bullish news gets shrugged off and price still dumps. In a bull market bearish news get shrugged off and price still rips. Because price represents what actual buyers and sellers are doing now regardless of news or sentiment.
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