Topic: Everything is on FIRE today! - page 3. (Read 490 times)
You just can't attribute all the price increases to BlackRock alone. BlackRock already filed for an ETF before the price increased. And why do you underestimate the filings of the likes of WisdomTree, Invesco, BitWise, and others? They have billions under their names. It is even possible that the FOMO is caused by the decision of all these huge companies to file for an ETF almost simultaneously. Such effect on the price wouldn't have happened if there's only that applied even if it's BlackRock.
After all the negative news SEC has brewed in the last couple of days, this news right here has pretty much soaked everything in and we might just forget about them for now.
What a rebound for Bitcoin, when all hope was lost and an eminent bloodbath for crypto...markets just rebounded back into life, and am hoping we can get into the $35k to $40k range just to send a message to these guys trying to bring crypto down.
Yesterday's and today's market movement, which I believe is not just a result of the ETF news but a collaboration of both the good news of ETFs and that of EDX, is what's bringing this instant market pump. A lot of people want to bag more and hold before the initial launch of the EDX exchange, which they believe will have a positive impact on the market since it's being backed up by strong firms that are supposedly worth billions of dollars.
I believe in a short time this market will rapidly correct itself, or it may be good to take this opportunity to fill in the gap and dump created by the SEC drama.
After all the negative news SEC has brewed in the last couple of days, this news right here has pretty much soaked everything in and we might just forget about them for now.I believe in a short time this market will rapidly correct itself, or it may be good to take this opportunity to fill in the gap and dump created by the SEC drama.
What a rebound for bitcoin, when all hope was lost and an eminent bloodbath for crypto...markets just rebounded back into life and am hoping we can get into the $35k to $40k range just to send a message to these guys trying to bring crypto down.
Yeah, June seems to be very bad for us historically, but this is very different. When we thought that it might go down or at least sideways at $26k-$28k, suddenly in the last couple of days, the market seems to be on fire and on FOMO.
And yes, we could really smell FOMO here, those who don't want to buy when the price is $26k, is now buying at $30k because they think that the market will continue to go up. Lol, that is the very basic definition of FOMO and I wouldn't be surprised is that is what happening in the market right now that's why the price suddenly went up to $30k in 48 hours.
I think it's obvious that this is just FOMO, but it will have to start from something, so when the BlackRock Spot ETF application come to surface, everyone wanted to be on board and that's why the price simply skyrocket for the past 2 days.
However, we have experienced this price before, we have hit $31k so this is just a retest. And it's just a question on whether now if we can sustain this run because of the FOMO and then go up $32k++. So it's too early to get excited, in my opinion.
For sure though, those who have been buying at a cheap price is very happy to see their portfolio growing.
However, we have experienced this price before, we have hit $31k so this is just a retest. And it's just a question on whether now if we can sustain this run because of the FOMO and then go up $32k++. So it's too early to get excited, in my opinion.
For sure though, those who have been buying at a cheap price is very happy to see their portfolio growing.
as it would not surprise me if another round of FUD made it to the markets to slow down the growth of bitcoin once again.
Even if it's not now. Fud now looks like something normal to the crypto market. When it looks like the pressure of one is going down and the market is trying to recover so hard, there comes another, as if it's been manipulated by some organization gathered somewhere. Just take a good look at the Luna incident, which resulted in a great market dump. On the FTX exchange, the same thing happened. Now the SEC is suing, etc. It's just something normal now but what matter is how the market keeps on recovering after all this. It keeps bouncing back stronger.
After all the negative news SEC has brewed in the last couple of days, this news right here has pretty much soaked everything in and we might just forget about them for now.
What a rebound for bitcoin, when all hope was lost and an eminent bloodbath for crypto...markets just rebounded back into life and am hoping we can get into the $35k to $40k range just to send a message to these guys trying to bring crypto down.
Good to see the market recovering and starting to enter the $30k price area. What a rebound for bitcoin, when all hope was lost and an eminent bloodbath for crypto...markets just rebounded back into life and am hoping we can get into the $35k to $40k range just to send a message to these guys trying to bring crypto down.
This is a significant increase when previously the bitcoin price crashed due to binance.us legal dispute with the SEC.
But when everything is over and it is clear, Bitcoin starts to recover again.
My hope is that Bitcoin in July will be able to stay above the price of $30k so that it will have the opportunity to go higher to reach $40k.
This will apply when there is no more FUD, but when FUD starts to attack again then the market will be disrupted.
We will still see some corrections and that is quite natural because some corrections are needed so that the market is not saturated and can go even higher.
Yesterday's and today's market movement, which I believe is not just a result of the ETF news but a collaboration of both the good news of ETFs and that of EDX, is what's bringing this instant market pump. A lot of people want to bag more and hold before the initial launch of the EDX exchange, which they believe will have a positive impact on the market since it's being backed up by strong firms that are supposedly worth billions of dollars.
I believe in a short time this market will rapidly correct itself, or it may be good to take this opportunity to fill in the gap and dump created by the SEC drama.
After all the negative news SEC has brewed in the last couple of days, this news right here has pretty much soaked everything in and we might just forget about them for now.I believe in a short time this market will rapidly correct itself, or it may be good to take this opportunity to fill in the gap and dump created by the SEC drama.
What a rebound for bitcoin, when all hope was lost and an eminent bloodbath for crypto...markets just rebounded back into life and am hoping we can get into the $35k to $40k range just to send a message to these guys trying to bring crypto down.
Yesterday's and today's market movement, which I believe is not just a result of the ETF news but a collaboration of both the good news of ETFs and that of EDX, is what's bringing this instant market pump. A lot of people want to bag more and hold before the initial launch of the EDX exchange, which they believe will have a positive impact on the market since it's being backed up by strong firms that are supposedly worth billions of dollars.
I believe in a short time this market will rapidly correct itself, or it may be good to take this opportunity to fill in the gap and dump created by the SEC drama.
After all the negative news SEC has brewed in the last couple of days, this news right here has pretty much soaked everything in and we might just forget about them for now.I believe in a short time this market will rapidly correct itself, or it may be good to take this opportunity to fill in the gap and dump created by the SEC drama.
What a rebound for bitcoin, when all hope was lost and an eminent bloodbath for crypto...markets just rebounded back into life and am hoping we can get into the $35k to $40k range just to send a message to these guys trying to bring crypto down.
Yesterday's and today's market movement, which I believe is not just a result of the ETF news but a collaboration of both the good news of ETFs and that of EDX, is what's bringing this instant market pump. A lot of people want to bag more and hold before the initial launch of the EDX exchange, which they believe will have a positive impact on the market since it's being backed up by strong firms that are supposedly worth billions of dollars.
I believe in a short time this market will rapidly correct itself, or it may be good to take this opportunity to fill in the gap and dump created by the SEC drama.
Whether ETFs news or EDX news, Technically Bitcoin is already set for a bounce back, If you have good knowledge of technical analysis you would understand that this news event looks programmed or planned to move the market when it gets to a retraceable point, think about why the news event came out after we've tested a support level, Also when we hit 30k resistance there was an event that brought us down the clogging of the meme pool, the market is a game and the biggest speculators best know how to play it, this is why I use news events to confirm market direction after my TA.I believe in a short time this market will rapidly correct itself, or it may be good to take this opportunity to fill in the gap and dump created by the SEC drama.
Whether FA's been showing positive
There's no way that we could be able to tell on whats the exact reason on why this market is really moving that way. One sure thing that happened recently on which we've seen SEC vs Binance issue plus other
negative things happened too on which it did really make some effect into the market on which we did really make out some decrease but now we've been seeing some positive news which
Applications for ETF and other things on several companies and other putting themselves in line. Im not really that shocked when it comes to market manipulation.
Yesterday's and today's market movement, which I believe is not just a result of the ETF news but a collaboration of both the good news of ETFs and that of EDX, is what's bringing this instant market pump. A lot of people want to bag more and hold before the initial launch of the EDX exchange, which they believe will have a positive impact on the market since it's being backed up by strong firms that are supposedly worth billions of dollars.
I believe in a short time this market will rapidly correct itself, or it may be good to take this opportunity to fill in the gap and dump created by the SEC drama.
Whether ETFs news or EDX news, Technically Bitcoin is already set for a bounce back, If you have good knowledge of technical analysis you would understand that this news event looks programmed or planned to move the market when it gets to a retraceable point, think about why the news event came out after we've tested a support level, Also when we hit 30k resistance there was an event that brought us down the clogging of the meme pool, the market is a game and the biggest speculators best know how to play it, this is why I use news events to confirm market direction after my TA. I believe in a short time this market will rapidly correct itself, or it may be good to take this opportunity to fill in the gap and dump created by the SEC drama.
Yesterday's and today's market movement, which I believe is not just a result of the ETF news but a collaboration of both the good news of ETFs and that of EDX, is what's bringing this instant market pump. A lot of people want to bag more and hold before the initial launch of the EDX exchange, which they believe will have a positive impact on the market since it's being backed up by strong firms that are supposedly worth billions of dollars.
I believe in a short time this market will rapidly correct itself, or it may be good to take this opportunity to fill in the gap and dump created by the SEC drama.
I believe in a short time this market will rapidly correct itself, or it may be good to take this opportunity to fill in the gap and dump created by the SEC drama.
Who is EDX?
Explains a few things... Interesting bitcoin cash is their mix, explains why it rocketed up.
https://www.benzinga.com/markets/cryptocurrency/23/06/32930271/institutional-only-crypto-exchange-edx-markets-debuts-with-support-from-major-financial-fi
Actually, I have no idea about them and the edx that I've thought is the one that's educational and more with online courses. It's good that I've got now an idea on who they are, so based from the article they're an exchange for institutional players.Explains a few things... Interesting bitcoin cash is their mix, explains why it rocketed up.
https://www.benzinga.com/markets/cryptocurrency/23/06/32930271/institutional-only-crypto-exchange-edx-markets-debuts-with-support-from-major-financial-fi
IMHO: this way too much way too fast, it will settle back like you said
It is nothing new and not shocking but we do get overwhelmed whenever we see Bitcoin moves like this. It's like it's been such a long period of time until it had move a couple of thousands from the stable price that it had been or from the price during where the Binance news were around. I can still remember when it was like the barrier($30K) that's unbreakable a few months ago.
This kinda happened quietly
"Crypto investors have drawn succor from the start of a digital-asset exchange, EDX Markets, backed by firms including Citadel Securities, Fidelity Digital Assets and Charles Schwab Corp. Separately, BlackRock Inc. and WisdomTree Inc. have applied in quick succession to launch spot US Bitcoin exchange-traded funds."
https://finance.yahoo.com/news/bitcoin-hits-six-week-high-031406669.html
Who is EDX?
Explains a few things... Interesting bitcoin cash is their mix, explains why it rocketed up.
https://www.benzinga.com/markets/cryptocurrency/23/06/32930271/institutional-only-crypto-exchange-edx-markets-debuts-with-support-from-major-financial-fi
IMHO: this way too much way too fast, it will settle back like you said
"Crypto investors have drawn succor from the start of a digital-asset exchange, EDX Markets, backed by firms including Citadel Securities, Fidelity Digital Assets and Charles Schwab Corp. Separately, BlackRock Inc. and WisdomTree Inc. have applied in quick succession to launch spot US Bitcoin exchange-traded funds."
https://finance.yahoo.com/news/bitcoin-hits-six-week-high-031406669.html
Who is EDX?
Explains a few things... Interesting bitcoin cash is their mix, explains why it rocketed up.
https://www.benzinga.com/markets/cryptocurrency/23/06/32930271/institutional-only-crypto-exchange-edx-markets-debuts-with-support-from-major-financial-fi
IMHO: this way too much way too fast, it will settle back like you said
There can be some push because of those news about application for ETF and it's not just Blackrock but also WisdomTree, I don't have idea about the latter but it seems another huge company as per my research it has got $87 billion globally of AUM. Other than these news, I don't see anything that can push the prices but it's all due to these fundamentals and good news that we're seeing right now. While those past news about SEC hunting Binance US, Coinbase and more news about Binance negatively globally, it had pulled the market and now these Bitcoin ETF applications and news are likely the reason why we're seeing the sudden push of Bitcoin. But are we going to be surprised with these if it's normal that it surprises us with a bump and then with the typical dumps that we've been?
As of this writing our beloved Bitcoin is on fire as well as it's derivatives and shitcoins.
Rate hikes immanent and market backing up a bit.
The Blackrock ETF as they have a 500 to 1 SEC success rate.
Solid ground for sound money or is this a FOMO perfect storm?
I can understand the BR ETF exciting the market (the others are crappy spot ETF apps)
But why is the market other than BTC on fire? One must dial back the optics and look at everything.
Is this FOMO? As in another thread have we decoupled?
Trying to understand why the whole spectrum is overheating.
Silver/Gold is dropping as well that trade generally opposite of BTC.
What's going on?
Rate hikes immanent and market backing up a bit.
The Blackrock ETF as they have a 500 to 1 SEC success rate.
Solid ground for sound money or is this a FOMO perfect storm?
I can understand the BR ETF exciting the market (the others are crappy spot ETF apps)
But why is the market other than BTC on fire? One must dial back the optics and look at everything.
Is this FOMO? As in another thread have we decoupled?
Trying to understand why the whole spectrum is overheating.
Silver/Gold is dropping as well that trade generally opposite of BTC.
What's going on?
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