Hihi, I love how some poeple talk calmly and post TA for 30k, like, well you know, it could happen but just a while ago, anyone would have said that would have been ridiculed and called every bad word in the urban dictionary.
So, what did really change between December let's say, and now to make a 30k price possible? Why was the thought of 30k ridiculous and now it's fairly possible? Because of a fake scare in Kazakhstan, because of the rumors of a FED rate hike of what, 0.25%-0.5%? That's why we have a 10% drop in a week and an 18% one in 30 days? Common, this is just silly, why 30k and not 20k for example, why not even 10k if we're going down, let's just do it, lol! There is no basis for any of those movements, just like looking at the picture now, there would be no basis for a jump back to 60k, right, what would be needed for that at this point to truly reflect market conditions?
I would understand if somebody would call 68k am overpriced peak that was driven by speculation and FOMO, but a return to prices under January 2021 makes really no sense at all.
Most expected one among the huge people. Because many holding their money in dollars to inverse and get profit from it. The investment also look like gambling. But the investigation is difference between the investment and the gambling. Investigation is key to get the wrong and right of the trading profit.