Targeting #btc at $19K for a massive balls to the ..

@ProtonWhale

3 yrs

Targeting #btc at $19K for a massive balls to the wall buy

12:26 PM·May 18, 2022 ·Translate

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@moray

You think there is that much slack in demand relative to the amount of #btc being sold? I mean, if your limit order triggers, I'd assume you'd make pretty quick bounce profit.... but I don't see a $19k in btc's future - especially since the markets have already digested the TerraUSD meltdown and probable advent of at least some sort of stablecoin regulatory framework.... IMO ?

· Reply · 1652894413

@ProtonWhale

If the bear market holds and MicroStrategy gets close to a margin call it could get even bloodier than 19K in my opinion

· Reply · 1652897267

@metal

Next support levels are $19k and $14k and TBH what I have learned after 13 years in crypto is that whatever you expect the least is the most probable outcome. The more people that become aware of the of the potential bottom the less likely it will happen. However, it’s important to note we are in a global macro economic meltdown with stocks hemorrhaging, so factor that in.

· Reply · 1652899467

Lee Yarom

ProtonWhale

Marshall ℙ Hayner