If Bitcoin Can’t Hold $60K, Bombs Away

Bitcoin goes red on @OJRenick’s #RiskRadar because a breakdown through $60k would be a big step to fulfilling his view that a bearish divergence is developing on the long-term chart.
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[@Judge247]

I recommend becoming familiar with the BTC four year cycle before trying to sound knowledgeable about the highs and lows. And the reason BTC behaves decoupled from equities is that BTC is a finite commodity….like gold, but finite. Just as commodities don’t generate earnings, nor does BTC. However, as fiat currencies inflate to the sky, BTC will increase in relative value due to scarcity and permanence. I’m happy you’re excited about the BTC discussion, but a bit more basic info wouldn’t hurt before we go passing judgment on the day to day performance. Best of luck…

[@sfdsfda]

Btc sold its soul to Wallstreet. The movements are not gonna be what they used to be.

[@zacharyradford5552]

An unregulated completely digital “currency” is finite compared to a genuine real resource like gold.

[@agaragar21]

Also everyone is just waiting for September when the agreed climb to the moon will occur...so till then .....churn !

[@Robc2007]

if you want to be positive could see a cup or handle or head and shoulders setting up

[@weho_brian]

people selling their trashcoins to buy nvda

[@RoganJoeExperience]

Lose the music…