1 BTC = $8.2k, it’s up 735% this yr UPDATE 5/19: BTC @ $42k :damn:

Koichos

Koichos

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Koichos said:
$232 billion in sidelined fiat has entered the total market cap in the past 3 days, likely people waiting for the right economic environment (e.g., rate cuts) to risk their dollars.
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Another $166 billion in the past 4 days. And retail still has $2.96 trillion sitting in money markets (https://www.ici.org/research/stats/mmf).
NmcWYDM.png
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Gloxina

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Koichos said:
Another $166 billion in the past 4 days. And retail still has $2.96 trillion sitting in money markets (https://www.ici.org/research/stats/mmf).
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Any fear of a major pull back? I think Tom Lee said to expect one coming up, but basically we’ll just have a higher low…just because we’ve been moving so there will eventually be some sort of pullback or correction, but I can’t tell if he meant like OCT or end of Q4 or what…
Overall I guess the sentiment is to stay in our positions…but I wonder
 
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Koichos

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Gloxina said:
Any fear of a major pull back? I think Tom Lee said to expect one coming up, but basically we’ll just have a higher low…
Click to expand...
There will always be corrections along the way to allow newcomers a chance to buy in, but expect them to lessen in both frequency and strength the more risk-on we get.

Gloxina said:
just because we’ve been moving so there will eventually be some sort of pullback or correction, but I can’t tell if he meant like OCT or end of Q4 or what…
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Global M2 (see my post #60,426) peaks October 9 and then falls into a downtrend until the first week of November where it finds its bottom before heading back up again.

Gloxina said:
Overall I guess the sentiment is to stay in our positions…
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I’m quite happy in mine, but that’s ultimately a decision you have to make for yourself. I have a staggered grid of sell limit orders ranging between $125k - $150k on BTC and $5.5k - $7.5k on ETH just waiting to be hit. Once CBBI reaches 90 that’s my signal to start aggressively scaling out until its time to start buying back in sub-10 CBBI.

Gloxina said:
but I wonder
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About..? We’re heading into the most bullish month and sitting at 92% for another 25 basis points being cut.

Having your TP and SL set beforehand should help quell these thoughts. Everyone should be utilizing them.
 
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Gloxina

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Bushmaster69 said:
Clearing & Settlement
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Click to expand...
So Black Rock already has a coin ready lol


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Gloxina

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Definitely hold this but I haven’t thought about it in a bit.

Think I’d be happy if it got to 6 cents, let alone back to its all time high or beyond
 
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