Is that a dead-cat bounce on the daily?!?
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Sentiment tracker (2021) 2 replies
DislikedNot looking like a dead cat anymore. Looks more like a recovery and rocket to $100K. {image} Dear Lord, did I just sell my emergency stash for half price? Am I destine to be a pitiful BTC hater?!?Ignored
Disliked{quote} Dip your toes back in the water! Still plenty of upside from here and a new tax efficient option to trade BTC coming Monday.Ignored
DislikedI'm putting the odds at 80% that the rally is over, ie we're not going to see $70K this year.Ignored
DislikedIf BTC keep moving off Coinbase at the rate they have over the last 5 months, the exchange will have 0 BTC left to sell in 454 days.Ignored
Disliked78.3% of the Bitcoin supply is either lost or held by wallets that have no history of selling. This is what conviction paired with absolute scarcity looks like. {image}Ignored
DislikedAre we looking at customer deposits here? Sounds like you're saying more about how much Coinbase sucks than you are about BTC price.Ignored
DislikedThere are several ways to interpret that stat, and most point to the fact that BTC has little utility.Ignored
Disliked{quote} Yes. Customer deposits continue to outflow from Coinbase. This chart in reinforcing the supply shortage argument.Ignored
Disliked{quote} Putting it at a coin-flip now. The fact that buyers were so brave on that dip tells me this thing has legs, but then I harp again on the question: who's left to buy? I'm missing something about BTC these days, so I guess it's fitting that I have no position. {image}Ignored
DislikedPeople are moving away from BTC to ETH. {image} At least to previous level with red line. All see that... Why keep BTC?Ignored