Aug. 30 at 1:43 AM
$BTC.X I hope you are right. Would love to get some 74K bitcoin again. Buying the etfs long and short and such a lucrative play the way it moves up and down. Would LOVE to load up more longs in the 70s. Buy bitcoin, hold. Buy the long etfs and short etfs (blackrock's
$IBIT and
$BITI) and free money. The difference this time from all cycles is big money is involved, they bought up so much, unlike in the past, big money doesn't have paper hands and will hold regardless. They do not lose money, and will hold until 0 and buy the rest. That's just how it works. In the past cycles, it was mostly retail, and we sell, fold, panic, etc. Different cycle, I believe a much higher low than 74K. But I hope I'm wrong!