RE: RE: Did I Get Liquidated On My Short Position Against Bitcoin?
You are viewing a single comment's thread from:

RE: Did I Get Liquidated On My Short Position Against Bitcoin?

Words
194
Reading
1 min
Listen
Play
7d

Yeah, i think Bitcoin will likely go to $160K at least by the end of 2029.

I accurately said multiple times last cycle that I was only banking on $120K Bitcoin and we went to $126K so that was a solid projection. Way better than the guys predicting $250K or $350K tops for last cycle.

I do feel like there will be continued distractions partially away from just Bitcoin which will limit it and while it seemed that for a minute people were excited for Lightning Network, Runes, Ordinals .... we aren't hearing as much about that. Lightning network transactions partially confuse people.

All that being said I can understand someone holding BTC and trying to put the blinders on and just keep stacking but also i understand wanting to stay in USDC for a bit for the lower entry.

For me personally I have to be more active currently and trade around in the trenches and take the risk of getting sidelined on a trade or having something pump and run away from me.

I get if someone doesn't need the money to just keep stacking and fight through the pain of the dips.

@brianphobos: Yeah, i think | Ecency