![Harold O'brien](/data/avatars/l/16/16303.jpg?1715880145)
Harold O'brien
they/them
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I'm assuming it's because taxes are due on April 15
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yes surely all of america is pulling out money at the exact same time for taxes, and not because WW3 news are trending and people are panicing like little bitchesI'm assuming it's because taxes are due on April 15
obviously that didn't help, but it was predictably a nothingburger and the gigadump commenced before that news brokeyes surely all of america is pulling out money at the exact same time for taxes, and not because WW3 news are trending and people are panicing like little bitches
also you say this ironically, but this is literally what happens. assets need to be sold and portfolios rebalanced so firms have liquidity to cover taxesyes surely all of america is pulling out money at the exact same time for taxes,
Due to hawkishness and the WW3 stuffI'm assuming it's because taxes are due on April 15
i would add, natural/common cycle to the list as wellDue to hawkishness and the WW3 stuff
I see it as such also.Exactly as expected
It will quiet down for a few months
Parabolic run in Q4 after rate cuts
Buy alts in July/August
You should have dumped your alts two years ago tbhI see it as such also.
Only thing worrying about this, is that there seems to be to much concensus? Of this happening. Which would or could fuck it up from happening.
I feel tempted to dump all.my alts now.
True that. But I didn't sold all my alts back than nor bitcoin. Since I didn't expect that double top pattern in late 2021, and expected 1 more jump up in december 2021 or early 2022. And than git wrecked basically.You should have dumped your alts two years ago tbh
Thanks. Makes sense yeah."everyone thinks it will happen so it won't happen" logic only applies at the extremes of the cycle (beginning and end), not in the middle of the cycle
The sheeple walk off a cliff at the end of the cycle but they can be right until then
Only things going up are the commodity markets, dollar index is up, equities taking a dump, especially NASDAQ and NVIDIA, flows into gold. Rate cutting delays and general risk off sentiment. Tensions between Iran-Israel, and to an extent Russia-Ukraine, aren't helping things.I'm assuming it's because taxes are due on April 15
The halving thing (which I think is complete now?) was imo one of the only things keeping crypto stable last week. Now that it's old news, I expect downtrends.True that. But I didn't sold all my alts back than nor bitcoin. Since I didn't expect that double top pattern in late 2021, and expected 1 more jump up in december 2021 or early 2022. And than git wrecked basically.
Thanks. Makes sense yeah.
yeah, happened yesterday orso. I saw.The halving thing (which I think is complete now?)
Yeah. Could be true.was imo one of the only things keeping crypto stable last week. Now that it's old news, I expect downtrends.
I'm long BCH now because it broke out of a range. My trading is pretty rules based, all the macro forecasting aside.yeah, happened yesterday orso. I saw.
Yeah. Could be true.
I saw newcomers last week's, talking about the halving will cause an quick pump and so on. Asif they figured out something new, that not many people know. While it's a given fact, that should alreadylargelybe priced in by now. And historically speaking, there wasn't any significant pump short after the halving, asif it's some shock event. It usually takes some time, for the halving thing, on the supply side and miners side, to starts it's effect.
To add also. Each halving will have less effect, as before, on the supply factor.
Price action matters the mostI'm long BCH now because it broke out of a range. My trading is pretty rules based, all the macro forecasting aside.