What the hell is just happening right now… I was scrolling through the sub, being sad and upset in regards to the current Russia/ Ukraine dilemma and suddenly my phone goes rogue and start vibing… Bulls are going crazy and a blood bath is turning into fresh Green grass ?
So, short squeeze, dead cat bounce, bull trap ? You named it, I’m all ears… I don’t believe we’re back on track when seeing the current scenario and I believe more bloodbath is on the way before the current “green” fades away…
What do you think and what’s your play ?
First time here dude?
We get bullish with every 5% up and bearish with every 5% down.
It’s crypto bro, this market never makes sense and I don’t believe the people who say otherwise.
No one knows what the fuck is going on.
Just DCA and go about your day
Putin bought the dip.
NASDAQ has swung to +2.5% after being -3.5% this morning
My theory is traders trying to profit from the news and then closing their positions, institutions saw the dip and bought more, tbh in this economy any asset is better than holding cash
I think a lot of people are buying after the initial fear
Probably a ton of Shorts being leveraged due to War Conflict expecting crypto/stocks to go down. Exchange insiders are sent in to liquidate the leveraged shorts, hence a spike up.
I wouldn’t be surprised if this mini trend (down then up then back down and up) continues until more clarity with the warmongering and US interest rates hikes. I suspect at least another month.
New investors are always too quick to come to conclusions and think markets are quick to turn around- either way. It takes time, people with lots of money (aka no one on Reddit) need clarity and calm before investing.. and in the near future this isn’t happening.
Russia just legalised crypto to circumvent the sanctions
Don’t panic buy. Let things settle
Not for ADA tho.
funny how stock market crashed all over the world except NYSE
Volatile market, we have these ups and downs. Don’t fall into any traps trying to predict the market, continue your usual strategy.
i was planning to go in holidays in Russia lol.
I bought Bitcoin to spend there.
**Looks some whales bought some crypto..!**
Buckle up, Russian oligarchs are buying BTC, $100k by the end of the week 😂
Dead cat bounce
Maybe war in Ukraine was priced in, markets got spooked when it actually kicked off, then markets saw the West will so fuck all, so buisness as usual.
It’s an unfortunate fact that war is bullish for the economy.
To everyone that sold last night looking for a lower entry point:
This is exactly why you dont do that.
Your first mistake is looking for an explanation.
This is crypto. There are no explanations.
I swear the market is a sadistic asshole who just loves to fuck with all of us
I took the small pump, I’m expecting mr ping to add Taiwan to cart soon so I’m holding out fully re-entering the market until he does. Gonna be pissed if he chickens out
Back on track for Btc to 100k by 2021
I have given up on trying to understand ANYTHING.
I would vote for the dead cat bounce.
Everyone’s accepted the inevitable invasion and moved on
Russian Ruble is the lowest value in history. Maybe people are converting to Bitcoin
It’s all speculative trading. I’m surprised people haven’t figured this out yet. Even in the last crypto winter period 2018-2020 you had periods of 100-200% gains.
War is profitable unfortunately
Looks to me like a Royal Gamut Flush which will be followed by a Hot Potato Hustle and a loooong Freezer Burn.
I’m going to hold because I don’t know how to sell my crypto for fiat.
Once Biden did his press conference and announced that Russian banks would be banned along with severe sanctions, along with less reliance on Russian oil, the entire Market jumped up and got green. Some economics guy on Bloomberg stated that even in the past during major war events such as Pearl Harbor and Vietnam, the markets only crashed 5%. Due to how erratic the crypto market is, multiply times 2 and that’s what we got (about 10%).
None of this has to do with the upcoming crypto winter however, so expect another drop before we see another crypto bull rush.
Whales buying the dip. I would assume we will see several waves of this until the market settles and we crab walk for a while.
Well.. There seem to be alot of fiat currency issues coming up. Talk,of kicking Russia out of international banking program,called swift.. I think bitcoin or all Crupto really might be a more safe option for a lot of people outside of the us to hold right now
Bears got beat by the bulls
We are going to the moon 🚀🚀🚀
people realized BTC don’t care
war fear= down starting war= up… history repeats… it’s like buy the rumor sell the news’s… I was expecting this move today
Well, almost everything was at its lowest in almost six months, people started buying.
Soon we’ll find out that Putin has put most of his and Russia’s money into crypto and we’ll see some once-in-a-lifetime candles…
“What is happening right now?” I don’t know.
Bitcoin is doing its job.