Where will Bitcoin go!?
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It’s all about the technical analysis. Ride that trend.
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Sg-Jin : Liquidations again
SpyderCall Sg-Jin: are more exchanges halting trading today? Are their any other cryptocurrencies crashing today? Why is everybody selling so much again today?
Sg-Jin SpyderCall: Margin calls. Exchanges some of them froze withdrawals and such. Liquidity crisis.
That shitcoin Luna impact on crypto is big.
Retail sentiment down by a lot.
SpyderCall Sg-Jin: agreed
KingNY-Life Sg-Jin: If the general environment is bad, there will be no more market
Sg-Jin KingNY-Life: Will the fed keep raising interest rates at the expense of the general population?
2-3 months will be uncertain then the printer goes brr. We all know it ;)
KingNY-Life Sg-Jin: Interest rates will continue to rise as long as inflation does not come down, because of the general election at the end of the year, so there is no chance before the end of this year.
Revelation 6 SpyderCall: There are a lot of people in panic mode and rightfully so. When you buy on credit and the margin call comes in reality sets in. I don't play with margin but I have been known to help my close friends pay the rent and eat until payday because they do. So I guess in a roundabout way I do get margin calls. Lol
Revelation 6 KingNY-Life: I think that's a correct assessment of the situation at hand.
Sg-Jin Revelation 6: Haha u a good man to help those on margin. Well u know who your friends are when you are down. When you are up everyone will want to be friends
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