Quote:
Originally Posted by Malsua
This is a result of the threat to BTC whales by the current administration proposal on capital gains .
If I were sitting on a pile of BTC, I'd be attempting to unwind some of it now at the current rate.
It's also a good time to buy some BTC relative to the recent market, so I bought $100 this morning. heh.
It's all speculative to me, so I'm not particularly worried if it drops back significantly.
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I believe it will drop back to the $30-33K range before rallying forward again. I can certainly live with that given we initially bought less than $3K per Bitcoin. HODLING for sure....corrections are not ONLY in Cryptos......jumping on the Dogecoin now for some REAL gains.