Ruh Roh

٣٠ يونيو ٢٠٢٢

Capitulation town, here we come!

The 200 MA has been broken, and leveraged longs are triggered.

It's the first time this has happened in Bitcoin's history. The bottom has just dropped out.

I'd guess we hit 10k before I'd throw some bids out.

٣٠ يونيو ٢٠٢٢

ملاحظة

Also: a question I asked on my twitter a few days ago:

genuine question for bitcoin ppl

when all the coins are mined, who tf is going to secure the network

it's not like miners will continue working to earn txn fees which are worth 0.1% of the current reward scheme...


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Is it possible we see crypto thrive in the coming decade and bitcoin disappear? How max pain would that be 🤔