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77 sats \ 6 replies \ @freetx 10h \ on: Crypto's Year Turned Into Crazy Crash (WSJ, Kevin Dugan & Vicky Huang) econ
Nic is right... nothing_ about it makes sense
Bitcoin has always had sizeable corrections after big runs. None of this is mysterious....
Price goes up 3x People take profits Price falls People who bought at top now harvest tax-losses at year end This exhibits further downward pressure
By Jan / Feb I'm willing to bet that price will be back up ~110k.
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132 sats \ 0 replies \ @Undisciplined 10h
In addition to the normalcy of corrections after runups, we had the unwinding of the unsustainable treasury company fad and Square increasing bitcoin spending.
I haven't seen anything about the volume of new spending at Square terminals, but I did write about how it might reduce purchasing power.
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66 sats \ 3 replies \ @denlillaapan OP 10h
ok, bro. Let's find out. How much sats we betting?
@remindme in 2 months
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44 sats \ 2 replies \ @freetx 10h
5000?
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77 sats \ 1 reply \ @denlillaapan OP 10h
sounds good.
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0 sats \ 0 replies \ @Solomonsatoshi 6h
https://beta.predyx.com/market/bitcoin-price-will-be-usd110000-or-above-on-1159pm-january-31-2026-according-to-coinbase-new-zealand-time-1763841090
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0 sats \ 0 replies \ @Solomonsatoshi 6h
Ladies and Gentlemen
Please put your money where your mouth is and Place Your Bets!
https://beta.predyx.com/market/bitcoin-price-will-be-usd110000-or-above-on-1159pm-january-31-2026-according-to-coinbase-new-zealand-time-1763841090
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