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60 sats \ 1 reply \ @l0k18 24 Jul 2023 \ on: Bitcoin's price will face a reckoning before horn gore. It's going to $15k bitcoin
Ponzi collapses always means a dump of btc to usd. I think every maxi has been waiting patiently for the next round of financial shocks to start the ethereum avalanche (avalanche, solana, all the other eth adjacents, tron. yawn.)
I dunno about the dump to 15 tho. The USD is sorta strong at the moment but BRICS next month and I expect the next leg down for the West's markets, ie, dollar down. Less willing sellers, because they don't like the strings attached. So I'd say more likely 22 minimum from this point, but it may well just hold in the 2% or so band it's been for months.
If you are holding dollars, you are short Bitcoin
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