42 sats \ 4 replies \ @grayruby 21 May \ parent \ on: Stacker Saloon
I think we will be doing pushups for awhile.
I don't see 100k anytime soon. Maybe I will win the snail bet.
reply
Yes, I am in a tight spot. And I agree that fiat price can rip quickly. I just think with this eth etf now we are either going to see a period where everyone focuses on eth for awhile and bitcoin consolidates or the eth etf will prove to be dud and we will see a major unwind of the leverage piled on in the last couple days and that will take bitcoin down with it at least in the short term. I still think the folks that have Oct/Nov in the snail bet are in the best spot but I could see some weakness in the short term. Especially with summer coming in tradfi (sell in May and go away).