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RE: Daily Crypto Markets Live Blog: The Quest For 10K Comments Continues (06/10/22)

in #leomarkettalk2 years ago

It could go there, but Bitcoin never does what it is expected of it. All those pushing to 20 K aren't that different than the moonboys who were expecting 100 K last year.

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No forecasting is near impossible. That is why traders have stop-losses in place, because moves are not always how they expect.

That said, we know what the overall macro environment is like. How much a role does that play in the markets is what is really unknown.

To me, BTC and crypto will follow equities. If they get crushed, we are still in a risk off environment.

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