Is Bitcoin safe long term?
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Date: November 18th, 2025 4:06 AM Author: Lab Diamond Dallas Trump
It's a slow controlled bleed right now, being led by US trading hours. I assume major players (institutions/market makers) got fucked up during the october flash crash and are trying to sort their shit out, but who knows how long it will take. The azns were trying to buy the dips but capitulated after a few weekdays of being dumped on by the US.
Who knows how long this goes on for. If you want to buy, you need to average in. Normally if I was going to average in on a slow bleed though, I'd want it to be bleeding slower and more signs of bottoming, not multiple percentage points every day. Don't be fooled by weekend recoveries because they are not at the volume needed to counteract the prevailing trend of US institutions dumping. Just being able to hold a price for a couple of days during US hours would be a good sign.
I'd only buy a lot at once in in the middle of an apocalyptic liquidation cascade. It was still pretty expensive during the october crash, but another big wipeout from here would probably see a lot of value buyers stepping in and be a lot more likely to be the bottom.
Keep eyes on Dec fed meeting. Rate cut is 50/50 so whatever move is made won't be priced in and should move the price bigly.
(http://www.autoadmit.com/thread.php?thread_id=5797077&forum_id=2/en-en/#49439979) |
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