9 Comments
User's avatar
Jayson's avatar

Happy 104k!

Expand full comment
Daily Crypto News's avatar

Fuck

Expand full comment
Jayson's avatar

Matt, we will be at 105 this Sunday.

Expand full comment
Daily Crypto News's avatar

Won’t be happy about that 🤦‍♂️

Expand full comment
Jayson's avatar

We’re not even in septemBER yet. I mean, we went from 125 to 108 in a week. 108 to 105 isn’t even a rounding error; it’s an inevitability. Somebody with a access to leverage is going to short the shit out of it this holiday weekend. Happy Labor Day, guys!

Expand full comment
Daily Crypto News's avatar

Happy labor day

Expand full comment
Daily Crypto News's avatar

What are your thoughts if we go below 105

Expand full comment
Jayson's avatar

My bags of BTC are locked up in self-custody IRA via unchained. While I can sell/buy tax free, I'm not fussing around w/ all of that. If I'm being honest w/ my self, at least in the short term, we very easily retest 90-100k which can happen in the blink of an eye w/ a JP speech or some black swan tweet from the prez in September. IMHO, the reason why retail isn't here is because they're literally having to finance door dash orders because retail is broke af and has $0 to invest (high unemployment? Low wage jobs? High inflation?). Everything is way over valued and we should already be in a large correction...but as some BTC talking heads said all of 2024, they believe we will collapse, but instead of down...we collapse up, and I GUESS I can somewhat see that happening next year when the prez stacks the fed, but the time between septemBER and May? Well, that could be ugly af, frfr, no cap, on gawt SHeeeeeeSH!

Expand full comment