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RE: Silvergate?

in LeoFinance2 years ago

Im with you on the bull trap theory, Im no trader or expert but in my ignorant opinion just by looking at the price seems BTC could reach 27 - 29k to then go back down to 15 - 12k, I have been buying once a month or every 15 days depending on my paycheck but soon will have liquidity to buy more often, we are in that anger stage to then slowly bleed preparing for the disbelief rally, that as long as war doesnt get worst or something global affect the markets

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The range I'm targeting is $45k-$50k but it's more about where we are in mid May than anything else.
Summer chop should give us plenty of time to take gains.

If its anything like 2019 then 50k to then 20k range sounds good, dont think it would be the same since there was COVID that drump all markets but still over 50% drop will put many into dispair and medication