Im no conspiracy theorist but a wild idea popped into my head and I wanted to publish it in the event Im correct. So here it is:
Since
BTC hit $100k and the super whales have been buying up coins left and right, maybe they are forcing the market/price down to lower any 2024 tax burden on capital gains from those holdings and on January 1st, 2025 the Bull Run will kick off full speed ahead.
Theres probably some truth to this and im sure someone has proposed this idea but if so I haven't read it. Im just a frustrated retail trader thats been fucking pissed at the market lately. Ive lost money on what should have been good trades but since BTC is bipolar for no apparent reason Im in the red.
LFG 2025!
Since
BTC hit $100k and the super whales have been buying up coins left and right, maybe they are forcing the market/price down to lower any 2024 tax burden on capital gains from those holdings and on January 1st, 2025 the Bull Run will kick off full speed ahead. Theres probably some truth to this and im sure someone has proposed this idea but if so I haven't read it. Im just a frustrated retail trader thats been fucking pissed at the market lately. Ive lost money on what should have been good trades but since BTC is bipolar for no apparent reason Im in the red.
LFG 2025!
Order cancelled
I was wrong. Didnt factor Trump's low IQ economic takes into the equation.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.