Are prices falling like this due to recent US inflation data? because if so... I will never be able to understand how all this works based on the macro market...
What seems to happen is: the inflation data was released and psychopathic traders around the world started selling everything automatically? this seems so strange to me... what kind of investors do this?
that's how it works? Can someone more experienced explain?
I will explain that if you try to figure out some short term explanation for BTC price movements, you are wasting your time.
You must get a grip on yourself robin.
Prepare your lil selfie for either BTC price direction or neither, all at the same time, and in terms of that preparation, have a plan for what you are going to do if any of the directions play out at any given time.
Or follow additionally what the dude said.
[edited out]
Yes! I finished my capital transition to bitcoin in DEC 2022, INFINITE HODL... only DCA lately week, I'm not even going to sell anytime soon, maybe a little at 100k, but I would like to understand the modus operandi of the movement
No one can explain you the MO of BTC's price movement, and if they say that they can, then they are lying.
Generally speaking over a long enough period of time, BTC prices tend to go up. It is not guaranteed, but that is how it has historically played out and it is likely to continue to play out.
In other words, BTC's investment thesis is not getting any weaker with the passage of time.
