David Gerard on Nostr: Bitcoin goes up, so it must come down. What goes into the price of BTC? by Amy Castor ...
Bitcoin goes up, so it must come down. What goes into the price of BTC?
by Amy Castor and David Gerard
https://amycastor.com/2024/03/19/bitcoin-goes-up-so-it-must-come-down-what-goes-into-the-price-of-btc/Bitcoin has set yet another new all-time high — $73,835 on Coinbase BTC-USD on March 14. This means bitcoin is good now! All our past objections are resolved. Going forward, we only deal in Finances U Desire.
The number is up, but the market is still super-thin. BitMEX BTC-USDT had a flash crash on Monday evening to just $8,900.
We’re not in a bubble. We’re in a balloon, one being pumped full of hot air. It’s fun going up — but the trip down can be very quick.
Published at
2024-03-19 22:29:01Event JSON
{
"id": "b7a1783a7ff7d9c4c1aa2722613073f030c3550dd96245dd5b3b5685aca54cc1",
"pubkey": "b659839c038b03f72862e0c78e4106dc80b75c6e9257c5e2690d2488ba14659a",
"created_at": 1710887341,
"kind": 1,
"tags": [
[
"proxy",
"https://circumstances.run/users/davidgerard/statuses/112124712822851506",
"activitypub"
]
],
"content": "Bitcoin goes up, so it must come down. What goes into the price of BTC?\n\nby Amy Castor and David Gerard \n\nhttps://amycastor.com/2024/03/19/bitcoin-goes-up-so-it-must-come-down-what-goes-into-the-price-of-btc/\n\nBitcoin has set yet another new all-time high — $73,835 on Coinbase BTC-USD on March 14. This means bitcoin is good now! All our past objections are resolved. Going forward, we only deal in Finances U Desire.\n\nThe number is up, but the market is still super-thin. BitMEX BTC-USDT had a flash crash on Monday evening to just $8,900.\n\nWe’re not in a bubble. We’re in a balloon, one being pumped full of hot air. It’s fun going up — but the trip down can be very quick.\n\nhttps://circumstances.run/system/media_attachments/files/112/124/711/100/425/179/original/0e14e6f719513a8d.jpg",
"sig": "fd7aecd855871e013e46c7abaff39393dfbf605d9566fd4dd3a05b32b268d3778aa51798ed63d6fb82db0d3c5de1635da9770110f8a83de51c27cdc7f19f52f4"
}
