What value actually represents $BTC ? Please comment. I'm c | Trusting nobody on Binance Square

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What value actually represents $BTC ?
Please comment. I'm curious of your thoughts.

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BTC

102,110.19

-6.19%

496

0

Replies 0

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Trusting nobody

@papa2137

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Everyone! Lower your expectations! You won't earn 1000x what you've invested! When you buy coin hold it for a while! It won't go up 10 times it's value in 24 hours. Be patient and build your wealth over time. $BTC $ETH $XRP

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Why $BTC halving should cause it's price fall? In normal circumstances halving should only increase #BTC price. Every known event in normal market is already considered into price even if it didn't happen yet. The only 2 reasons I see is market manipulation and people unawarness what halving actually means. Combining both and we have a huge dump.

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It's very funny how everyone is doing their analysis based on some charts, patterns etc. While the reality is a bit different. Market is unpredictable and it's dependent on people. People sentiment might change everything. No matter what magic chat or 4h candles say. $BTC $ETH $SOL

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How can altcoin season starts when almost all coin prices follow $BTC ?

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This altcoin season won't be driven by Bitcoin price! Most of altcoins might not break it's previous ATH! Why is that? First of all, Bitcoin ETF money won't flow into altcoins, it just can't. They will sell Bitcoin into USDT and claim profits. Secondly, look at altcoin's marketcap. During years there have been vestings, prizes and other things that incease inflation. The more coins the less probability that there is significal gain. $XRP $ICP $EOS

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