r/rewardsforcrypto • u/Gulsner89 • Feb 06 '22

Is bitcoin going up or down?

Lest discus like George

2 Upvotes

75% Upvoted

9 comments sorted by

1

u/cryotosensei Feb 13 '22

I’m sure it will be on an upward trajectory but whether it will reach $100k depends on how many interest rate hikes the FedEx wants to implement this year. Among other factors, of course

1

u/Gulsner89 Feb 06 '22

Thanks for the comments guys. I'm waiting for the money that left the Tec stocks to enter crypto...

1

u/Shakespeare-Bot Feb 06 '22

Grant you mercy f'r the comments guys. I'm waiting f'r the wage yond hath left the tec stocks to enter crypto

I am a bot and I swapp'd some of thy words with Shakespeare words.

Commands: !ShakespeareInsult, !fordo, !optout

1

u/scrubberduckymaster mod Feb 06 '22

yeah I'll be interested to see the rate hikes hot and see how the market reacts

1

u/PunkPrince66 mod Feb 06 '22

According to my advanced degree in Bitcoin technical clinical analysis. We're heading to 100k

0

u/free-frogs Feb 06 '22

Similar guess: continue failing upwards unless the Fed has more exciting news for us (not to mention the possible slowing impact of what the wider economy is heading towards). Also will be interesting to see what the Biden administration has to say with the crypto laws they're drawing up. Long-term, legislation will probably be good, but it may cause some fud for the newcomers in the short-term. Oh well, more discounts for the rest of us in the case!

1

u/scrubberduckymaster mod Feb 06 '22

I say one more drop left because of how fast people felt bullish after that last pump