Bitcoin Price Ignores $2.3T Fed Cash as Pundit Warns of ‘Sucker Rally’

Fed rolls out trillions in loans

“The Fed’s role is to provide as much relief and stability as we can during this period of constrained economic activity, and our actions today will help ensure that the eventual recovery is as vigorous as possible.”

Commentator: BTC is staging a “sucker rally”

“The $6,900 shorters got stopped out & flipped long, while the $7,700–8,000 shorters are waiting. More and more people turning bullish, giving me indication that liquidity is beneath us. Let’s see.”

“I just think it’s cute how some of you about to burn their account over some textbook sh*t. Let me be very clear. THIS IS A #Bitcoin SUCKER RALLY!”

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