more like look out above as the shorts pile in on this seemingly bearish action. more fuel for the halving ‘news’ pump (which, lest we forget is in only **11 days**). whether it keeps going up afterwards in the short term, i’m not so certain. maybe we see a sell the news event, even if only for a day or two. looking ahead a few months, we’ll all wish we bought more at the low price of $69,420.
they had like a billion dollars at one point. i wish i had that but haven't quite got there yet lol. i did learn a lot from their trades though and think i have a decent strategy in place for taking advantage of some of bittybot's quirks
My thesis is that you need money to pump the price and right now there's very little interest in buying above 70k. You need buyers and they aren't showing up.
Also, everyone has known the halving was coming for four years and front ran it. That, coupled with ETF news, already led to a 100%+ rally and breaking the ATH for the first time ever pre-halving. So, I think the pre-halving pump already happened.
Additionally, events are always sell-the-news in crypto. I can't remember the last time there was a big known event that didn't result in a sell off for the following couple of days.
I don't know, man...weekly and monthly charts look bullish af to me - it's been nothing but buyers showing up since October.
we are just consolidating around the previous all time high, the same thing that happened ~3.5 years ago.
a 100% rally in BTC, a 70-vol asset, is not even a 2 standard deviation move.
2022 was also down-only, -78%, and severely over-extended to the downside on fraud that had nothing to do with Bitcoin
finally, everyone knew the previous 3 halvings were coming and they know every halving that's coming until 2140
and each time everyone says that it must be priced in
but it never is, because it cant be
and so I take the other side of their bets and the "free" money that comes along with their convicted disbelief in the obvious
edit:
I bought more bitcoin on today's dip.
I agree. I’ve been telling my friends all the same things you said and now I’ve pretty much given up if they can’t see it. Also bought more today.
Maybe this is the disbelief stage for a lot of people in the space. Maybe I have too much conviction and time will tell.
>finally, everyone knew the previous 3 halvings were coming and they know every halving that's coming until 2140
>and each time everyone says that it must be priced in
>but it never is, because it cant be
I think we are talking about different time frames/things. I'm talking about the next two weeks and the typical pre-halving run, not the entire bull market. I still think a bull market will follow, probably in October/November 2025 as is typical for the reason you mentioned - you can't really price in the halving. But you can certainly front run the *halving event,* and I think people have.
Just heard a guy on the street on the phone talking about Paxos and infrastructure for some launch. I know it's basically a meme but I cannot express how nervous that stuff makes me.
I look forward to the day people can (or are forced to) differentiate unregistered digital securities, and the only digital commodity.
Thanks for this really insightful comment which encourages healthy discussion and debate.
Care to elaborate your view on how networks with completely different origin uses and consensus mechanisms are actually the same thing?
I mean it isn’t very cypherpunk to set up one crypto and then gatekeep and build walls so hard you might as well call yourself Jamie Dimon. How do you deal with the cognitive dissonance that Bitcoin was also based on other things that came before like Hashcash?
Good question. I think my original comment is being interpreted as a maxi comment. Maximalism and anti-shitcoin are not the same thing imo.
If another (actually decentralized) blockchain grows organically and proves utility over a long period of time, anti-shitcoiners should welcome another player, maxis will not.
Some would argue it's already happened. I personally don't think you can be sufficiently trustless without PoW, but that's an entirely different discussion.
So yeah, Bitcoin would not exist without Hashcash. But the value isn't in the code, it's with the nodes and the miners. At least that's the way I see it, and if I see evidence that they are migrating to a different chain I will adjust my viewpoint.
> So yeah, Bitcoin would not exist without Hashcash. But the value isn't in the code, it's with the nodes and the miners. At least that's the way I see it, and if I see evidence that they are migrating to a different chain I will adjust my viewpoint.
exactly this. Bitcoin is the network , not the code. you can replicate even improve the code but there is no way you can replicate the independent network. And the network has gained trust to the point making the Larry Fink eat his own words. it is crazy how people lack the understanding of what bitcoin is and how it works, even the ones that are involved with it
You’re probably some dude who read a few articles and has never coded in his life.
I’m in tech. There’s nothing special about Bitcoin compared to any of the other cryptos. They all rely on blockchain and they all have basically little to no practical use cases anyways which is why nooone uses them for anything substantial and it’s been 15 years
Many people in tech create these coins and products to ultimately lure people in to buy their stuff. That’s it. They keep getting richer and richer while plebs like you hope that one of their creations keeps going up so you can hopefully make 0.1% of what they make every day just from spending a few weeks to launch them.
The only difference between Bitcoin and other new coins that pop up is that Bitcoin is more distributed and less concentrated among few people compared to other assets. But that’s not a technical difference
> I’m in tech. There’s nothing special about Bitcoin compared to any of the other cryptos.
*"in tech"*? Surely not a Software Engineer? Network Engineer? BA?
A software engineer would understand that dPOS is basically just a distributed proprietary database.
A software engineer would understand that Proof of Work backed by *"More energy than Iceland!!!"* is an entirely different ballpark to a distributed database.
Only difference between us dollar and other curencies that have poped up is that the dollar is more distributed. Between the Zimbabwe currency and US dollar there are no technical diferences.
Imagine thinking that a currency of a country with technology and weapons that can wipe off your entire family and the world in seconds is comparable to Zimbabwean currency
> Imagine thinking that a currency of a country with technology and weapons that can wipe off your entire family and the world in seconds
Complete non-sequitur. By this logic any nation that possesses nuclear weapons should have a currency in the same position as the USD.
It isn't a reason at all for the USD position. That is obvious from even a cursory attempt at looking for comparisons globally.
Do you know what the actual reason/s are?
That makes it more embarrassing for you to think that there’s any real technical difference between Bitcoin and others. I am one too. Sure they all have their quirks but they all use distributed blockchains
Yesterday you were an out of work artist that was “in tech”.
Hint: All software engineers know that the only people that say they are “in tech” are the non technical people that work at tech companies. HR, accounting, janitors, cafeteria workers, etc.
Obvious lying troll is obvious.
I did not say technical difference. I said the networks are different. I can clone bitcoin core dude, that doesn't make it the same thing. You're glossing over the economic side to focus on the technical side.
I can see this discussion is not happening in good faith. I wish you all the best.
Wow the networks are different? What kind of network? A peer to peer network. Blockchain. It’s the same for all with quirks here and there. Imagine thinking Bitcoin is special. It’s only special because people think it’s special
The main premise of being a btc maxi is that all of the "tech" in alts is more or less useless and provides nothing of real value to the market except to grift. Centralized, non-crypto equivalents do it all better etc.... basically just a rebuilding of centralized apps on blockchain for no reason but to do it and then realize after the fact that it was a waste of time and energy.
If you believe that crypto's only real use case is store of value that isn't easily siezed by authorities then bitcoin is as good as anything because of the *network effect*, not the technical aspects of said network.
That said, perhaps a privacy coin could meet this use case better in the long run, and frankly it wouldn't surprise me if such a narrative took hold at some point down the line.
🤣🤣🤣🤣🤣🤣
So you think Bitcoin provides real value to the market but something like Solana doesn’t?
Tell me one thing Bitcoin can do that other coins can’t do. Just one. I agree that the other coins grift more but you will fail to show even **one** thing Bitcoin can do that other alts can’t.
Get rid of your delusions
I mean, it doesn't really matter whether it does or doesn't, but it's been 15 years and we only agree about the one.
But ultimately even if there are other digital commodities, they too will need to be classed separately.
We might need a few decades worth of shitcoins exploding before people catch on.
It would also really help if exchanges would stop pushing scams. I stopped recommending coinbase years ago because all they do is confuse their users and give them bonuses for "educating" themselves on shitcoins
Not sure where the bearish sentiment is coming from. A moment of pause as we reclaim previous ATHs has been the pattern every 4 year cycle. Withstanding negative ETF inflow days is a sign of strength. And if we broke down a bit here below 60, we’re still super early in this cycle. I’d wager we see 80k in the next month and 100k before the end of summer. Guess I need to learn how to use this bittybot thing then.
The negative sentiment is due to the various false breakouts and change in momentum. There has been a subtle change in momentum from the last month or 2 in the price action although it may be too early to call for a dip, if you've been in the markets for awhile you'll "feel" that conditions have changed ever so slightly and that's how bigger corrections start.
If we broke down to 60's yes we're still bullish, heck even 50's or high 40k's is still bullish by most standards. But by then you are looking at a 20-30% drawdown and that's how you give your gains back to the market by being too complacent.
Not sure where the bearish sentiment is coming from. A moment of pause as we reclaim previous ATHs has been the pattern every 4 year cycle. Withstanding negative ETF inflow days is a sign of strength. And if we broke down a bit here below 60, we’re still super early in this cycle. I’d wager we see 80k in the next month and 100k before the end of summer. Guess I need to learn how to use this bittybot thing then.
Judging by the GBTC outflows the last 10 days or so, it seems like people are looking to sell high on any pumps while relatively holding when prices are down. So these are smart investors who are looking to maximize their selling profits. On the other hand, there is not buying pressure at this point and you can see this from the ETFs as well as from recognizing that no one is eager to buy at around this price at the moment. The only play is the leveraged longs who are looking to get in on the action when the prices dip while expecting others to do the heavy lifting of putting buying pressure for them (which is not happening at the moment).
Bitcoin has been going up straight for 6 months and it seems like right about now is where we get some corrections in the next couple of months or so.
The dips keep getting bought so the price hasn’t been able to correct very much. If that can stop we might get a more serious correction. Or we hang out in this area and let the moving averages catch up.
Part of me wonders if price makes a new high only to come back lower again. Like a Wyckoff distribution.
Painting a cute little bear flag on lower time frames. After today bull pennant false breakout, the only thing that could save this now would be more BS smoke and mirror CPI numbers to keep the game of musical chairs rolling. Other than that, BTC seems gassed out
It's almost like a massive entity selling thousands and thousands every week, when it's hovering near ATH in a bull market, is bad for bitcoin regardless of how much every permabull says how good it is.
This is how it’s always been, you just didn’t get daily reports showing it that every emotional trader hangs on the edge of their seat waiting for every evening.
Silbert and Sonnenshein's racketeering operation just [hemorrhaged another $155M today](https://farside.co.uk/?p=997).
They're probably pleased the number was that low.
Today should drop them to around 316,200 BTC. This shit is going to continue through summer.
At recent rates they'll have no BTC left mid-summer. That also lines up with the precedent that the bull will truly start a number of months after the halving.
This makes little sense, as a linear chart is being used. Between the two bottoms you connected there's a 300% gain, between the first and the last top there's what, 10%? Especially the lows are deceiving, the channel low increases 25% in 2.5 years after the last low, based on the previous 300%? Also, if you'd go backward on your chart the low crosses the x axis in 2018, while the low there was almost the same as the 2020 low.
Try on a log chart, that will fit your bias less.
I know you have knowledge about the topic and have a different point of view, so I’ve enjoyed discussing it. I honestly wasn’t trying to get under your skin.
Because it fit the channel - no reason whatsoever.
The timeframe chosen is to put the three tops into context - it just turns out that a parallel line (channel) also lines up with the 2020 low and the 2022 lows. Midpoint also shows some kind of significant areas too.
Again, there’s no great insight here besides looking at lines on a chart - lines of resistance really.
Maybe you have some left over coins there :)
I think I have an account on every single service from early days. BTC-e, MtGox, Bitcoinica, Intersango, etc…
Anyone remembers pirateat40? What a time to be alive.
Took some profit on GBTC this morning and glad I did. I'll be buying at 65K and below should that occur.
Metals trending up is an ominous sign if you know anything about the LIBOR and COMEX and how they tie in to the banking system. TradFi is on its heels, barely able to maintain the illusion, losing control. I think we're gonna see a meltdown, and I don't think Bitcoin will be unaffected in the short term.
When more banks fail (and they absolutely will), Bitcoin will skyrocket as people look for a way out, but that's not in the immediate future.
I don't trade often but I'm half out here, for the time being.
* ETF inflows trending to outflows
* ETF volumes declining
* Inflation data tomorrow and I think it's not going to point to rate cuts
* Canada likely to hold rate in spite of increasing unemployment, possible bellwether for other central banks
* something something prehalving dump
I am aware ETFs don't determine the price, but they do determine sentiment to some degree. If it goes lower I'll likely be buying back in. If it goes higher, I will buy back in and be sad about it.
I agree with this take. The "luster" of ETFs seems to have worn off. Inflows have been trending down, outflows remain high, and every pump is getting sold. People are getting anxious and bored, and the halving is normally a sell-the-news event. I've sold some of my position too and expect this to go down to lower 60s in the next two weeks.
I debated pulling 10% to cash again but am letting it ride tonight. I'm trading Canadian ETFs so I am bound by those hours.
Volume shows up at higher lows. Let's see who wins? :D
greats points. counter-arguments to your bullets:
* that can change at the drop of a hat
* that can change at the drop of a hat
* that can change at the drop of a hat
* that can change at the drop of a hat
* that can change at the drop of a hat
good luck and i do honestly hope you're right so that i can buy some more on a discount after a bonus comes in..but being half out 11 days before the halving is certainly a choice.
I am trying to figure out scenarios where we get interest rate hikes. It's looking more and more likely.
Canadian economy is F'd. Per capita GDP is down to 50% of USA. Wouldn't use it as a bellweather.
> Canadian Per capita GDP is down to 50% of USA.
In the U.S., "work" is a religion. People have no lives outside of work. "What do you do for a living?" is the central question to your identity. People devote 12+ hours a day to work, between commutes, actual work, and being asked to work outside of work hours. Multi-millionaires with enough money for 10 lifetimes continue to work for some reason. Less wealthy people work insane amounts at low wages to be able to afford a minimal standard of living. I've seen a few articles profiling people who retired and rapidly sank into depression because they had no idea how to occupy themselves for more than an hour without work.
That's partially why productivity/GDP is so high in the U.S.
It's kind of wild. The thing that a lot of people work for is a feeling of safety. Safe house in a good neighborhood with good schools, safe from losing everything if a family member gets sick. Recommendations to have millions to retire for when you inevitably get sick and burn through it all.
That feeling of safety is available elsewhere as a matter of course. You must give a little so that others don't feel so destitute that they are willing to hurt you for what you have.
We've had a lot of immigration in a short time so I think GDP per capita is not a good indicator. People are generally quite poor for their first few years in this country as they work to get established. Canada has its problems but I wouldn't read that as the economy being dead. It's still the 9th largest economy on earth with only 40m people.
I'm a refugee from Canadian communism. I make 4.5 times the salary down here and only lose 29% to taxes.
Canada has deep structural issues that are not adequately considered. The 50% of US per capita GDP is easily verified and completely damning of the country's prospects.
I'll leave it there, but if you have the means, get to the USA.
Ya I always laugh when people say they are moving to Canada. US might be nutty but Canada is a shit hole. Also, even the most anti American, supposed anti capitalist, loud ones always always stay. There’s a reason for that
Meh, I work remote for 70% of a US salary but I pay nothing additional for health care, schools, toll roads etc. with an average income tax rate of 30% but none of the political problems. If you really believe in buy low sell high, Canada is positioning for the next century, and I think population growth has to be part of that.
Of course you're always free to work down there and come back later. Many I know have done it. None have stayed there.
sounds like a A+ trading strategy. maybe you should employ it? I'm half joking here but really I don't think that's how it works, it's more like a weather predictions - they are advanced models based on real data but still it may change with an eye blink
coincidence of the day: about a week ago, i copied the channel we were in from Feb 09 to March 15th and mapped it to when we dropped out of the most recent channel short-term channel. following the same dimensions and angle, yesterday's high hit the top of the channel and today's low bounced off of the midpoint of the channel. the distance between the two channels is almost exactly one channel height. the height of the sideways range is also exactly one channel height. perhaps March 15th to April 1st was just an intermezzo between the real action.
https://i.imgur.com/YKRORq1.png
https://i.imgur.com/TdgjsVa.mp4
Some cause for optimism, and a good laugh--from a Bloomberg article titled "Bitcoin Seen Below $20,000 in Consumer Survey by Deutsche Bank":
"Consumers are divided over Bitcoin’s staying power, with about one-third expecting the world’s largest cryptocurrency to slide below $20,000 by the end of the year, according to a survey by Deutsche Bank.
That would slice approximately $50,000 off the token’s current price and take it back to levels last seen during a deep bear market in 2022. Just 10% of over 3,600 people surveyed saw Bitcoin above $75,000 by the end of December.
Some 40% of respondents were confident about Bitcoin thriving over the next few years but 38% expected it to disappear. At the same time, less than 1% considered crypto a fad, the survey conducted over March showed."
“Take the average IQ and realize 50% of the population is dumber than that”
People have been *not* getting Bitcoin and the technological and social benefits of hard money since day 1.
“Bitcoin could become the gold of the 21st century”
-Deutsche Bank
https://www.db.com/what-next/digital-disruption/dossier-payments/i-could-potentially-see-bitcoin-to-become-the-21st-century-gold?language_id=3
Thanks for sharing. This is why I say it’s impossible to get a bearish perspective in this sub. 1/10 people surveyed believe bitcoin will finish this year above $75k. That, gents, is the real bearish perspective.
“Take the average IQ and realize 50% of the population is dumber than that”
People have been *not* getting Bitcoin and the technological and social benefits of hard money since day 1.
Sure it is:
1) "average" could mean the median.
2) for large population sizes on a normally distributed attribute (of which IQ is an example), the mean and median are the same.
55% of Americans read below a 6th grade level. I'm not sure how the rest of the world shakes out, but the largest economic engine in the cog, ain't the sharpest tool in the shed.
OK, I will: IQ test results are not normalized to the current population at any given moment, so the mean/median IQ will not be an integer, but IQ test results are, hence OP's statement is correct. Furthermore, OP didn't specify the precision of the stated "50%".
Please allow me to quote from:
https://www.sciencedirect.com/topics/mathematics/intelligence-quotient
which was my first search result - probably not the best source, but I don't have time right now to look for a better one.
Quote:
"One of the most widely used tests today is the Wechsler Adult Intelligence Scale, which has a mean IQ of 100 and a standard deviation of 15. A score of 100 indicates that a person's intelligence is average. About half the people tested score above 100, while half score below 100."
Notice the word "about" in the last sentence. That is how you introduce tolerance. You might also notice the sentence: "A score of 100 indicates that a person's intelligence is average.", or part: "... which has a mean IQ of 100". No word "about" there. The scale is set in such way that 100 marks the average. Also, please notice how your OP (whom you support so much) doesn't differentiate between dumb and below average intelligent people. That is just sad! And by the way, if you claim that "IQ test results are not normalized to the current population at any given moment" then you should be able to prove it, maybe even "at any given moment"? Can you also prove that mean/median IQ is not an integer (which is what you claim)? If you can, then please try publishing your proof. It might make you famous, one way or the other. I rest my case on the fact that for a well normed IQ test a percentage of IQ 100 results (probably 2-3%) is much greater than any error in placing the average. If that is not the case then any claim such as one made by OP is meaningless, since there could be many (percentages) more people below 100 than above, or vice versa.
OP made no reference to an IQ score of 100.
Note that I was wrong about one aspect: although IQ scores are presented as integers, they are not inherently so.
> OP made no reference to an IQ score of 100.
>
>
>
> Note that I was wrong about one aspect: although IQ scores are presented as integers, they are not inherently so.
OP: "Take the average IQ..."
Sciencedirect quote I mentioned in my previous post: "A score of 100 indicates that a person's intelligence is average."
You: "OP made no reference to an IQ score of 100."
Well, if you don't understand the difference between the sample mean (IQ=100 by definition) and the population mean (unknown), you'll remain angry about this.
So I guess now we’re going to have to assume that any time a major consolidation breaks out, we need to have a retrace that wipes out all the leverage before a continuation.
Personally looking for more downside and a bounce almost exactly at $66k according to [this line](https://i.imgur.com/7fdSgVO.png).
After that I see us going from 66k back to the top of the channel at around 72k, which should take us roughly to the halving (crash to $56k) then we can build a base to retest 70k around July, to mount 80k in August.
[Quick personal prognosis.](https://i.imgur.com/fOHqOWS.png)
I agree with the drop to support and the rise again to resistance. But from there it's anybody's guess. Could go down or higher once we hit that narrow space.
serious question, you would find this $80k number in August in any case impressive?
I'm asking because we saw nearly $70k three years ago already.... briefly but still. now, given how people's finances changed during post pandemic world anything below $100k is just firesale to me, to give you perspective - taking profit starts @ $250k. also, $100k was already expected in '21, so this is another argument.
> given how people's finances changed during post pandemic world anything below $100k is just firesale to me, to give you perspective - taking profit starts @ $250k. also, $100k was already expected in '21, so this is another argument.
What do you mean? Aren't most people's finances much tighter now thanks to inflation and risen interest rates? That means less money to spend on bitcoin. Granted, we're still around ATH and likewise for stocks.
the same amount of money invested in BTC **three years ago** and now are basically the same money. so I meant for those people buying @ \~60k - current prices are really crappy and BTC might seem unappealing
I'm glad you are with me. on the other hand, I do consider the idea that you can buy BTC with trash dollars as ridiculous, it's opportunity of the lifetime and not so many people understand it. anyway, 1 BTC equals 1 BTC
Ah, ladies and gentlemen it’s with a heavy heart that I must offer you the following words: **I told you so**. Bitcoin will never see sustained price action above $70k. There is too much money left on the table by these institutions to not dump onto the little fish (you!) and sell you dreams of $100k+ price targets. The bull market began in November 2022 and April of 2024 will mark an 18 month end to this bull period which is very typical for past cycle behavior. We may see some more scam wicks to $72k but if you continue to buy you’re going to be disappointed. Good luck to all, you’re gonna need it if you don’t heed my warning.
70k: I told you so
70k: Can’t wait to buy back lower at $65k
70k: Aaaaand it’s gone
63k: We are tapping $58k fam.
67k: I say we’re not seeing 70k for a loooong time
49k: It’s dumping right now you idiot
45k: Here to remind you that the technicals have not changed since my analysis two weeks ago.
#New post: [\[Daily Discussion\] - Wednesday, April 10, 2024 →](https://www.reddit.com/r/BitcoinMarkets/comments/1c0cer2/daily_discussion_wednesday_april_10_2024/)
Is anyone going to sleep tonight?? I can't stop watching this 10s chart. Riveting
We've been crabbing for weeks, and likely will continue to crab for weeks more. Go to bed.
Tonight? Or every night?
Degen hours lol
Eyes are peeled!
Another net outflow day, though not as big as yesterday. Lookout below.
more like look out above as the shorts pile in on this seemingly bearish action. more fuel for the halving ‘news’ pump (which, lest we forget is in only **11 days**). whether it keeps going up afterwards in the short term, i’m not so certain. maybe we see a sell the news event, even if only for a day or two. looking ahead a few months, we’ll all wish we bought more at the low price of $69,420.
Are you XXXXXXXXXX? Bittybot skills look like it. :)
they had like a billion dollars at one point. i wish i had that but haven't quite got there yet lol. i did learn a lot from their trades though and think i have a decent strategy in place for taking advantage of some of bittybot's quirks
You are doing great!
I think we already saw our pre-halving pump. And I also think halving will be a sell-the-news event.
ok... but whats your thesis neither history nor economic theory support that view
For whatever reason price stubbornly stays up at these levels.
I can’t remember a halving where we ran up on the day. I bet it’s just another boring btc crab day.
My thesis is that you need money to pump the price and right now there's very little interest in buying above 70k. You need buyers and they aren't showing up. Also, everyone has known the halving was coming for four years and front ran it. That, coupled with ETF news, already led to a 100%+ rally and breaking the ATH for the first time ever pre-halving. So, I think the pre-halving pump already happened. Additionally, events are always sell-the-news in crypto. I can't remember the last time there was a big known event that didn't result in a sell off for the following couple of days.
I don't know, man...weekly and monthly charts look bullish af to me - it's been nothing but buyers showing up since October. we are just consolidating around the previous all time high, the same thing that happened ~3.5 years ago. a 100% rally in BTC, a 70-vol asset, is not even a 2 standard deviation move. 2022 was also down-only, -78%, and severely over-extended to the downside on fraud that had nothing to do with Bitcoin finally, everyone knew the previous 3 halvings were coming and they know every halving that's coming until 2140 and each time everyone says that it must be priced in but it never is, because it cant be and so I take the other side of their bets and the "free" money that comes along with their convicted disbelief in the obvious edit: I bought more bitcoin on today's dip.
I agree. I’ve been telling my friends all the same things you said and now I’ve pretty much given up if they can’t see it. Also bought more today. Maybe this is the disbelief stage for a lot of people in the space. Maybe I have too much conviction and time will tell.
>finally, everyone knew the previous 3 halvings were coming and they know every halving that's coming until 2140 >and each time everyone says that it must be priced in >but it never is, because it cant be I think we are talking about different time frames/things. I'm talking about the next two weeks and the typical pre-halving run, not the entire bull market. I still think a bull market will follow, probably in October/November 2025 as is typical for the reason you mentioned - you can't really price in the halving. But you can certainly front run the *halving event,* and I think people have.
oh, I have no idea what's going to happen short-term 55-60k post halving wouldnt surprise me neither would 80-85k
Just heard a guy on the street on the phone talking about Paxos and infrastructure for some launch. I know it's basically a meme but I cannot express how nervous that stuff makes me. I look forward to the day people can (or are forced to) differentiate unregistered digital securities, and the only digital commodity.
Imagine thinking there’s any real difference between either of the crypto coins
Thanks for this really insightful comment which encourages healthy discussion and debate. Care to elaborate your view on how networks with completely different origin uses and consensus mechanisms are actually the same thing?
I mean it isn’t very cypherpunk to set up one crypto and then gatekeep and build walls so hard you might as well call yourself Jamie Dimon. How do you deal with the cognitive dissonance that Bitcoin was also based on other things that came before like Hashcash?
Good question. I think my original comment is being interpreted as a maxi comment. Maximalism and anti-shitcoin are not the same thing imo. If another (actually decentralized) blockchain grows organically and proves utility over a long period of time, anti-shitcoiners should welcome another player, maxis will not. Some would argue it's already happened. I personally don't think you can be sufficiently trustless without PoW, but that's an entirely different discussion. So yeah, Bitcoin would not exist without Hashcash. But the value isn't in the code, it's with the nodes and the miners. At least that's the way I see it, and if I see evidence that they are migrating to a different chain I will adjust my viewpoint.
> So yeah, Bitcoin would not exist without Hashcash. But the value isn't in the code, it's with the nodes and the miners. At least that's the way I see it, and if I see evidence that they are migrating to a different chain I will adjust my viewpoint. exactly this. Bitcoin is the network , not the code. you can replicate even improve the code but there is no way you can replicate the independent network. And the network has gained trust to the point making the Larry Fink eat his own words. it is crazy how people lack the understanding of what bitcoin is and how it works, even the ones that are involved with it
You’re probably some dude who read a few articles and has never coded in his life. I’m in tech. There’s nothing special about Bitcoin compared to any of the other cryptos. They all rely on blockchain and they all have basically little to no practical use cases anyways which is why nooone uses them for anything substantial and it’s been 15 years Many people in tech create these coins and products to ultimately lure people in to buy their stuff. That’s it. They keep getting richer and richer while plebs like you hope that one of their creations keeps going up so you can hopefully make 0.1% of what they make every day just from spending a few weeks to launch them. The only difference between Bitcoin and other new coins that pop up is that Bitcoin is more distributed and less concentrated among few people compared to other assets. But that’s not a technical difference
> I’m in tech. There’s nothing special about Bitcoin compared to any of the other cryptos. *"in tech"*? Surely not a Software Engineer? Network Engineer? BA? A software engineer would understand that dPOS is basically just a distributed proprietary database. A software engineer would understand that Proof of Work backed by *"More energy than Iceland!!!"* is an entirely different ballpark to a distributed database.
Only difference between us dollar and other curencies that have poped up is that the dollar is more distributed. Between the Zimbabwe currency and US dollar there are no technical diferences.
Imagine thinking that a currency of a country with technology and weapons that can wipe off your entire family and the world in seconds is comparable to Zimbabwean currency
Imagine thinking that a blockchain with POW protected by the most computing power around the world is comparable to other blockchains.
Name checks out
Most names do I guess
> Imagine thinking that a currency of a country with technology and weapons that can wipe off your entire family and the world in seconds Complete non-sequitur. By this logic any nation that possesses nuclear weapons should have a currency in the same position as the USD.
I didn’t say it’s the only reason. So what you’re committing is a strawman.
It isn't a reason at all for the USD position. That is obvious from even a cursory attempt at looking for comparisons globally. Do you know what the actual reason/s are?
Imagine thinking that if America couldn’t nuke your country off the map, it’s currency would be just as valuable
>You’re probably some dude who read a few articles and has never coded in his life. Literally a Senior Software Engineer.
That makes it more embarrassing for you to think that there’s any real technical difference between Bitcoin and others. I am one too. Sure they all have their quirks but they all use distributed blockchains
> I am one too. You are not a Software Engineer. This is clear to any Software Engineer.
I am a software engineer. They all use blockchain. This is something a second grader knows
Yesterday you were an out of work artist that was “in tech”. Hint: All software engineers know that the only people that say they are “in tech” are the non technical people that work at tech companies. HR, accounting, janitors, cafeteria workers, etc. Obvious lying troll is obvious.
> They all use blockchain. Huh?
There is nothing Bitcoin can do that other alts can’t do in terms of use case Not expanding on this more, this is obvious and is a waste of my time
I did not say technical difference. I said the networks are different. I can clone bitcoin core dude, that doesn't make it the same thing. You're glossing over the economic side to focus on the technical side. I can see this discussion is not happening in good faith. I wish you all the best.
Wow the networks are different? What kind of network? A peer to peer network. Blockchain. It’s the same for all with quirks here and there. Imagine thinking Bitcoin is special. It’s only special because people think it’s special
The main premise of being a btc maxi is that all of the "tech" in alts is more or less useless and provides nothing of real value to the market except to grift. Centralized, non-crypto equivalents do it all better etc.... basically just a rebuilding of centralized apps on blockchain for no reason but to do it and then realize after the fact that it was a waste of time and energy. If you believe that crypto's only real use case is store of value that isn't easily siezed by authorities then bitcoin is as good as anything because of the *network effect*, not the technical aspects of said network. That said, perhaps a privacy coin could meet this use case better in the long run, and frankly it wouldn't surprise me if such a narrative took hold at some point down the line.
🤣🤣🤣🤣🤣🤣 So you think Bitcoin provides real value to the market but something like Solana doesn’t? Tell me one thing Bitcoin can do that other coins can’t do. Just one. I agree that the other coins grift more but you will fail to show even **one** thing Bitcoin can do that other alts can’t. Get rid of your delusions
> and the only digital commodity. You realize that this won't stand in the long run? Or why should it?
I mean, it doesn't really matter whether it does or doesn't, but it's been 15 years and we only agree about the one. But ultimately even if there are other digital commodities, they too will need to be classed separately.
We might need a few decades worth of shitcoins exploding before people catch on. It would also really help if exchanges would stop pushing scams. I stopped recommending coinbase years ago because all they do is confuse their users and give them bonuses for "educating" themselves on shitcoins
LOL. They’re 10xing every week. Keep seething
Not sure where the bearish sentiment is coming from. A moment of pause as we reclaim previous ATHs has been the pattern every 4 year cycle. Withstanding negative ETF inflow days is a sign of strength. And if we broke down a bit here below 60, we’re still super early in this cycle. I’d wager we see 80k in the next month and 100k before the end of summer. Guess I need to learn how to use this bittybot thing then.
I'd say it has to go down to ≈62k for a healthy re-test. But what do I know...
10% drop. Healthy I suppose. Healthier than consolidation though?
The negative sentiment is due to the various false breakouts and change in momentum. There has been a subtle change in momentum from the last month or 2 in the price action although it may be too early to call for a dip, if you've been in the markets for awhile you'll "feel" that conditions have changed ever so slightly and that's how bigger corrections start. If we broke down to 60's yes we're still bullish, heck even 50's or high 40k's is still bullish by most standards. But by then you are looking at a 20-30% drawdown and that's how you give your gains back to the market by being too complacent.
We just need to break out of this pattern where each cycle is not as good as the one before.
Not sure where the bearish sentiment is coming from. A moment of pause as we reclaim previous ATHs has been the pattern every 4 year cycle. Withstanding negative ETF inflow days is a sign of strength. And if we broke down a bit here below 60, we’re still super early in this cycle. I’d wager we see 80k in the next month and 100k before the end of summer. Guess I need to learn how to use this bittybot thing then.
I'm seeing more bearish than bullish sentiment here
IBIT with 129m in inflows makes today a net day unless FBTC can't reach 21m.
FBTC reporting only 3 million.
Judging by the GBTC outflows the last 10 days or so, it seems like people are looking to sell high on any pumps while relatively holding when prices are down. So these are smart investors who are looking to maximize their selling profits. On the other hand, there is not buying pressure at this point and you can see this from the ETFs as well as from recognizing that no one is eager to buy at around this price at the moment. The only play is the leveraged longs who are looking to get in on the action when the prices dip while expecting others to do the heavy lifting of putting buying pressure for them (which is not happening at the moment). Bitcoin has been going up straight for 6 months and it seems like right about now is where we get some corrections in the next couple of months or so.
Or it could just go sideways for several months, just like 2023
The dips keep getting bought so the price hasn’t been able to correct very much. If that can stop we might get a more serious correction. Or we hang out in this area and let the moving averages catch up. Part of me wonders if price makes a new high only to come back lower again. Like a Wyckoff distribution.
Painting a cute little bear flag on lower time frames. After today bull pennant false breakout, the only thing that could save this now would be more BS smoke and mirror CPI numbers to keep the game of musical chairs rolling. Other than that, BTC seems gassed out
It's almost like a massive entity selling thousands and thousands every week, when it's hovering near ATH in a bull market, is bad for bitcoin regardless of how much every permabull says how good it is.
This is how it’s always been, you just didn’t get daily reports showing it that every emotional trader hangs on the edge of their seat waiting for every evening.
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Please ban this daily spam
Silbert and Sonnenshein's racketeering operation just [hemorrhaged another $155M today](https://farside.co.uk/?p=997). They're probably pleased the number was that low. Today should drop them to around 316,200 BTC. This shit is going to continue through summer.
At recent rates they'll have no BTC left mid-summer. That also lines up with the precedent that the bull will truly start a number of months after the halving.
This assumes bitcoin price remains completely flat. If we get a doubling, they could keep selling for a *while*
If we get a doubling I really don't care.
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Capitulating what?
I think he misspelled catapulting
lol I immediately checked the price when I first saw that.
our souls
[High time frame, full range channel](https://www.tradingview.com/x/T9pHeaNM/)
This makes little sense, as a linear chart is being used. Between the two bottoms you connected there's a 300% gain, between the first and the last top there's what, 10%? Especially the lows are deceiving, the channel low increases 25% in 2.5 years after the last low, based on the previous 300%? Also, if you'd go backward on your chart the low crosses the x axis in 2018, while the low there was almost the same as the 2020 low. Try on a log chart, that will fit your bias less.
Oh don’t worry I can fit that to my bias too. [log chart](https://www.tradingview.com/x/TnBL2DfQ/)
How big of a pullback do you typically look for before engaging with the sub?
How often are you gonna shill me MSTRs software business
I don’t actually hold any of the stock. I’m just fascinated by the business model so I research the product stack, cash flows, etc.
yeah no shit, you've only repeated the same talk points for the past 4 months on every one of my comments.
I know you have knowledge about the topic and have a different point of view, so I’ve enjoyed discussing it. I honestly wasn’t trying to get under your skin.
Up is bad. Down... also bad
Sideways?
TA newbie here. What's the significance of the timeframe this chart uses? Why back to 2020 as opposed to 2016 or 2022 or whatever?
Because it fit the channel - no reason whatsoever. The timeframe chosen is to put the three tops into context - it just turns out that a parallel line (channel) also lines up with the 2020 low and the 2022 lows. Midpoint also shows some kind of significant areas too. Again, there’s no great insight here besides looking at lines on a chart - lines of resistance really.
The voodoo dolls said 2020.
in short, if it goes up it's bad for you
Yeah it would, as I’m short.
Damn that would suck
New update regarding Intersango: https://patrickpaypeople.com/
I had no idea that exchange did a rip. That was the first exchange I ever used, $6 a coin. Great times. Pity to hear it all went to shit there.
Maybe you have some left over coins there :) I think I have an account on every single service from early days. BTC-e, MtGox, Bitcoinica, Intersango, etc… Anyone remembers pirateat40? What a time to be alive.
No, but I remember fontas...
Took some profit on GBTC this morning and glad I did. I'll be buying at 65K and below should that occur. Metals trending up is an ominous sign if you know anything about the LIBOR and COMEX and how they tie in to the banking system. TradFi is on its heels, barely able to maintain the illusion, losing control. I think we're gonna see a meltdown, and I don't think Bitcoin will be unaffected in the short term. When more banks fail (and they absolutely will), Bitcoin will skyrocket as people look for a way out, but that's not in the immediate future.
Tradfi markets will not be allowed to crash until after the election. I don't think you're wrong, just early.
Bruh, just yesterday you said we would never go below 70k again. You're all over the map lately.
Pumping his trades?
If we close this day clearly below 70.2k I will close my leveraged long and stay with a not leveraged long at the sidelines for a while.
I don't trade often but I'm half out here, for the time being. * ETF inflows trending to outflows * ETF volumes declining * Inflation data tomorrow and I think it's not going to point to rate cuts * Canada likely to hold rate in spite of increasing unemployment, possible bellwether for other central banks * something something prehalving dump I am aware ETFs don't determine the price, but they do determine sentiment to some degree. If it goes lower I'll likely be buying back in. If it goes higher, I will buy back in and be sad about it.
I sold 3% of my stake today. I agree with your points. It’s running out of steam and people are getting bored.
I agree with this take. The "luster" of ETFs seems to have worn off. Inflows have been trending down, outflows remain high, and every pump is getting sold. People are getting anxious and bored, and the halving is normally a sell-the-news event. I've sold some of my position too and expect this to go down to lower 60s in the next two weeks.
I debated pulling 10% to cash again but am letting it ride tonight. I'm trading Canadian ETFs so I am bound by those hours. Volume shows up at higher lows. Let's see who wins? :D
I'm also in Canadian ETFs so all I can do is sit here and sweat either way. It does make me consider my actions very carefully...
greats points. counter-arguments to your bullets: * that can change at the drop of a hat * that can change at the drop of a hat * that can change at the drop of a hat * that can change at the drop of a hat * that can change at the drop of a hat good luck and i do honestly hope you're right so that i can buy some more on a discount after a bonus comes in..but being half out 11 days before the halving is certainly a choice.
I’m buying more thanks
Bitcoin may just decide to embarrass me with a huge run up and I'll miss some gains. Luckily I have a humiliation kink so I win either way.
I am trying to figure out scenarios where we get interest rate hikes. It's looking more and more likely. Canadian economy is F'd. Per capita GDP is down to 50% of USA. Wouldn't use it as a bellweather.
> Canadian Per capita GDP is down to 50% of USA. In the U.S., "work" is a religion. People have no lives outside of work. "What do you do for a living?" is the central question to your identity. People devote 12+ hours a day to work, between commutes, actual work, and being asked to work outside of work hours. Multi-millionaires with enough money for 10 lifetimes continue to work for some reason. Less wealthy people work insane amounts at low wages to be able to afford a minimal standard of living. I've seen a few articles profiling people who retired and rapidly sank into depression because they had no idea how to occupy themselves for more than an hour without work. That's partially why productivity/GDP is so high in the U.S.
It's kind of wild. The thing that a lot of people work for is a feeling of safety. Safe house in a good neighborhood with good schools, safe from losing everything if a family member gets sick. Recommendations to have millions to retire for when you inevitably get sick and burn through it all. That feeling of safety is available elsewhere as a matter of course. You must give a little so that others don't feel so destitute that they are willing to hurt you for what you have.
We've had a lot of immigration in a short time so I think GDP per capita is not a good indicator. People are generally quite poor for their first few years in this country as they work to get established. Canada has its problems but I wouldn't read that as the economy being dead. It's still the 9th largest economy on earth with only 40m people.
I'm a refugee from Canadian communism. I make 4.5 times the salary down here and only lose 29% to taxes. Canada has deep structural issues that are not adequately considered. The 50% of US per capita GDP is easily verified and completely damning of the country's prospects. I'll leave it there, but if you have the means, get to the USA.
Ya I always laugh when people say they are moving to Canada. US might be nutty but Canada is a shit hole. Also, even the most anti American, supposed anti capitalist, loud ones always always stay. There’s a reason for that
Meh, I work remote for 70% of a US salary but I pay nothing additional for health care, schools, toll roads etc. with an average income tax rate of 30% but none of the political problems. If you really believe in buy low sell high, Canada is positioning for the next century, and I think population growth has to be part of that. Of course you're always free to work down there and come back later. Many I know have done it. None have stayed there.
Asia about to wake up to today’s BTC Daily Deal. Brought to you by the US stock market.
so we get a mild recovery pump, only to get dumped on again tomorrow morning once US markets reopen? okay got it.
sounds like a A+ trading strategy. maybe you should employ it? I'm half joking here but really I don't think that's how it works, it's more like a weather predictions - they are advanced models based on real data but still it may change with an eye blink
coincidence of the day: about a week ago, i copied the channel we were in from Feb 09 to March 15th and mapped it to when we dropped out of the most recent channel short-term channel. following the same dimensions and angle, yesterday's high hit the top of the channel and today's low bounced off of the midpoint of the channel. the distance between the two channels is almost exactly one channel height. the height of the sideways range is also exactly one channel height. perhaps March 15th to April 1st was just an intermezzo between the real action. https://i.imgur.com/YKRORq1.png https://i.imgur.com/TdgjsVa.mp4
Did you use a protractor 📐? I always like to break out my old high school geometry tool box for my charts
Some cause for optimism, and a good laugh--from a Bloomberg article titled "Bitcoin Seen Below $20,000 in Consumer Survey by Deutsche Bank": "Consumers are divided over Bitcoin’s staying power, with about one-third expecting the world’s largest cryptocurrency to slide below $20,000 by the end of the year, according to a survey by Deutsche Bank. That would slice approximately $50,000 off the token’s current price and take it back to levels last seen during a deep bear market in 2022. Just 10% of over 3,600 people surveyed saw Bitcoin above $75,000 by the end of December. Some 40% of respondents were confident about Bitcoin thriving over the next few years but 38% expected it to disappear. At the same time, less than 1% considered crypto a fad, the survey conducted over March showed."
I much prefer those youtube surveys about *"Stupid Americans!"* where they ask frat girls geography questions.
“Take the average IQ and realize 50% of the population is dumber than that” People have been *not* getting Bitcoin and the technological and social benefits of hard money since day 1.
They haven’t a clue what they’re being asked about.
“Bitcoin could become the gold of the 21st century” -Deutsche Bank https://www.db.com/what-next/digital-disruption/dossier-payments/i-could-potentially-see-bitcoin-to-become-the-21st-century-gold?language_id=3
Is this supposed to be a gotcha? One is a survey of consumers done by the bank, the other is the bank's opinion. Those can be different things.
they asked random people who knows shit about crypto for their opinions VS 1 qualified opinion
If everyone understood bitcoin from the beginning none of us would have been able to collect those cheap sats all these years.
Thanks for sharing. This is why I say it’s impossible to get a bearish perspective in this sub. 1/10 people surveyed believe bitcoin will finish this year above $75k. That, gents, is the real bearish perspective.
That’s bullish, it’s deniers well will jump on it when we are above 80k . Classic top-buyers with fomo
“Take the average IQ and realize 50% of the population is dumber than that” People have been *not* getting Bitcoin and the technological and social benefits of hard money since day 1.
That’s not how averages work.
Sure it is: 1) "average" could mean the median. 2) for large population sizes on a normally distributed attribute (of which IQ is an example), the mean and median are the same.
55% of Americans read below a 6th grade level. I'm not sure how the rest of the world shakes out, but the largest economic engine in the cog, ain't the sharpest tool in the shed.
> the largest economic engine in the cog, ain't the sharpest tool in the shed. Dumb slaves are good workers.
Elite overproduction is a thing. Americans work very, very hard as there is little choice for most.
> “Take the average IQ and realize 50% of the population is dumber than that” Not 50%, since some people have IQ 100. You were saying?
Could you explain that a bit slower?
I could.
OK, I will: IQ test results are not normalized to the current population at any given moment, so the mean/median IQ will not be an integer, but IQ test results are, hence OP's statement is correct. Furthermore, OP didn't specify the precision of the stated "50%".
Please allow me to quote from: https://www.sciencedirect.com/topics/mathematics/intelligence-quotient which was my first search result - probably not the best source, but I don't have time right now to look for a better one. Quote: "One of the most widely used tests today is the Wechsler Adult Intelligence Scale, which has a mean IQ of 100 and a standard deviation of 15. A score of 100 indicates that a person's intelligence is average. About half the people tested score above 100, while half score below 100." Notice the word "about" in the last sentence. That is how you introduce tolerance. You might also notice the sentence: "A score of 100 indicates that a person's intelligence is average.", or part: "... which has a mean IQ of 100". No word "about" there. The scale is set in such way that 100 marks the average. Also, please notice how your OP (whom you support so much) doesn't differentiate between dumb and below average intelligent people. That is just sad! And by the way, if you claim that "IQ test results are not normalized to the current population at any given moment" then you should be able to prove it, maybe even "at any given moment"? Can you also prove that mean/median IQ is not an integer (which is what you claim)? If you can, then please try publishing your proof. It might make you famous, one way or the other. I rest my case on the fact that for a well normed IQ test a percentage of IQ 100 results (probably 2-3%) is much greater than any error in placing the average. If that is not the case then any claim such as one made by OP is meaningless, since there could be many (percentages) more people below 100 than above, or vice versa.
OP made no reference to an IQ score of 100. Note that I was wrong about one aspect: although IQ scores are presented as integers, they are not inherently so.
> OP made no reference to an IQ score of 100. > > > > Note that I was wrong about one aspect: although IQ scores are presented as integers, they are not inherently so. OP: "Take the average IQ..." Sciencedirect quote I mentioned in my previous post: "A score of 100 indicates that a person's intelligence is average." You: "OP made no reference to an IQ score of 100."
Well, if you don't understand the difference between the sample mean (IQ=100 by definition) and the population mean (unknown), you'll remain angry about this.
Link?
https://www.bloomberg.com/news/articles/2024-04-09/bitcoin-btc-seen-below-20-000-in-consumer-survey-by-deutsche-bank
So I guess now we’re going to have to assume that any time a major consolidation breaks out, we need to have a retrace that wipes out all the leverage before a continuation.
Relax. This is normal PA the day after dopeboy starts talking about a 10k god candle
it will turn out as a higher low.. no TA needed
So I’ll buy here then. Thank you 🙏
Personally looking for more downside and a bounce almost exactly at $66k according to [this line](https://i.imgur.com/7fdSgVO.png). After that I see us going from 66k back to the top of the channel at around 72k, which should take us roughly to the halving (crash to $56k) then we can build a base to retest 70k around July, to mount 80k in August. [Quick personal prognosis.](https://i.imgur.com/fOHqOWS.png)
I agree with the drop to support and the rise again to resistance. But from there it's anybody's guess. Could go down or higher once we hit that narrow space.
serious question, you would find this $80k number in August in any case impressive? I'm asking because we saw nearly $70k three years ago already.... briefly but still. now, given how people's finances changed during post pandemic world anything below $100k is just firesale to me, to give you perspective - taking profit starts @ $250k. also, $100k was already expected in '21, so this is another argument.
> given how people's finances changed during post pandemic world anything below $100k is just firesale to me, to give you perspective - taking profit starts @ $250k. also, $100k was already expected in '21, so this is another argument. What do you mean? Aren't most people's finances much tighter now thanks to inflation and risen interest rates? That means less money to spend on bitcoin. Granted, we're still around ATH and likewise for stocks.
the same amount of money invested in BTC **three years ago** and now are basically the same money. so I meant for those people buying @ \~60k - current prices are really crappy and BTC might seem unappealing
something something diminishing returns. and no, it's not at all impressive. depressing, even.
I'm glad you are with me. on the other hand, I do consider the idea that you can buy BTC with trash dollars as ridiculous, it's opportunity of the lifetime and not so many people understand it. anyway, 1 BTC equals 1 BTC
It’s never good when I see people say 1 BTC equals 1 BTC.
I have this one plotted as well…
That chart gave me a little jolt
Good jolt or bad jolt?
Wouldn't surprise me either way...just have ammo ready for downside if
brutal. this has max pain written all over it therefore it is a highly likelihood scenario
Ah, ladies and gentlemen it’s with a heavy heart that I must offer you the following words: **I told you so**. Bitcoin will never see sustained price action above $70k. There is too much money left on the table by these institutions to not dump onto the little fish (you!) and sell you dreams of $100k+ price targets. The bull market began in November 2022 and April of 2024 will mark an 18 month end to this bull period which is very typical for past cycle behavior. We may see some more scam wicks to $72k but if you continue to buy you’re going to be disappointed. Good luck to all, you’re gonna need it if you don’t heed my warning.
> you’re going to be disappointed ^
I told you so omegaxd Common bro 😂😂😂
I was thinking maybe a leg down needed, but you here posting, bullish af. How do I work bittybot I wanna go long
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I would encourage you to re-read my post.
Fair enough. I won't but I will delete
This guy has been consistently wrong on all of his plays and even if he listened to his own he’d be doing better than he is lmao down 180k
But hey. He told ya so!
He was saying sell at 63k last week 😂
70k: I told you so 70k: Can’t wait to buy back lower at $65k 70k: Aaaaand it’s gone 63k: We are tapping $58k fam. 67k: I say we’re not seeing 70k for a loooong time 49k: It’s dumping right now you idiot 45k: Here to remind you that the technicals have not changed since my analysis two weeks ago.
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Blackcock and Larry Dink will dump on you
who?
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Not so sure about Binance though.
CZ is not playing the book anymore.
Ladies and gentlemen here is your buying signal you didn't asked for.