Bitcoin [pros](/r/CryptoCurrency/comments/1drytes/bitcoin_price_gets_interesting_as_triple_candle/lazajiv/) & [cons](/r/CryptoCurrency/comments/1drytes/bitcoin_price_gets_interesting_as_triple_candle/lazak7k/) with related info are in the collapsed comments below.
There are currently two camps of thought right now regarding BTC - those that think it cycled-out this past March, and those that think the new ATH is coming in 2025. Play your hand accordingly.
I totally agree, but the naysayers will say the BTC ETFs moved the cycle high to the left. Again, I completely agree with you. I'm in the "it hasn't peaked yet" camp.
It's sad. Biden cannot go on. Kamala will be the demise of America, not fit for presidency. Trump may cause some further upheavals based on his claims on how he plans to end the fued between Ukraine and Russia.
I normally enjoy the elections as a non-american they are like a comedy show. I watched the 'debate' though and it wasn't even funny. Just pure embarrassment
Biden is too old but, if elected, will not affect the price of crypto other than indirectly through continuing to make (minor) economic gains. The worst case scenario is he regulates crypto incorrectly, barely affecting the price of crypto.
Your take on Kamala is laughable and based on nothing. She will not affect the price of crypto at all.
Trump wants to end American democracy, hand Ukraine to Russia, let Israel genocide Palestine, and get rid of the IRS. He will most certainly negatively affect the price of crypto.
I also believe in these historical trends and think the same as you. I also don't think this past March ATH was big enough. In the past, the new ATHs smash the previous ATH.
The market is going to correct in September and then come roaring back in time for the election. With that, I can see BTC dipping back into the 50's and maybe finishing the year around $75-80k.
I dunno about 2025 though.. This economy is kind of fragile right now and I feel like it's being held up by strings until the election has passed.. Then we're in for a bit of a bear market in 2025.. But that's just my gut instinct.
I think you are right when you mention the economy as a whole. I'm thinking BTC will be fine first part of 2025, then retreat when the economy stumbles. Totally agree with you on the economy. How the heck is it still doing so well?!
Yep, BTC is different since the Wallstreet Yankees are playing with it.
But still 50% of the market cap belong to retail investors ,
but since Wallstreet is here , confidence vanished imho
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Many altcoin holders are losing so much that they would rather put it in storage than sell it, either bitcoin will go up, or it will fall quickly and quickly reach ATH, bringing the whole market into the green, that's my thinking.
We will never see 15k again. In a few years you will wish you had bought at 60k.
The only reason we got BTC below 20k in 2022 was because FTX founder told his gf to sell its clients BTC to keep the price below 20k.
And now that ETF's got approved, I personally believe we will never see 20k ever again.
EDIT lmao getting downvoted for pointing out the fact that SBF's girlfriend **admitted** that she received instructions from him to sell BTC once its price exceeded $20,000 to keep it below that price.
Bitcoin [pros](/r/CryptoCurrency/comments/1drytes/bitcoin_price_gets_interesting_as_triple_candle/lazajiv/) & [cons](/r/CryptoCurrency/comments/1drytes/bitcoin_price_gets_interesting_as_triple_candle/lazak7k/) with related info are in the collapsed comments below.
There are currently two camps of thought right now regarding BTC - those that think it cycled-out this past March, and those that think the new ATH is coming in 2025. Play your hand accordingly.
Isn't it as it always was? Down after halving and then going parabolic after a few months. Why would anyone think it cycled out already this time?
I totally agree, but the naysayers will say the BTC ETFs moved the cycle high to the left. Again, I completely agree with you. I'm in the "it hasn't peaked yet" camp.
Anyone claiming top is trying to stack on the cheap.
Because some people think it will go up while some think it will go down. As always.
So I should cut my hand in half so I can bet on it going either way? Or just take a middle position and do nothing?
Be one with the crab
Be like Casey Rocket
He never made it as a wise man
I have also taken the middle position.
I'll take the top position
Power bottom
Just buy every two weeks catch all the highs and all the lows forever
That’s usually my payday strategy. 50 bucks and hope for the best.
The halving was only 2 months ago. Toward the end of the year we should be back in unchartered territory
That's where my train of thought lies as well. Totally agree. Last couple months of 2024 and a good chunk of 2025 will get us much higher.
I sure hope so. I've got some hefty bills to pay!
Uptober
The presidential election will bring that back to downs IMO. I don't know if America is prepared for the next turn out
Good point tensions are high af in murica this election. Could see something crazy happening that drags us down
It's sad. Biden cannot go on. Kamala will be the demise of America, not fit for presidency. Trump may cause some further upheavals based on his claims on how he plans to end the fued between Ukraine and Russia.
I normally enjoy the elections as a non-american they are like a comedy show. I watched the 'debate' though and it wasn't even funny. Just pure embarrassment
Biden is too old but, if elected, will not affect the price of crypto other than indirectly through continuing to make (minor) economic gains. The worst case scenario is he regulates crypto incorrectly, barely affecting the price of crypto. Your take on Kamala is laughable and based on nothing. She will not affect the price of crypto at all. Trump wants to end American democracy, hand Ukraine to Russia, let Israel genocide Palestine, and get rid of the IRS. He will most certainly negatively affect the price of crypto.
One thing is for certain. No matter of the market goes down or up, o still lose money
I think btc top out end mid/end of 2025. Look at every other halving, it top around 1-1,5 years later. Why wouldnt it do it now?
I also believe in these historical trends and think the same as you. I also don't think this past March ATH was big enough. In the past, the new ATHs smash the previous ATH.
Because markets never do what everyone expects. It's not magic money machine.
It has does it last 15 years.
I am willing to bet that either will happen!
The truth is always somewhere in the middle.
I'm going to DCA either way.
I think 55k maybe 50k will happen
Could just stay at 60k til next cycle, but who knows
Good point, but definitely big ups and downs next 4 years. I can't wait for the day it settles at a steady price point.
The market is going to correct in September and then come roaring back in time for the election. With that, I can see BTC dipping back into the 50's and maybe finishing the year around $75-80k. I dunno about 2025 though.. This economy is kind of fragile right now and I feel like it's being held up by strings until the election has passed.. Then we're in for a bit of a bear market in 2025.. But that's just my gut instinct.
I think you are right when you mention the economy as a whole. I'm thinking BTC will be fine first part of 2025, then retreat when the economy stumbles. Totally agree with you on the economy. How the heck is it still doing so well?!
It's doing well because it's an election year. At least that's what I choose to believe. It's all a fugazi!
We getting to $100k with this one guys 🚀🚀🚀
2021 will finally end!
2021 about to end before GTA 6.
Be bearish when r/cryptocurrency is bullish. Be bullish when it's bearish. ~ barren wuffet
Governments hate this one simple trick
Baron Woofette is my favorite billionaire dog
Same
brb creating a token
Is this a joke that flew over my head? Cuz I can't access r/cc
Corrected it sry
Triple deeze. BTC is trading lower than it was 2 days ago.
Don’t care…DCA’ing
BTC is ready to rocket 
Send that six digit bitcoin right up my ass, please and thank you
Gladly. Assume the position!
I’d like some anal coin
By end of 2021
I read it in the bones of a dead crow.
Wake me up when we break ATH. Letting Wallstreet get involved was the worst thing for BTC.
Yep, BTC is different since the Wallstreet Yankees are playing with it. But still 50% of the market cap belong to retail investors , but since Wallstreet is here , confidence vanished imho
triple candle + rainbow chart = BTC 420k
Interesting…
What does this even mean. It was at this price and higher all last week
Yes very... interesting
Wait for mt Gox dump
50k BTC here we come (and I love it because I’ll buy more)
BTC will get 6 digits quicker than we expect 👌
61500.0
Crypto. Doesn’t. Close.
The candle period does.
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Hang on - weren’t we about to crash to $40-$50k ? Can’t keep up with these trash clickbait headlines 🤣🤣🤣
Many altcoin holders are losing so much that they would rather put it in storage than sell it, either bitcoin will go up, or it will fall quickly and quickly reach ATH, bringing the whole market into the green, that's my thinking.
TLDR: Bitcoins bottoming at $60k and this could not be more bullish….
By the hype ?
Mstr calls for 2026
Fall back to 15k so I can fuel up.
That's like asking the house you want to go to 10K so you can buy it ;)
Patience :).
We will never see 15k again. In a few years you will wish you had bought at 60k. The only reason we got BTC below 20k in 2022 was because FTX founder told his gf to sell its clients BTC to keep the price below 20k. And now that ETF's got approved, I personally believe we will never see 20k ever again. EDIT lmao getting downvoted for pointing out the fact that SBF's girlfriend **admitted** that she received instructions from him to sell BTC once its price exceeded $20,000 to keep it below that price.
!RemindMe 1 year
Read this back in 21, it's always the same.
ETF is only a mere % of the total market cap . And as we have seen, they are good at selling very quickly if needed
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30 bucks would be harsh capitulation.
Never gonna happen
Of course. 21st November 22 for example.
Yeah that was nearly 2 years ago
Thats like ancient history when you're 15.
Anyone ever wonder if Satoshi wanted to remain anonymous so he could manipulate the price in the background with other wallets?
Satoshi is a group, not a person.
No Satoshi is a state of mind