Bitcoins - about to hit $5,000 per coin today!

[obsidian]

Well this is the first time we have a bear market with ETFs on board. Overwhelming Consensus is either the bottom is in or will come early.......

Shows you just how bullish the masses are. Apparently all we needed was a couple of weeks and now, ready for up only lol.

You have it backwards. The contrarian view is that we recover this year.

The masses are not bullish at all. Most crypto influencers — and their audiences — are calling a confirmed bear market and expecting an extended move lower. The Fear & Greed Index has been stuck around 10 or below for a while now, which is extreme fear, not euphoria.

https://coinmarketcap.com/charts/fear-and-greed-index/

ETH has effectively been in a bear market since April 2024. It’s on track for 17 of the last 23 months to close red, and 12 of the last 15 months red — that’s roughly 80% red months. BTC hasn’t experienced conditions this bad yet.

https://cryptorank.io/price/ethereum/analytics

[obsidian]

Rumor going around that Bitcoin is a Pedocoin.

https://uk.finance.yahoo.com/news/crypto-bros-nauseated-realizing-bitcoin-190833577.html

Crypto Bros Nauseated After Realizing Bitcoin Itself Was Funded by Jeffrey Epstein

Like a hurricane that tears down even the sturdiest storm shelters, the Epstein files have cut a path through a vast swath of America’s intellectual, political, and financial elite.

The latest tranche of emails related to the notorious sex predator have been particularly devastating. Fans of the left-libertarian academic Noam Chomsky are in shambles after learning the two were in close contact until around 2017, while tech luminaries from Bill Gates to the Google cofounders were similarly caught schmoozing with the disgraced financier.

Cypto bros are no exception. After the Department of Justice released three million files over the weekend, blockchain enthusiasts were quick to discover a certain Jeffery Epstein was an active and prominent figure in crypto during its formative years.

One file highlighted by crypto investor Patrick Riley shows an email chain between Epstein and Joichi Ito, the former head of MIT’s Media Lab whose Digital Currency Initiative played an integral role in helping crypto grow into the giant it is today. As the email exchange makes clear, Epstein’s backing was a key pillar in establishing the DGI.

“FYI,” Ito told Epstein, “used gift funds to underwrite this which allowed us to move quickly and win this round. Thanks.”

“At the time this letter was written, there were around 12,000 commits to Bitcoin’s code,” Riley remarked in a post on social media. “Today there are 47,583 commits to Bitcoin’s code. That means that 74.79 percent of the Bitcoin core development and code was committed after Jeffery Epstein took over the defacto senior management role as benefactor.”

That news didn’t go over well with crypto enthusiasts, to put it lightly.

“75 percent of bitcoins code comes directly from [Epstein’s] investments,” a crypto account called Crypto Bitlord agonized in response. “We’ve basically funded an elite global pedophile ring since 2015. I feel sick.”

Another crypto account lamented that “BTC has been funding a global elite pedo group since 2015… great.”

The email chain from Ito also suggests that Bitcoin’s mysterious developer — the pseudonymous Satoshi Nakamoto — may have in fact been five “core developers,” each of whom was in talks with Epstein.

One of those core devs may have been early Bitcoin contributor Adam Back, who invented the proof-of-work algorithm cited by “Nakamoto’s” original whitepaper on crypto. A separate email chain shows Ito suggesting the convicted sex criminal meet with Back and other tech luminaires to discuss this revolutionary new currency.

[Notomorrow]

          Connspiracy theory, but might be the greatest scam ever created as there is no victim. The system weeds out people who will be devastated by losses. The little guy who buys $10,000  of Bitcoin then it drops 30% in a week.

     The whales are manipulating the price. So anyone who cant afford to lose ALL their investment in Bitcoin gets scared and gets out. Then the whales drive up the price. And when the peasants see 2500% Bitcoin gains they'll go all in, mortgage homes, use retirement money then the whales will sell.

       

[Mayday]

You have it backwards. The contrarian view is that we recover this year.

The masses are not bullish at all. Most crypto influencers — and their audiences — are calling a confirmed bear market and expecting an extended move lower. The Fear & Greed Index has been stuck around 10 or below for a while now, which is extreme fear, not euphoria.

https://coinmarketcap.com/charts/fear-and-greed-index/

ETH has effectively been in a bear market since April 2024. It’s on track for 17 of the last 23 months to close red, and 12 of the last 15 months red — that’s roughly 80% red months. BTC hasn’t experienced conditions this bad yet.

https://cryptorank.io/price/ethereum/analytics

Our feeds are different. We discussed it before. Plebs became temporary bearish AFTER price nuked. The moment it bounced to 70k my feed was bullish again. Same as 2022, bulls in bear clothing......

I did warn you about ETH. We had the president's son standing in front of cameras making the ETH symbol with his hands and the masses called it a bottom and ready to moon. Even after it nuked to 1,400 plebs were happy and cheering on lower prices....... Does that index actually say at 2k ETH plebs are bearish?


In saying that, what would be pretty funny is me completely missing everything and it hits an ATH in Q4 this year.

[obsidian]

Our feeds are different. We discussed it before. Plebs became temporary bearish AFTER price nuked. The moment it bounced to 70k my feed was bullish again. Same as 2022, bulls in bear clothing......

I did warn you about ETH. We had the president's son standing in front of cameras making the ETH symbol with his hands and the masses called it a bottom and ready to moon. Even after it nuked to 1,400 plebs were happy and cheering on lower prices....... Does that index actually say at 2k ETH plebs are bearish?


In saying that, what would be pretty funny is me completely missing everything and it hits an ATH in Q4 this year.

What feeds?! Post your sources. Go on X, Reddit, YouTube. The majority are bearish. All crypto indicators show extreme fear. Almost all crypto influencers are bearish. You're full of shit Mayday!

[obsidian]

          Connspiracy theory, but might be the greatest scam ever created as there is no victim. The system weeds out people who will be devastated by losses. The little guy who buys $10,000  of Bitcoin then it drops 30% in a week.

     The whales are manipulating the price. So anyone who cant afford to lose ALL their investment in Bitcoin gets scared and gets out. Then the whales drive up the price. And when the peasants see 2500% Bitcoin gains they'll go all in, mortgage homes, use retirement money then the whales will sell.
   

Epstein indirectly funded BTC developers via MIT donations that supported Bitcoin Core maintainers. Some Bitcoin figures visited his island: Blockstream co-founders were invited and met there in 2014.

Epstein was tied to Tether through close relationship with co-founder Brock Pierce.

Rumors claim Epstein opposed Bitcoin privacy features so the "Coconut Information Agency" (CIA meme) could trace transactions — though that appears to be unproven speculation.

[Griffith]

Our feeds are different. We discussed it before. Plebs became temporary bearish AFTER price nuked. The moment it bounced to 70k my feed was bullish again. Same as 2022, bulls in bear clothing......

I did warn you about ETH. We had the president's son standing in front of cameras making the ETH symbol with his hands and the masses called it a bottom and ready to moon. Even after it nuked to 1,400 plebs were happy and cheering on lower prices....... Does that index actually say at 2k ETH plebs are bearish?


In saying that, what would be pretty funny is me completely missing everything and it hits an ATH in Q4 this year.

Like when ETH was at 900 and you were saying ''it's going much lower'' 

[Griffith]

You have it backwards. The contrarian view is that we recover this year.

The masses are not bullish at all. Most crypto influencers — and their audiences — are calling a confirmed bear market and expecting an extended move lower. The Fear & Greed Index has been stuck around 10 or below for a while now, which is extreme fear, not euphoria.

What feeds?! Post your sources. Go on X, Reddit, YouTube. The majority are bearish. All crypto indicators show extreme fear. Almost all crypto influencers are bearish. You're full of shit Mayday!

Exactly.

[Flexacon]

Well this is the first time we have a bear market with ETFs on board. Overwhelming Consensus is either the bottom is in or will come early.......

Shows you just how bullish the masses are. Apparently all we needed was a couple of weeks and now, ready for up only lol.

The bottom for eth, bnb and xrp in 2022 did come early. June vs btc in Nov.

If there was no FTX blow up and contagion then btc bottom would have been in June too. You can't account for contagion when trying to call a bottom, just make sure you always have some cash at hand.

Gotta see what the new FED chair does before trying to guess a bottom anyway (although the bottom might already be in by then)

[Mayday]

What feeds?! Post your sources. Go on X, Reddit, YouTube. The majority are bearish. All crypto indicators show extreme fear. Almost all crypto influencers are bearish. You're full of shit Mayday!

Ok, everyone is bearish,  they all called the top and the nuke and I got it all wrong.

If your indicators are so awesome why did you miss another top?  If it's so bearish I assume you loaded up with everything you have?

Like when ETH was at 900 and you were saying ''it's going much lower'' 

I always dig the boot in hard whenever I can.  Bottoms and tops. I have posted that when you lot get too one sided I come in to balance it out 😉

The bottom for eth, bnb and xrp in 2022 did come early. June vs btc in Nov.

If there was no FTX blow up and contagion then btc bottom would have been in June too. You can't account for contagion when trying to call a bottom, just make sure you always have some cash at hand.

Gotta see what the new FED chair does before trying to guess a bottom anyway (although the bottom might already be in by then)

I still have oodles of eth related pieces of shit. I just bought 2 properties and that's my core focus as I don't need crypto when I'm leveraged so high in property.

Fwiw I have done my rates and inflation mapping already. Right now, I believe it's high possible the peak rates we had might be the peak for the decade.  I saw a clear inverse strategy from the RBA vs historic. Let's see.

[obsidian]

If your indicators are so awesome why did you miss another top?  If it's so bearish I assume you loaded up with everything you have?

I’m probably way too bullish for my own good — lol. That’s why I never sell; I never see the tops in real time. It’s always obvious in hindsight.

ETH’s 2025 ATH barely exceeded its 2021 high by about $50. I expected at least a 1.5x–2x move from there. BTC didn’t even manage a full 2x over its 2021 ATH. Meanwhile, the block rewards were cut in half and the dollar has significantly devalued since 2021. If 2025 was truly the four-year cycle top, it was pretty underwhelming.

My contrarian view is that we haven’t topped yet, and BTC and ETH could still print new ATHs in 2026. Of course, nobody knows what will happen — and I’ll be the first to admit I’m wrong more often than I’m right when it comes to crypto prices. I don’t forecast for a living, and I don’t care about protecting a public reputation like influencers do.

What I do see is that most people seem bearish right now. The Fear & Greed Index has been in extreme fear since 10/10/25. You’re saying everyone is bullish — show me credible examples of prominent bullish voices.

And I’m not worried about missing the bottom. I never sold.

[Flexacon]

I still have oodles of eth related pieces of shit. I just bought 2 properties and that's my core focus as I don't need crypto when I'm leveraged so high in property.

Fwiw I have done my rates and inflation mapping already. Right now, I believe it's high possible the peak rates we had might be the peak for the decade.  I saw a clear inverse strategy from the RBA vs historic. Let's see.

Navigating macro is just too much of a headache with the orange man in charge. I do think they won't let the markets crash anytime soon because they can't afford a bear market and losing the race towards Artificial General Intelligence. It definitely won't pay to not be bullish over the decade

I picked up some property in the covid firesale. Whilst I've done well with that, it's also been a huge headache. Had to deal with squatters twice!

Crypto is still the best place by far for compounding and straight up crime even in a bear market. I mean you can use BTC, eth, sol etc as collateral to go short the market or on alts/memes, and if you're a large early holder of that alt/meme you can just walk down or crash the price at your leisure, buy the bottom again and repeat. It's still the best money glitch out there.

[Mayday]

Navigating macro is just too much of a headache with the orange man in charge. I do think they won't let the markets crash anytime soon because they can't afford a bear market and losing the race towards Artificial General Intelligence. It definitely won't pay to not be bullish over the decade

I picked up some property in the covid firesale. Whilst I've done well with that, it's also been a huge headache. Had to deal with squatters twice!

Crypto is still the best place by far for compounding and straight up crime even in a bear market. I mean you can use BTC, eth, sol etc as collateral to go short the market or on alts/memes, and if you're a large early holder of that alt/meme you can just walk down or crash the price at your leisure, buy the bottom again and repeat. It's still the best money glitch out there.

Australia is easier I think if you can handle the mental psyops by media on property. My place doubled already, family members trying to chase are already spending more than we did for a house half the size and low spec and not even near our blue ribbon suburb where the money is.

If you know the right datasets to use you can construct the housing shortage visually and see they created it on purpose here. Current govt is about to change CGT for investors, will ease pricing for a year but the shortage gets massively amplified after that, again, done on purpose. girls lol.

I agree, I don't think markets will meltdown. I had this for my S&P as soon as Trump came to office. March a small blip then 11k lol. I know, sounds crazy but I think it's easier to accept 7k-11k vs 4k-7k 5yrs ago.

Im not expecting any low BTC price either. 60k was a good price. Hoping to 40s or lower might be a 5 second wick on 1 exchange in so.e tiny island or something. We saw some of that in 2022. ETH is a pain in the ass, I never liked how it bottomed and the rotation post too didn't occur into ETH. I think I've found the answer to why it didn't and therefore what is required to have it occur. 

[Methyl m1ke]

          Connspiracy theory, but might be the greatest scam ever created as there is no victim. The system weeds out people who will be devastated by losses. The little guy who buys $10,000  of Bitcoin then it drops 30% in a week.

     The whales are manipulating the price. So anyone who cant afford to lose ALL their investment in Bitcoin gets scared and gets out. Then the whales drive up the price. And when the peasants see 2500% Bitcoin gains they'll go all in, mortgage homes, use retirement money then the whales will sell.

     

That's called consolidation and happens in the stock market all the time.

[gib]

Australia is easier I think if you can handle the mental psyops by media on property. My place doubled already, family members trying to chase are already spending more than we did for a house half the size and low spec and not even near our blue ribbon suburb where the money is.

If you know the right datasets to use you can construct the housing shortage visually and see they created it on purpose here. Current govt is about to change CGT for investors, will ease pricing for a year but the shortage gets massively amplified after that, again, done on purpose. girls lol.

I agree, I don't think markets will meltdown. I had this for my S&P as soon as Trump came to office. March a small blip then 11k lol. I know, sounds crazy but I think it's easier to accept 7k-11k vs 4k-7k 5yrs ago.

Im not expecting any low BTC price either. 60k was a good price. Hoping to 40s or lower might be a 5 second wick on 1 exchange in so.e tiny island or something. We saw some of that in 2022. ETH is a pain in the ass, I never liked how it bottomed and the rotation post too didn't occur into ETH. I think I've found the answer to why it didn't and therefore what is required to have it occur.

Be very careful on Oz property. These "gains" are a honeypot for Govt to tax. Hard to hide, hard to move, and easy to seize and/or make claims against.

I continue to buy stocks and BTC, just DCA over time...

[Flexacon]

Im not expecting any low BTC price either. 60k was a good price. Hoping to 40s or lower might be a 5 second wick on 1 exchange in so.e tiny island or something. We saw some of that in 2022. ETH is a pain in the ass, I never liked how it bottomed and the rotation post too didn't occur into ETH. I think I've found the answer to why it didn't and therefore what is required to have it occur.

I think Eth/Alts are still waiting for M2 or more specifically global liquidity to really ramp up.

The inability for BTC to put in a decent relief bounce is quite telling. Even the santa rally didn't touch 100k, so 40k doesn't seem unrealistic. It would be like catching 20k in 2022. Wouldn't rule out a wick to 33k-35k especially if the SPX turns over hard at some point. I won't wait around for that though. Under 50k and I close all short positions/hedges and I switch to gib mode and strictly cash spot accumulation

[Griffith]

I think Eth/Alts are still waiting for M2 or more specifically global liquidity to really ramp up.

The inability for BTC to put in a decent relief bounce is quite telling. Even the santa rally didn't touch 100k, so 40k doesn't seem unrealistic. It would be like catching 20k in 2022. Wouldn't rule out a wick to 33k-35k especially if the SPX turns over hard at some point. I won't wait around for that though. Under 50k and I close all short positions/hedges and I switch to gib mode and strictly cash spot accumulation

I don't have a sell price target. Only a buy price target. I will start my buys at 75k

So your predicted bottom for BTC is from 75k to 33k.

Only a 42k range! 

'Exactly as predicted!'

 

[Flexacon]

So your predicted bottom for BTC is from 75k to 33k.

Only a 42k range! 

'Exactly as predicted!'

 

Your reading comprehension just like ETH PA has clearly failed you.

Where exactly in this "I will start my buys at 75k" do you see me saying this would be the bottom? I bought at 75k (and 62K) levels to derisk my short position without closing it and in hopes of catching any bear market rally.

I said 50-60k would be the range to buy back in December and lowered that to anything sub 50K now due to the current weakness

It's good. Buy big in May/June/July 2026 around $50K - $60K and it should be an easy x4 by 2028/29

[Griffith]

Your reading comprehension just like ETH PA has clearly failed you.

Where exactly in this "I will start my buys at 75k" do you see me saying this would be the bottom? I bought at 75k (and 62K) levels to derisk my short position without closing it and in hopes of catching any bear market rally.

I said 50-60k would be the range to buy back in December and lowered that to anything sub 50K now due to the current weakness

I think Eth/Alts are still waiting for M2 or more specifically global liquidity to really ramp up.

The inability for BTC to put in a decent relief bounce is quite telling. Even the santa rally didn't touch 100k, so 40k doesn't seem unrealistic. It would be like catching 20k in 2022. Wouldn't rule out a wick to 33k-35k especially if the SPX turns over hard at some point. I won't wait around for that though. Under 50k and I close all short positions/hedges and I switch to gib mode and strictly cash spot accumulation

 

[Flexacon]

 

Still waiting for you to show where I said 75k would be the bottom

But I understand why you're upset now. You were bullish in December, I told you that your thesis was wrong and now you're bag holding  Try eating some cookies, it seems to help Obsidian.

 

Jerome Powell leaving, replaced by Trump appointee (pro-crypto, large rate cuts).

So 2026 will have rate cuts.

Also chance for a rate cut in December, but we'll see.

The FED has also ended quantitative tightening (from 2022) this December.

Increased liquidity is generally good for stocks and crypto.

Yeah there will be a 25 bps cut in December, but Powell isn't cutting quick enough for it to benefit crypto. Even if they cut 25 bps after the next 4 meetings it's still too slow.

The Trump backed Fed chair comes in in May so no real relief there until May/June.

QT may have ended, but there is always a lag. It can potentially be several months.

Also the government shutdown nonsense wasn't actually addressed. It was just delayed until the end of Jan 2026. 

Next few months aren't looking particularly bullish, but that's not necessarily a bad thing as the bullish pa structure bitcoin was following broke down last month. It needs time to form a new base before price moves up again

[Griffith]

I don't have a sell price target. Only a buy price target. I will start my buys at 75k

I think Eth/Alts are still waiting for M2 or more specifically global liquidity to really ramp up.

The inability for BTC to put in a decent relief bounce is quite telling. Even the santa rally didn't touch 100k, so 40k doesn't seem unrealistic. It would be like catching 20k in 2022. Wouldn't rule out a wick to 33k-35k especially if the SPX turns over hard at some point. I won't wait around for that though. Under 50k and I close all short positions/hedges and I switch to gib mode and strictly cash spot accumulation

42.k range of peace!

'Exactly as predicted'

 

[Flexacon]

42.k range of peace!

'Exactly as predicted'

 

What stage of your bag holding are you at? Seems like the anger phase now given that you've stopped with the amusing eth bull posts. Give the cookies a try