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

[Bindare_Dundat]

This chart is getting tossed around the interwebs more than a cheap whore today. I bet 99% don't even have a clue what it means.  Ok I'm all in now. Thanks youtube guy

[Flexacon]

This chart is getting tossed around the interwebs more than a cheap whore today. I bet 99% don't even have a clue what it means.  Ok I'm all in now. Thanks youtube guy

The one Griffith posted is the one doing the rounds on interwebs.

The one I posted actually explains the cycle and fits with what I've been saying for a while now. That there would be a early summer correction and sideways movement before the market takes off again.

Musk has accelerated the timeline though and it will probably cause an extra 10k price drop in BTC and 1.5k in eth

[Griffith]

The one Griffith posted is the one doing the rounds on interwebs.

The one I posted actually explains the cycle and fits with what I've been saying for a while now. That there would be a early summer correction and sideways movement before the market takes off again.

Musk has accelerated the timeline though and it will probably cause an extra 10k price drop in BTC and 1.5k in eth

On what timeline do you see that happening?

[SOMEPARTS]

Hope everyone know that gib sold everything for 10000000% return at exactly 64,789.27

but only if it doesn't go above that.. then gib never sold anything

Beautiful post of peace.

[affeman]

Hope everyone know that gib sold everything for 10000000% return at exactly 64,789.27

but only if it doesn't go above that.. then gib never sold anything

LMAO

A lotta "virtual millionaires" will be on suicide watch a few weeks from now

[Flexacon]

On what timeline do you see that happening?

I originally had BTC heading to 60K plus and ETH at 5K by the end of May. June and July corrections to 40K and 3.5K, sideways movement, followed by ALH peaks in December.

The timeline for an extra 10K and 1.5K drop is more a point of perspective. Either it has already happened  because Musk has tanked the market, or it will happen in June/July as BTC and ETH aren't starting summer corrections from ALH because of Musk. Basically I see the summer lows as 30K and 2K now.

BTC and ETH will bounce back, but I've changed my mind on the December peak and see it happening earlier now and not being as high. Musk has caused paper hands and this will pretty much kill the alt season cycle that was brewing up, so now we won't get that extra injection of alt money funnelling its way up.

[Thin Lizzy]

In a pump and dump much of the distribution takes place after the top. RIOT Blockchain: I’ll bet a lot of people bought the pullback in the 40 to 60 range hoping to see new highs which never materialized and now they’re holding the bag:

[loco]

In a pump and dump much of the distribution takes place after the top. RIOT Blockchain: I’ll bet a lot of people bought the pullback in the 40 to 60 range hoping to see new highs which never materialized and now they’re holding the bag:

Who is to say it won't go back up to 60, then 80, 100, etc.?

[Thin Lizzy]

Who is to say it won't go back up to 60, then 80, 100, etc.?

Not impossible. I wouldn’t bet on it. It’s 75% off it’s high. That’s not a pullback. It’s a crash.

[Bindare_Dundat]

Bitcoin short term, some sideway action. then potential continued drop to 38k-40k, if we break 42k
Ethereum drop to around 2800 area. 


if it does ill be going all in.

[loco]

Not impossible. I wouldn’t bet on it. It’s 75% off it’s high. That’s not a pullback. It’s a crash.

Even after a 75% drop, it's still relatively high compared to what it was in very recent times.  The higher it goes, the bigger the drops will be.  BTC has never been exactly stable.  Maybe Bitcoin is about to hit $5,000 per coin tomorrow and never recover, or maybe it will go to $100K and beyond.  We don't know.

[obsidian]

Elon and his bullshit don't change the reality that the Fed is printing infinite US dollars and robbing purchasing power from Americans.  It doesn't change the fact that people worldwide want decentralized finance and a way to create and preserve wealth.  Bitcoin isn't going anywhere.  The price is being manipulated and all that does is fuck over the little guy who is less savvy and prone to panic sell.  I'm not selling, I'm buying.  This is a 5 to 10 year play for me..........at least.  Elon Musk does not make the market.  What's going on with the Bitoin price goes way beyond one rich dude that has a lot of influence.

Yes, however there is another angle. Interest rates could be raised as inflation goes up. Higher interest rates will make it more attractive for people to keep money in traditional finance that offer higher rates.

Lots of gems dropped by Ivan here! Good video. He brings a different angle that the other youtubers are not always looking at.

[Bindare_Dundat]

Yes, however there is another angle. Interest rates could be raised as inflation goes up. Higher interest rates will make it more attractive for people to keep money in traditional finance that offer higher rates.

Lots of gems dropped by Ivan here! Good video. He brings a different angle that the other youtubers are not always looking at.

I like his new delivery. The old hype crap, let's go go,go,go,go, was annoying.  Hes matured alot. Has some funny lines too.

[obsidian]

I like his new delivery. The old hype crap, let's go go,go,go,go, was annoying.  Hes matured alot. Has some funny lines too.

Lol yes he can be hilarious. In one video he says +/- this: "Guys let's face it we are all duuudes. Ladies you are welcome to join but we are all duuddes in crypto!".

And in this latest video around 4:40: "Elon, small Papa. S&P 500 - the big Papa".

[a_pupil]

Calling Mr Anabolic

[Bindare_Dundat]

Calling Mr Anabolic

..no not yet

[obsidian]

I am going to give Charles Hoskinson more benefit. Apparently he gave all his Ethereum to his secretary when he left that project (or was kicked out). Classy move!

[polychronopolous]

In a pump and dump much of the distribution takes place after the top. RIOT Blockchain: I’ll bet a lot of people bought the pullback in the 40 to 60 range hoping to see new highs which never materialized and now they’re holding the bag:

These sorts of posts remind me of Johnny or Ponyboy from The Outsiders out there in the park searching for cigarette butts to get a drag or two out of.

Why waste your time on such garbage?

Buy the finest racehorse out there and simply ride it for years to come.

Bitcoin is Secretariat.

[polychronopolous]

LMAO

A lotta "virtual millionaires" will be on suicide watch a few weeks from now

In a few weeks you will have slithered back under the rock from whence you came from(with the rest of the Bitcoin haters following right behind you).

[gib]

In a few weeks you will have slithered back under the rock from whence you came from(with the rest of the Bitcoin haters following right behind you).

Lol - funny how those "non-coiners" come out on every dip. LOL

[gib]

BTC has defeated every single FUD thrown at it. (Recall all the idiotic comments made by Mr Anabolic back in the day when we started this thread).

The last FUD remaining they now are trying to use is "energy consumption". That one will be easily defeated over time, as economics dictate dirty energy will not be able to compete wil unlimited power of solar energy.

[Mayday]

Yes, however there is another angle. Interest rates could be raised as inflation goes up. Higher interest rates will make it more attractive for people to keep money in traditional finance that offer higher rates.

US Fed advised they are holding rates until 2025 and have been open about the inflation level they are targeting.

We don't have any risk of rates increasing in the short term and it is controlled via the bond market.

BTC has defeated every single FUD thrown at it. (Recall all the idiotic comments made by Mr Anabolic back in the day when we started this thread).

The last FUD remaining they now are trying to use is "energy consumption". That one will be easily defeated over time, as economics dictate dirty energy will not be able to compete wil unlimited power of solar energy.

Yep.

If you went on a holiday for 2 weeks and didn't look at your phone until you came back, you'd never know there was a crash.

We are in a bullrun.

[OneMoreRep]

Just a heads up, I've been pushing $MATIC for a few weeks.

I bought it at around $0.80 less than a week ago. It's now at about $2.15.

Look into it and let me know what you guys think.

"1"

[French]

MATIC and ADA FTW.
Like DOT, they will go over 30$

[Bindare_Dundat]

MATIC and ADA FTW.
Like DOT, they will go over 30$

yup