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

[Mayday]

ETH sub 3k mamma mia!

[Flexacon]

ETH sub 3k mamma mia!

As much as I love ETH, Bitcoin  still holding that 40k support is far more important for ETHs future price. If it spends a week below 40K that then I'll start shitting my pants. Getting pretty close though...

[El Diablo Blanco]

You guys make me laugh about the news articles and updates and code mergers and all of that bullshit when none of it matters.  A few people own enough and have enough cash to move the needles up and down.  They’ve been doing it for a while and making great money from it. They then convince people to HODL so that they have full control and the sheep just post on Reddit.

[Flexacon]

You guys make me laugh about the news articles and updates and code mergers and all of that bullshit when none of it matters.  A few people own enough and have enough cash to move the needles up and down.  They’ve been doing it for a while and making great money from it. They then convince people to HODL so that they have full control and the sheep just post on Reddit.

When was the last bitcoin news article, update or code chat posted on here and taken at face value?

Most of the recent posts have been about if the price will continue dropping and when is a good time to buy/sell.

The btc maxis stopped posting on here months ago and I don't think anyone left posting on here believes bitcoin price moves on merit.

[Grape Ape]

You guys make me laugh about the news articles and updates and code mergers and all of that bullshit when none of it matters.  A few people own enough and have enough cash to move the needles up and down.  They’ve been doing it for a while and making great money from it. They then convince people to HODL so that they have full control and the sheep just post on Reddit.

It's a highly manipulated market for sure.  Not sure where it's going at the moment.

But, manipulated or not, there were most definitely patterns in alt coins where astute followers could make an easy 10-20% regularly watching the ebbs and flows.

[Mayday]

As much as I love ETH, Bitcoin  still holding that 40k support is far more important for ETHs future price. If it spends a week below 40K that then I'll start shitting my pants. Getting pretty close though...

On the left is shoulder / head / shoulder
On the right is shoulder / head / shoulder

This second H&S formation has a wick bottom of 39.7k.

2nd shot red is overheated and green is capitulation. We are skirting the boundary of capitulation.

I’d much prefer to see us in green at 40k rather than stand at the edge of the abyss 😬

I’m still expecting an exit pump which will go towards 49k-50k.

[Griffith]

On the left is shoulder / head / shoulder
On the right is shoulder / head / shoulder

This second H&S formation has a wick bottom of 39.7k.

2nd shot red is overheated and green is capitulation. We are skirting the boundary of capitulation.

I’d much prefer to see us in green at 40k rather than stand at the edge of the abyss 😬

I’m still expecting an exit pump which will go towards 49k-50k.

Agreed.

[Griffith]

High amount of volume in the dip with a long wick down.

Looking like decent chance for a bounce from here.

[Mayday]

High amount of volume in the dip with a long wick down.

Looking like decent chance for a bounce from here.

I’m getting an early signal for a volatility event. It’s happens the day before the event (yesterday) meaning it should happen today. It can also slip out 1-2 days but it’s imminent.

The last volatility signals were all down movements and had other indicators at the top of their ranges.

This incoming volatility movement has other indicators at the bottom making it highly likely that we are going up.


Personally I’d say it’s just the spike on the last shoulder which is a 50k target. Down from there.

[Mayday]

Not a full volatility print yet but a signal up.

Whales are dumping hard but then ease off and let price move up then started hitting it again at 43k.

Markers are:
44.6k
48.5k
50.3k

Fed gave people a massage
CPI tomorrow
40k put expiration on Friday
50k call expiration 28th Jan

[El Diablo Blanco]

Not a full volatility print yet but a signal up.

Whales are dumping hard but then ease off and let price move up then started hitting it again at 43k.

Markers are:
44.6k
48.5k
50.3k

Fed gave people a massage
CPI tomorrow
40k put expiration on Friday
50k call expiration 28th Jan

It will run up to 60K again, get people excited, make the news and the whales will dump it again making 50% profit and repeat.  The early collectors of BTC have all of the power.

[Flexacon]

From Fidelity (found on reddit) Bullish bitcoin without the maxi retardation https://www.fidelitydigitalassets.com/articles/2021-trends-impact

"We also think there is very high stakes game theory at play here, whereby if bitcoin adoption increases, the countries that secure some bitcoin today will be better off competitively than their peers.

Therefore, even if other countries do not believe in the investment thesis or adoption of bitcoin, they will be forced to acquire some as a form of insurance. In other words, a small cost can be paid today as a hedge compared to a potentially much larger cost years in the future.

We therefore wouldn't be surprised to see other sovereign nation states acquire bitcoin in 2022 and perhaps even see a central bank make an acquisition".

[Mayday]

Fwiw I’m out pretty much. I expect a 38k sweep then 48k end of Jan but after that it’s probably all over red rover.

Mar-Apr.

[Flexacon]

Fwiw I’m out pretty much. I expect a 38k sweep then 48k end of Jan but after that it’s probably all over red rover.

Mar-Apr.

Got close to a 38k, but 40k support still trying its best to hold on.

Todays dump was just a mirror of the stock market. BTC could potentially flash crash with the stock market based on certain geopolitical news, so put some 35k btc buy orders and 2.5k eth orders and a few other crazy low ones in just in case. Otherwise still dca on eth and waiting for that bounce!

[Mayday]

Got close to a 38k, but 40k support still trying its best to hold on.

Todays dump was just a mirror of the stock market. BTC could potentially flash crash with the stock market based on certain geopolitical news, so put some 35k btc buy orders and 2.5k eth orders and a few other crazy low ones in just in case. Otherwise still dca on eth and waiting for that bounce!

39.6k was last wick for recent support so at 38.7k it’s in a possible spot of bother.

I know some dudes here aped in at 3.6k ETH but I’d be super careful right now.

Everybody is aping long leverage like spastics. Alts and NFTs are weighing the entire market down and need to be nuked. Distribution seems to be happening at so called consolidation levels, the. It’s a leg down ‘consolidation’, leg down etc.

[Mayday]

Calls and puts without showing volume.

21st Jan @ 39k
28th Jan @ 50k / 42k / 38k —> max pain 44k-46k
25th Feb @ 40k / 35k / 30k
25th Mar @ 50k / 40k / 30k / 25k / 20k

[FitnessFrenzy]

BTC $ 39,111.46

[FitnessFrenzy]

ETH $ 2,786.13

[jude2]

ETH $ 2,786.13

I hope it come back.

[Mayday]

2,591 Flex is getting filled yo 

I shall live this trade by proxy through flex.

[Flexacon]

2,591 Flex is getting filled yo 

I shall live this trade by proxy through flex.

Didn't expect it to get filled so soon. Next order is ETH 1.9k and changed btc to 30K.

There really isn't  much in the way of BTC dropping to 30k now. If it goes any lower and stays there then it's gonna take forever to recover. Close to maxing out on my crypto funds. Praying to papa Elon and Saylor

[Mayday]

Didn't expect it to get filled so soon. Next order is ETH 1.9k and changed btc to 30K.

There really isn't  much in the way of BTC dropping to 30k now. If it goes any lower and stays there then it's gonna take forever to recover. Close to maxing out on my crypto funds. Praying to papa Elon and Saylor

Good catch!

Dominance didn’t budge so it ain’t near an actual bottom. This is what I didn’t want to see happen but at 36k and still range low on dominance is dick punch material.

Historically price has gone back to a previous bottom and capitulation happened from there. We had 28k-32k bottom range in July so that’s where I imagine price ends up, people think it’s a double bottom but then it puked triggering the final capitulation.

[affeman]

[FitnessFrenzy]

BTC $ 35,537.13

ETH $ 2,474.91

[Mayday]

BTC $ 35,537.13

ETH $ 2,474.91

BTC got slapped to 34.2k

I’m waiting to see some reports update tomorrow but from what I see Grayscale is being dumped faster than spot.

Oh and SEC rejected Saylor’s proposal to use different accounting methods which would allow him to report his holdings without volatility swings 😂

MSTR I believe their debt is 2.6B now which gives a price of 21k vs debt. The risk is always whether the board suddenly changes their mind when price goes under and order him to sell coins to lower their debt. They were losing 50M/yr operating apparently so it’s not like they are making profit to actually pay their debt.