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

[Flexacon]

The way I had it tagged, today is the last day of the outlier for BTC to rally and close above 59k which would signal we will have a 2013 rally event.

If we don’t rally today through to Monday I take that as no 2013 rapid end and will look to a repeat of the trend 2020-2021.

Note the same day last year was nuked…… nothing more than a last minute beat down to long from 10% lower starting point. Seasonality is in our favour and I am all in at this point.

They day after the July 21st dip caused by delta covid news was basically the start of the current bull run.

[Griffith]

They day after the July 21st dip caused by delta covid news was basically the start of the current bull run.

This dip is a good sign.

Especially considering that it has hit and bounced off support again, about 4k for ETH.

[Mayday]

They day after the July 21st dip caused by delta covid news was basically the start of the current bull run.

Yup, the big players wiped out everything today. Oil beat to shit. Tesla beat to shit.

They are all buying it up, just like in September and then we rallied higher.

The irony is using a new delta strain to justify the sell off when history tells us it is a strong rally signal because it means continued QE, stimulus and no tapering……. Crypto will rip and we look for a top in April or Nov/Dec 2022.

[Flexacon]

Yup, the big players wiped out everything today. Oil beat to shit. Tesla beat to shit.

They are all buying it up, just like in September and then we rallied higher.

The irony is using a new delta strain to justify the sell off when history tells us it is a strong rally signal because it means continued QE, stimulus and no tapering……. Crypto will rip and we look for a top in April or Nov/Dec 2022.

 Wasn't looking forward to a parabolic cycle top and staying in stable coin if we did peak in dec/jan. A slow extended cycle is much better, potentially better gains too!

[Mayday]

Wasn't looking forward to a parabolic cycle top and staying in stable coin if we did peak in dec/jan. A slow extended cycle is much better, potentially better gains too!

There is going to be so much sell pressure at 100k it isn't funny and i just don't see us bursting through it like butter on the first attempt.

A longer timeline opens up higher values, instead of 130k we can look towards the 200k mark. I would much prefer an end of 2022 run but i'll take whatever happens.

Depending on perspective, one could argue because of less volatility, things have gotten quicker.
April peak - July bear market bottom - April 2023 peak - July bear market bottom - December 2024 peak etc.....

Without the insane peaks happening to BTC, i just don't see why we would have any multi year bear markets in crypto in the future. Look at Amazon from 2007 and you see a constant rise from $35 up to $3,500. All it took was 14 years and crypto is moving WAY quicker than Amazon.

[Griffith]

Cardano (ADA) has been under-performing recently compared to BTC and ETH.

At levels not far off from early this year.

[SexyCustomSynthesis250]

Cardano (ADA) has been under-performing recently compared to BTC and ETH.

At levels not far off from early this year.

this is great to know

I think I'm going to hop on the old DEX and buy your fucking bags

 


With Good Nutrition, ...Good Things Happen!
This posting is © by
Dan Duchaine, 2006

[Griffith]

this is great to know

I think I'm going to hop on the old DEX and buy your fucking bags

 


With Good Nutrition, ...Good Things Happen!
This posting is © by
Dan Duchaine, 2006

 

[SexyCustomSynthesis250]

Griffith fella, are you HODLing any ADA?

It'll bounce back (although the eTORO delisting was a kick in the balls) so dump it when you can and don't get caught buying into shit projects headed up by fags, trannies and trans-humanist idiots like Charles Hoskinson and chums

 


This posting is © by
Dan Duchaine, 2006

[Flexacon]

We are getting massacred



Our last best hope for the year is a repeat of 2017. Crypto flash crashed in mid December and then Alts went parabolic until mid Jan. We are in December and we have a flash crash...

Otherwise it's a long hodl for 2022 and glory.

[Griffith]

Griffith fella, are you HODLing any ADA?

It'll bounce back (although the eTORO delisting was a kick in the balls) so dump it when you can and don't get caught buying into shit projects headed up by fags, trannies and trans-humanist idiots like Charles Hoskinson and chums

 


This posting is © by
Dan Duchaine, 2006

No, not holding any ADA.

Did have some in the past though, but put most of it into Ethereum.

[Griffith]

We are getting massacred



Our last best hope for the year is a repeat of 2017. Crypto flash crashed in mid December and then Alts went parabolic until mid Jan. We are in December and we have a flash crash...

Otherwise it's a long hodl for 2022 and glory.

It's still looking good.

[FitnessFrenzy]

Ouch. I don't want to see how the stock market opens on monday 

[FitnessFrenzy]

[Spike]

buy the dip

by the time you come off Dbol to start cutting come springtime you earned a few kits of George Henry

[Griffith]

ETH still holding up really well.

Dipping less than BTC and recovering faster.

[Griffith]

Ethereum flipping Bitcoin is a formality at this point.

[Flexacon]

It's still looking good.

Eth back at support and looking good like you said. Even a small chance for a green daily candle by EOD, but BTC is looking scary.

BTC could still send everything crashing. Stock market uncertainty, evergrande/ Chinese bonds, US debt, Omicron could all send BTC sub 30k.

I'm staying in for a potential parabolic ALT run, but it's straight up gambling right now.

[Mayday]

Eth back at support and looking good like you said. Even a small chance for a green daily candle by EOD, but BTC is looking scary.

BTC could still send everything crashing. Stock market uncertainty, evergrande/ Chinese bonds, US debt, Omicron could all send BTC sub 30k.

I'm staying in for a potential parabolic ALT run, but it's straight up gambling right now.

BTC will be fine.

The reality is we have no FOMO but maxis and idiots were all going spastic long on margin in anticipation. Big players can see all the positions along with stop loss positions (unfair I know).

1.8B of margin positions wiped out in an hour lol.

I had last Friday as the last day to make a 2013 run likely. Missing that means the next marker I have is 15th December for a starting uptrend.

I just don’t believe 100k will be easy. We might see something like 93k April - dump - 180k December. 2022 but then importantly I think 100k holds as support.

[OneMoreRep]

Meanwhile, so many are concerned about $BTC's dip, whereas I was instead hoping for a steeper drop that would pull other coins with it. I was hoping for Ethereum to get to lower levels ($1,000) in order to invest the house on it.

"1"

[Shakh]

Bitcoin USD (BTC-USD)
CCC - CoinMarketCap. Currency in USD

49,186.56-4,412.93 (-8.23%)
As of 11:21PM UTC. Market open.

[jude2]

Meanwhile, so many are concerned about $BTC's dip, whereas I was instead hoping for a steeper drop that would pull other coins with it. I was hoping for Ethereum to get to lower levels ($1,000) in order to invest the house on it.

"1"

I want to get back into ETH.  I just don't see it going to 1K.  I would be happy to buy back in at 2,500

[Flexacon]

We would all love ETH on discount, but we need to learn from the past and BTC maxis here.

Once upon a time BTC was at the same stage price wise as ETH is now. Long term it is only going to go up. Those who did best from this point with BTC were the ones DCA. You can wait around for a discount and then find ETH suddenly at 10K. Your next discount is 6K, 4k suddenly looks like a bargain.

DCA will take you to glory!

[Griffith]

I want to get back into ETH.  I just don't see it going to 1K.  I would be happy to buy back in at 2,500

There's strong support at the 4k region.

[Mayday]

Microstrategy bought 414M worth of Bitcoin.