Fucking hell boys.
Is it normal to get rock hard cock looking at this chart?
Josiah Price
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twitter.com
Oliver Watson
we r all finaa make it
Jaxson Ward
Bitcoin is about to explode in the next few weeks.
Levi Howard
Yes
Alexander Lewis
we're about to witness a mega pump
Camden Lee
Since everyone thinks it’s going to go up it won’t
Mason Bell
15k this summer.
Go back to 8k autumn
17k EOY
Chase Bailey
I wouldn't predict this but its possible.
All i can know looking at that chart is that it suggest that around 1-2 years from now we will be wondering why we didn't buy more today.
I see a case for 12-16k top by summer before big correction, as well as a scenario where it crashes back to around 6-7k after 10k before a moon.
but i dont play such move, too risky for me. Just focus on longing any big dips now never short.
opposite of shorting ever top in bear market and never longing
Leo Bennett
So let's get realistic. I believe that the previous post-halvening rally was a 'perfect storm' of media/normie attention just at the right time, and unfortunately I don't think we will see a repeat of it. Sure, there could be a smaller bump due to interest from more knowledgeable investors during the time of the halvening, but new highs at 100K? Does anything really point to a December 2017 -like boom, save for some nice chart patterns? People tend to see patterns where there is really nothing but coincidence.
Jose Ross
Bitcoin will never go over 20k
Cap this and cope all you want
Adam Bennett
unironically this.
Also BTC is slaved right now to the general market and anyone expecting a V-shaped recovery is a brainlet.
Alexander Evans
Getting attention and planting stories in the media is the easiest part. Any whale can pay for it. And it only came because the price was steadily going up.
The question is whether the wash trading bots can still bid the price up without losing too much money with all the participants trading it now. Takes longer to steer the ship now.
Camden Morris
Stock-to-flow. Not just a chart pattern but a hypothesis on how bitcoin is valued. Absolute scarcity of a financial asset has never been achieved until bitcoin.
Luis Gutierrez
If you're a retard, yeah. Big drop soon
Cameron Reyes
Fucking hell!
>it's gonna hit $1million!
I was the guy who told you all to buy Ethereum back in 2016...it's gonna happen, the sell off/correction is real.
The perfect storm is upon us.
Angel Diaz
Just to give example of media shenanigans in 2018:
>Some fucking noob insider market buys 600,000 stellar then I believe market buys ~200,000 a bit later.
>Segment on CNBC runs the next day.
>Market sell dumps a bit after the video once price went up
pic related
vid is here but you have to scroll up:
twitter.com
I believe number go up but my jimmies just doesn't believe in the model. I think it will be invalidated.
Wyatt Smith
gold is dumping and so will bitcoin. The store of value meme will not work in a global liquidity crisis
Also btc is more like a speculative investment right now
Nolan Clark
It is just a model but it’s hard to ignore. But math is there with a R-squared of 99+%... The risk/reward is so insanely asymmetrical it would be dumb to not own any btc
Chase Jones
imo the following is best:
buy bitcoin now!! no buy it yesterday!
hedge on a futures platform with a short position equal or close to equal to market value of your btc cold stores on margin.
choose your leverage so stop hunts and dips don't bother you!
if bitcoin goes down you are hedged, if bitcoin goes to $100k tomorrow you blew your account but your cold stores mooned.
you need to be ready for immediate hyperbitcoinization! because the s-curve is going steep soon.
Austin Gray
I think bitcoin will fair far better than most assets in a liquidity, or insolvency crisis. Your average bitcoin hodler believes in saving of money. So hypothetically they have less debts to service and be in a position to continue to hodl rather than sell off
Aiden Ross
I sadly reduced my stack from 2 BTC to 1.5 during the crash to buy some puts. Will I make it? My target is 100k or above. Would market sell everything at 500k.
Evan Barnes
>implying everyone isnt saying that halving will dump it
Ayden Morris
What are your price targets for Dec 2021? I'm aiming for 60k
Elijah Myers
119,000
Brayden Wood
bruh institutions are the ones selling
average joes will always be a source of liquidity and nothing more. This is a zero sum game and for a large player to exit many small ones will need to buy high
Blake Garcia
with the new generation mining gear, breakeven price can be reduced to 2k-4k for miners with cheap electricity costs
I suspect halvening will be a pump and dump for strong miners to wipe out weaker ones to accumulate low one last time before btc and gold becomes safe haven post liquidity crisis and hyperinflation starts to take effect
Elijah James
100k
>with the new generation mining gear, breakeven price can be reduced to 2k-4k for miners with cheap electricity costs
You're a newfag and you don't know shit about difficulty adjustment. I tried to get into the mining game back in like 2013.
Jordan Bell
the fomo is real. but i dont want to buy now. hoping for a dump to 6k or something. fuck. not gonna happen. even buying at 8 or 9 isnt that bad if it goes up to 12 or more.
Michael Evans
How many dumps to around 6K do you need? Would be the 7th in 4 years. The region between 3k5 and 6k8 is now solid support, don't see much able to break it.
Aiden Hughes
It's gonna dump to 5-6K and crab along there for months. It's the dreaded corridor
Liam Ward
yep, wave e
Daniel Garcia
i only just started looking into crypto. missed those last 4. prob dont deserve a 5th. so youre right. hope you guys make it.