According to S2F model it's only up from here boys.
Congrats on surviving the bear.
Daily reminder the Bottom is in
Daniel Murphy
Other urls found in this thread:
decrypt.co
digitalik.net
twitter.com
Adam Campbell
it wont go up until people stop posting this fucking chart
Luke Allen
BBQ season start later this year
Brody Hall
Kek imagine believing this meme bullshit. Everyone thinks it's going to moon next year, so it will do the opposite. I'm so sick of retards like you and PlanB on Tw*tter that think they're some kind of investing genius because of this fucking meme chart. Kys
Ian Torres
16k-20k by end of year, 100k+ by August 2021
screencap this
Charles Ross
I can post numerous articles on why it will go to 100k+
Only absolute brainlets are selling or trading in alts at this point.
Logan Watson
also several companies started to use bitcoin as savings account, about to buy millions in btc
Noah Watson
Bitcoin is going to 500k by 2022
Lucas Kelly
STOCK 2 FLOW!!!
Angel Cook
>guys my meme company that no one has ever heard of has all of their asets in Bitcoin now haha I'm so cool.
You sound like those libertarian fags that used to be all over the crypto space years ago
Caleb Wood
>You sound like those libertarian fags that used to be all over the crypto space years ago
The ones that got rich?
Cameron Martin
DENIED
it also still can go lower
David Hughes
Over the long term it will go up guaranteed, but there is large amount of money to be made liquidating longs along the way no doubt.
Robert Morris
Gabriel Howard
Every time it crosses a psychological milestone it hovers there then rockets.
Look at $10, $100, $1,000, and now $10,000
In 60 days we rocket to 50k+
Luis Sullivan
200 weekly moving average is the floor now, user. Never in Bitcoin's history has price gone below the 200 WMA
Everyone doesn't think that, just people who comprehend scarcity. Most people cannot wrap their head around scarcity and will be driven by emotions moreso than logic.
Nathan Evans
Kek old news.
decrypt.co
They’re buying more, and there is only so much the miners who sell OTC can supply.
Dominic Bailey
It's going to be fucking unimaginably wild when the supply side dries up. Like when people were fighting over toilet paper at the beginning of the year multiplied by ten thousand
Aiden Peterson
is this the original or the "fixed" chart when the price didn't move like he predicted
Cooper Stewart
>Everyone thinks it's going to moon next year, so it will do the opposite.
Correct. It will moon this year instead.
Anthony Moore
you can use this
digitalik.net
Daniel Hughes
Not many are doing the math, I did and I want to keep it for myself.
I will however drop crumbs for the autists who can follow them.
You can wayback machine greyscales bitcoin fund numbers that are being displayed on their website.
From there you can calculate how much they accumulated this year.
Now you can calculate pre Halving upto May BTC/day and post mining numbers.
There are numbers on santiment that shows how much BTC the miners sold on exchange daily.
With all these numbers you can check the demand pressure on the OTC side for BTC.
It’s literally a dam about to burst. No wonder they are liquidating so many positions to gather BTC.
Joseph Lopez
>It’s literally a dam about to burst.
I heard a rumor the miners liquidated more bitcoin this time due to being squeezed by the covid stock/crypto crash in march.
When you compare it to last time around when bitmain controlled all the miners I can see miner competition being alot better this time around.
What did you find?
Christopher Parker
dude stfu srsly I need this
Carter Ross
I don’t pay heed to rumours, much rather prefer focusing on raw data.
Easton Butler
I'm convinced at this point that the only folks long-term bearish on BTC are either newfags too dumb enough to get it, or poorfags simply resentful they can't/didn't/won't be able to allocate a comfy enough position.
Elijah Anderson
nah there is a million retards on biz who think btc is obsolete tech
Josiah Campbell
feels like late 2016 all around
Tyler Parker
Just like millions think gold is obsolete. Except it is now that bitcoin exists
Grayson Gutierrez
I mean it's litetally nothing more than a distributed ledger. ETH has infinitely more usecases
Parker Harris
Past results don't determine future outcomes.
Lincoln Jenkins
Based and redpilled. Ethereum is the gold with finance industry embedded in it.