1 BTC = $8.2k, it’s up 735% this yr UPDATE 5/19: BTC @ $42k :damn:
- Thread starter JordanWearinThe45
- Start date
humminbird
Veteran
welp time to buy more 
Need this 38k to hold. Still above January low and maybe some support just below 38k but nothing guaranteed now. Need some sideways action for the next week and everyone to stay calm. Will be a big difference not just 6, but 12, 18, and even 24 months from now. Seems like just yesterday that the market was crashing from the covid scare and I was just getting heavy into it. So time flies by. Even by end of next month things can change. Just gotta take it one day at a time.
thernbroom
Superstar
You think we in bear market?
bought some ALGO will probably buy more CRO if it dips into the 30s
For me it's hard to say. I don't have much experience like others with the full history of btc and crypto. I had messed with I think ltc and tron back in like 2017 but wasn't as knowledgeable or interested as I am now. Wish I would've been. Looking at the weekly, I see we still above the lows from the summer around 30k. I think that cheap prices attract more investors so it helps over time. Back then it turned quick and started going back up. Reaching even higher prices the next run up. So safe to say the next run can take it over 70k. But if you look at that red candle in summer that took it to 30k there was about 9 or 10 candles after before it ran up so like 2.5 months. Also maintained above the 100 day exponential moving average, orange line. I wouldn't call it a bear long as we above that line. This feels and looks similar to that summer dip. Except this one seems slower cuz that one dipped quick within like two weeks. The possibility to reach 30k is always there but I think the potential outweighs the risks. It's a limited supply asset and also helps drive the market, unfortunate of course but that's how it is, so it has good odds for the long term. As more countries and institutions get in, people will realize that bull and bear markets don't matter. Mass adoption is coming and that will prevent a major bear market. It's been an ugly year but won't last long. Too much opportunity out there and soon more people will realize it.
I said 38k needed to hold and that's what the low for the day was. Granted still half hour left but I think its safe. Crazy tho that it hit that mark exactly. It looks like it wants to run looking at the 4H with those doji candles and then now the afternoon one going up a bit but who knows what can happen over in Asia. Maybe there's a Presidents Day bump tomorrow. I think we can get back to 40k soon enough if folks remain calm. Just keep stacking.
Everything starting to go back up cuz word got out that Biden and Putin agreed to have a summit. That's the thing that makes no sense. Everything relies on the decisions of these old white men. And one statement from any of them can fukk things up for everyone. People selling expecting a war and they playing games with everyone's emotions and can just say there's a meeting and everything changes. They cause panic and too old for that shyt.
Tune in at 8amEST to catch Russia bomb Ukraine.The fact that there was supposed to be a war with an agreed upon start like its a fukking soccer game was already weird enough
Can't the government control inflation if it feels like they caused it? They the ones that control the shipping. Not like we can go get shyt ourselves. There's gotta be something that can be done and it's not just crypto based.
Conspiracy theorist in me thinks these companies especially food corporations are intentionally not making products and raising the prices. Healthy choice meals at my local Walmart went up 50c even though they have had them for months. When the government let's the corporations run things this is what happens.