1 BTC = $8.2k, it’s up 735% this yr UPDATE 5/19: BTC @ $42k :damn:

ORDER_66

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Shinja finally fixed on cb wallet but I gotta reset it cause the glitch said I got millions I'm like :beli: yeah sure buddy :mjlol:
 

BornStar

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Not looking good at all. If you have time check out this video it's very informative with TA and price targets :patrice:


I might sell some more and buy back in.
 

mannyrs13

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It could be at this same price in late June if it continues following current trend. It had a -10.36% day on 01/21/22. Then a few days later on the 24th it hit the bottom and bounced back. That was 32933 so right below 33k. The following dip was 34322 in late February. 35k has held since then, this just the closest its been tested at. Of course plenty has changed since then. The goal is to get back over 40k, hopefully by end of month but sooner the better. A close today over 36.5 would be great and not impossible.
 

GoFlipAPack

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It could be at this same price in late June if it continues following current trend. It had a -10.36% day on 01/21/22. Then a few days later on the 24th it hit the bottom and bounced back. That was 32933 so right below 33k. The following dip was 34322 in late February. 35k has held since then, this just the closest its been tested at. Of course plenty has changed since then. The goal is to get back over 40k, hopefully by end of month but sooner the better. A close today over 36.5 would be great and not impossible.
Fuk this crypto shyt:francis:
 

Xyrax

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I think on chain data says that 33k-34k is going to be a major pain point for a good chunk of short term investors that have been holding 9 months or less. If its true and we start trending in that direction, it will get ugly.

More and more people will start thinking "Im gonna get out completely" or "I'll sell now and rebuy lower" and that's usually when a bad slow bleed happens. Could be setting up for a bad last half of the year for BTC prices, which would translate into a wasteland for most altcoins.

The Fed starts tightening June 1st, and there's another .5 rate point increase coming in mid June. The market never usually goes straight down, so we will probably see another rally this year that pops us up to or above 40k+ but after that I expect the real collapse. We will see.
 

JJ Lions

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Just keep in mind what happened just last year, take Bitcoin:

2021 Bitcoin
March 16 - 62,000...about 3 months later
July 13 - 32,000

big drop, almost half but........

November 10 hit an all time high of about 69,000

I know things are different with our economy and other factors but things do tend to bounce back up.

As far as some alts getting wiped out, I mainly stay in the top 50 with coins that have actual projects behind them so not too worried.

Looks like our economy is going to be shyt for awhile but things always bounce back. Could be looking back at these days and wish we had invested more. Buying opportunities.

I just got into this last year but what were some of the other big bad times. 2018?

Bitcoin was up about 17,000 late 2017, early 2018, went all the way down to around 3,500 late 2018. That's like an 80% drop. Bounced back up later. Didn't die, just chilled out, took a little vacation.
 
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mannyrs13

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Slightly below the 100 week EMA line but still has over 72 hours to close above it. 37k or above to end the week. Hasn't closed below that line since April of 2020. Some strong dip buying thru the weekend is needed.

@JJ Lions

It touched slightly below 29k last June and then slightly above 29k in July and hasn't been that low ever since. And thats with all the inflation and economy and the gas situation and everything else that has happened, crypto or non crypto related these past 12 months or so. From May to July the support looked to be around 30 to 31k on a weekly chart. Now from mid January it looks to be around 35-36k not closing a week under those numbers.
 
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