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

mannyrs13

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might be slow accumulation time for some of us....until 2024... :hubie: I could be wrong, I'm learning like everybody else:whoa:
just ended 7 straight red days in a row and it's already red today. RSI on the weekly chart is the lowest it's ever been, or since early 2015. Volume on a downward trajectory for many months now. Plus the fukkery of that 3AC or whatever they called, and Celsius and everything else. can't imagine if another investment firm gets liquidated or more exchanges halt trading or withdrawals. lot of this margin trading may hurt some of these companies and cause them to sell to stay above water. And then CPI numbers coming again next Wednesday and who knows how the short holiday week will be. Its at a -9% week already and could easily reach 10%. I think CPI numbers gonna look worse this month. Highly likely it touches the 78% fib line I have marked at 16950. Prolly even before that. The closer it is to that line the more the odds it'll go down below it when CPI comes out. If so, 14k isn't out of the picture. If there is a relief rally, doubt it even gets to 21k. June was a 37% loss. The same thing in July gets us from nearly 20k to 12.5k or even worse if higher. 8.5 to 10k might end up being the bottom. I think possibly in October but depends on how August CPI numbers look on 08/10 and as well as September on 09/13. Might stabilize a bit before slowly going down. The numbers I'm interested in are the ones on 10/13 cuz a few weeks later is midterm elections and you know there's bound to be some fukkery with those numbers before the election since the government likes to manipulate some stuff to have things their way at times. So that'll be interesting to see. I'm still holding my fiat for btc and link until things get much worse. October might be scary, and not just on Halloween.
 

JJ Lions

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Good account to follow from the Crypto Banter crew, important dates this month that could have an affect on crypto prices:

 

Arithmetic

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I feel for people that lost their life savings. I've been through a lot and I would be very depressed if that happened to me. You would be locked out of life, which I know all to well the experience of. It's crazy how money rules everything.
 

JJ Lions

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The same thing in July gets us from nearly 20k to 12.5k or even worse if higher. 8.5 to 10k might end up being the bottom.
Was just watching the video below.

Bitcoin bottom.
Lots of people saying - 12-14

Krown is saying 17:45 mark on
4 digits likely, probably close to more to 6-8 k

So Bitcoin bottom 6k-14k are the numbers being thrown around. We're going to find out.



-------------------------
 

JJ Lions

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No one knows where the bottom is.
Of course, like I said, we'll find out. But I think you can get a range/best guess based on history/factors etc. It's already been under 19 recently. It's going to go lower. If it stays above 6k-14k, that would be great. If it goes to those levels, not much you can do about it but take advantage. Can it get lower than 6k? Don't think so, we'll see. But it's not going to vanish.
 

JJ Lions

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Lol that's the creator of Bitcoin. The God Satoshi himself. RIP.
Just reading up on him. Hal Finney (computer scientist) - Wikipedia

"He was an early Bitcoin user and on January 12, 2009, he received the first bitcoin transaction from Bitcoin's creator Satoshi Nakamoto. Finney lived in the same town for 10 years that Dorian Satoshi Nakamoto lived in (Temple City, California), adding to speculation that he may have been Bitcoin's creator. Finney denied that he was Satoshi Nakamoto."

The domain name bitcoin.org was registered on 18 August 2008

On 31 October 2008, a link to a paper authored by Satoshi Nakamoto titled Bitcoin: A Peer-to-Peer Electronic Cash System was posted to a cryptography mailing list

Nakamoto implemented the bitcoin software as open-source code and released it in January 2009.

Running bitcoin 10:33 PM · Jan 10, 2009 - tweet from Hally Finney

Before all that - In 2004, Finney created the first reusable proof of work system before Bitcoin.
 

JJ Lions

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This. idk why y’all still post these prediction videos in here. It should be obvious by now that no one knows how high or low BTC will go.
I literally say that in the post and then explain it further in a following post. If there is something you disagree with, quote it and tell me why.
 

mannyrs13

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shoot, I would love to see a 6k bitcoin by end of year. doubt it gets that low but can see it getting under 10k. the lower the better. no one knows where the bottom is but lot of people can see it in a certain range. just gotta go with your gut instinct on what moves you wanna make. some are accumulating now, some are waiting. everyone is different and affected differently. we each gotta deal with our own choices. it can shoot up suddenly or it can drop down suddenly. people can lose money or lose out on money. nobody can time the bottom and top exactly unless they manipulating shyt. More and more likely that we won't see another ATH until next halving. I know @papa surf and a few others were saying that a while back and I was skeptical but I see their ways. just be ready if it drops real low cuz if it does it'll be good for all of us. just gotta manage to get thru the rest of this year and then things will slowly start climbing back up next year but nothing too crazy. the cheaper the price, the more people we have in and the better.
 

old pig

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shoot, I would love to see a 6k bitcoin by end of year. doubt it gets that low but can see it getting under 10k. the lower the better. no one knows where the bottom is but lot of people can see it in a certain range. just gotta go with your gut instinct on what moves you wanna make. some are accumulating now, some are waiting. everyone is different and affected differently. we each gotta deal with our own choices. it can shoot up suddenly or it can drop down suddenly. people can lose money or lose out on money. nobody can time the bottom and top exactly unless they manipulating shyt. More and more likely that we won't see another ATH until next halving. I know @papa surf and a few others were saying that a while back and I was skeptical but I see their ways. just be ready if it drops real low cuz if it does it'll be good for all of us. just gotta manage to get thru the rest of this year and then things will slowly start climbing back up next year but nothing too crazy. the cheaper the price, the more people we have in and the better.

I imagine there will be some anomalies in the form of a couple alts that will thrive during the bear but overall I just can’t see the market recovering for another 2-3 years
 

satireprod

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I imagine there will be some anomalies in the form of a couple alts that will thrive during the bear but overall I just can’t see the market recovering for another 2-3 years
yep 2024/2025 it's going to be popping....:lupe:hopefully

With that in mind, figure I will readjust the game plan...trying to have it where I'm ready to cash out a good amount in the next "bull" run
 
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