I am in utter disbelief we just shouldn't be here.  maybe 17.6 k was bottom? it was the high number for miner support bottom There is no bounce, none. I don't beleive we have hit it till we see a bounce and at this rate that might be never. Not sure yet 17602 to 18024 is a bit of a bounce now flat in 17900-18000 and over 18.1 now https://aggr.tradeSo, my little mindrusts: who sold at the bottom?  |
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I am in utter disbelief we just shouldn't be here. Same here... it's like some bizarre dream... a nightmare...  |
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If you feel depressed now, just imagine: some guy somewhere has bought BTC at $69000 (or $68xxx). Imagine what it feels like to be him now? That's what I call PAIN!  |
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from 20500 to 19000 seems like microstrategy liquidation , anybody here know any news about them , follow the sound crying CEO.
STFU you troll!  |
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Consider selling 20-25% of my Bitcoin. Anyone else? I have this great reset theory and now they introduced the digital USD. Its going into that direction. I start to be worried BTC will end up like Luna, once the panic kicks in? Dumped to 18.6K and nobody is buying WTF. I am in since 2013 and ever since holded BTC. Never took profits. Never sold. I would go nuts leaving this game without a cent in my pockets after 9 years  All these people writing only an idiot would sell at these levels. I remember people were saying the same at 69K while talking about 300K. Edit: I have gone through 2 bear markets and the covid dump. But never had I felt that dark powers are involved. Unless now. Thats why my worries. Man I know it's hard, I'm in the same boat. I'm all in, probably overinvested (I don't like this term but ok) and this bear is MUCH worse than the previous one. Psychologically in the first place, because of the blowoff top missing, sea of red on the graphs, inflation, war, anxiety, overall market conditions etc etc... but, as El Dude helpfully reminded today: guys, don't mindrust! It's hard I know, but please HODL! We are the last spartans holding the line. Who else can do it if we're done? |
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many bought around the 200WMA, but slowly we get into the price territory where people start to be afraid to buy... that's when smart money loads up and bottoms get formed..
However the market seems so manipulated rn with these forced liquidations that that kind of thinking might be useless
In order to dump coins one has to have coins... |
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Well, that's one way to decouple. Someone is liquidating big time
Why wait for the weekend though, they should of done it yesterday. There were huge ask walls hovering above $20k trying to extract the max value, looks like volume at $20k dried up so they decided to push lower, now hovering above $19k looking for buyers. But you are right, timing feels nefarious, Fri night into Sat in US, like long squeezes back in the day, so no one could get fiat into exchanges till Monday. I guess there are still these various lending companies they wanna liquidate... I think this is the biggest problem. Degens have borrowed on top of borrowing and it's all coming undone now. Not sure how deep we go but just broke into the 18's so still some pain yet it seems if these liquidations happen, I think we might well go into 11k That would make ~84% down from ATH. Last cycle we went down ~83%? However, I won't be surprised... |
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We're now ~72.5% down from ATH. |
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WHAT!? As I was sitting here trying to do the community a service, I almost got liquidated for the last of my BTC. Such a fast crash! I saw it dip under $20k. By the moment I got into my account, it was at 0.63% health. I got in the 100 USDT I gathered earlier (and should have immediately added, duh). Probably beat the liquidator bot by a few milliseconds... It has already wicked below the liquidation price that I had before that deposit (~$19,170). How fast can we fall another $2,000?  Hey, look, don't trade! Just don't fucking trade. Not right now. This IS a financial advice. Don't do it. You're bad at it... Absolutely, I've read every one of his posts and each time I think he's a bigger idiot than the last; he never learns Sometimes I think he's trolling us... I just can't believe someone is just so stupid or unlucky or both... |
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That red dildo on a weekly is ENORMOUS! Please, can we have a dead cat bounce at least? |
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Do not Mindrust brothers
Perfect timing, man! Indeed: don't mindrust! |
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So much for the claim the BTC has never fallen below the previous cycle. Just yesterday I feel like Saylor was on tv saying nobody has ever lost money on BTC that’s owned it for more than four years. A shame that is no longer true. I guess it’s a sign of a maturing market, but with all the doom and gloom out there it feels a bit like we’re about to fall off a cliff price wise.
So far it has only been purely symbolic - we haven't gone below $19k just a quick dive below $19100? But it ain't over, let's wait and see... It really doesn't matter anyway. Things are going south yes, but it doesn't mean that this is the end of Bitcoin. Things will recover, the Fed will see to that when they are forced to reverse. Haha I'm 100% sure it's not the end of Bitcoin. You know I'm a retarded permabull, hodling for more than a decade... who else if not me? |
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WHAT!? As I was sitting here trying to do the community a service, I almost got liquidated for the last of my BTC. Such a fast crash! I saw it dip under $20k. By the moment I got into my account, it was at 0.63% health. I got in the 100 USDT I gathered earlier (and should have immediately added, duh). Probably beat the liquidator bot by a few milliseconds... It has already wicked below the liquidation price that I had before that deposit (~$19,170). How fast can we fall another $2,000? Hey, look, don't trade! Just don't fucking trade. Not right now. This IS a financial advice. Don't do it. You're bad at it... |
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So much for the claim the BTC has never fallen below the previous cycle. Just yesterday I feel like Saylor was on tv saying nobody has ever lost money on BTC that’s owned it for more than four years. A shame that is no longer true. I guess it’s a sign of a maturing market, but with all the doom and gloom out there it feels a bit like we’re about to fall off a cliff price wise.
So far it has only been purely symbolic - we haven't gone below $19k just a quick dive below $19100? But it ain't over, let's wait and see... |
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This is the move that removes the last of the weak hands I reckon. Only ones remaining after this are those who will hold to 0.
That would be great but who knows.. I wouldn't want to spend next 2 years in Vegeta area or something... |
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Seems to be a massive dump and a fierce battle in $19xxx ... how low can we go? |
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So, it happened for the first time in BTC history... weekend bearish attack on the last cycle's ATH succeeded?  |
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Haven't shared this with anyone who knows me IRL (though I have many Crypto Friends) and really wanted to share this with all of you. I made a good amount of profits in Binance Futures (IK, Leverage trading is risky but I only did x3 for all the trades) just by believing on my own ideas and analysis. I know this is not a big amount of money for many of you here but believe me, I have turned like $3k to $17k with just simple trades. The best being this week, a short from $31k to $22k. I am no longer willing to invest a single dollar on leverage trading and have already invested good amount of money on buying the current correction. Not a flex or something, just wanted to show everyone what you can achieve by believing in yourself. Ignore my handwriting though, spent most of my life being a keyboard warrior.  No amount is small amount if you have earned it by trading it's quite impressive. I don't do any trading myself but respect anyway! |
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Come on baby. Bounce, bounce!!!  OMFG! |
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Imagine buying in Dec 2017 at $19,326 just to see it at $21,326 after 5 years of HODL.  Yeah that gotta hurt... but let me tell you: it hurts every single time even to those of us who bought at $2. Seeing BTC going down is a torture for every true bitcoiner. |
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