Here we are dipping below $35k again. Reset those clocks ladies and gentlemen. We might bounce around $35k a few more times (never staying above $35k for 10 consecutive days), but the obvious reality is that there's only one way to go from here, and it's down; forever. The fact in my sig will eventually become obvious to everyone. This time you've enjoyed above $10k will be seen as the temporary glory days. Bitcoin simply cannot do it.
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This is holding up nicely. Reset your clocks again. 10 days above $35k is just never gonna happen.
You said this on 30th May so technically there are still three days left and bitcoin has to go below 35,000$ within the next 3 days and stay below there. When you say not be able to stay above $35k for 10 consecutive days ever again , this means you are predicting that once bitcoin fall below 35,000$ it will never recover I'm talking about consequtive days. One after another where each day is above $35k. Within the last 24 hours the price was not above $35k. So now we counting from 0 again. It has to be above $35k every day for 10 days in a row. It will never happen again. Yes, I'm predicting it will never recover to being over $35k for 10 days in a row, because I know for certain it won't.
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This is holding up nicely. Reset your clocks again. 10 days above $35k is just never gonna happen.
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Bitcoin can't break out anymore. it's done. Not only do I agree with this, but I've also confirmed it. Once you know enough math and science like I do, it becomes obvious.
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Will Bitcoin die in the summer? It's still technically spring. Bitcoin is already dead.
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Bitcoin has a massive crash and it's going to be down and down. We enter a bear market. dark time for btc.
almost a month and a Half , So when this down and down will come? because it seems that you are really wrong in your speculation. Bitcoin will never go down and down because the nature is going up and up. No one knows if the bitcoin will go up or down in the short term. It can dump to 30K also or also pump and move over the 42-45K resistance. However, one thing is for sure that in the long term bitcoin is bullish. No one knows if the bitcoin will go up or down in the short term. It can dump to 30K also or also pump and move over the 42-45K resistance (briefly). However, one thing is for sure that in the long term bitcoin is dead.
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I can't deny a work of art. But now with your bitcoin you must part. For just as surely as the bull did run, He is now dead; his time is done.
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I'm ready for 40k!
$40k won't hold for 10 consecutive days. Guaranteed and confirmed. What about 35k? you mentined that 35k wouldn't hold either. It won't either. We're, what, 4 days above $35k? We'll be dipping back below $35k again in the next 5-6 days and the clock will start over. Bitcoin is weak in death.
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Their ego are too big to let a simple admittance of defeat slide their mouths. Plus, I think it's too early to call the market has officially exited the bear market, maybe we can let it marinate for a while and see what happens to the market next.
It's not ego. It's certainty from of a perfect mathematical model.
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I'm ready for 40k!
$40k won't hold for 10 consecutive days. Guaranteed and confirmed.
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Looks like the market movement is just about to invalidate this particular death cross.
Just noise. We're in the death part of the death cross already, it's just that some people don't know it yet.
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OP, they were right. It was a “bear market”, but fast forwarded to 10x. In a normal state of the market, if Bitcoin fell from $60,000 to $30,000 from April this year to April next year, that would have been one year of bear market cycle. Thanks to Elon Musk FUD and everyone who panic sold, they made it 10x faster.
Yeah, but still early to conclude that we are still in the bearish cycle, the coin can still be flipped in the next quarter and see a bullish cycle again. $30k-$40k for now, still high from the our last bullish cycle in 2017. We will forget about Elon Musk in the next 6 months for sure, his FUD will not be as effective as what we are, he could have some anti-bitcoin arguments, but for sure majority of investors are getting tired of him toying and creating a lot of FUD. Instead of going $60k to $30k over a year, we did it in a week. And now the never ending, years long bear market bleed out will take us below $10k.
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Get ready to reset the clock.
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Easy call
it's going Up now mate, look at the movement today https://coinmarketcap.com/currencies/bitcoin/closing to break the 38,000 and after that barricade we will see another 40k breaking and then 50k to the final stage this year ? 100,000 Just wait and see mate, you will regret this post in the end year. I guarantee you I won't regret it. That's the benefit of a perfect mathematical and scientific model.
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There will be no taproom lock-in FOMO. Global markets have basically moved on from bitcoin because of its death.
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This 100% confirms the death of bitcoin. Obvious.
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Apple is now allowing crypto in Apple Pay.
Get ready for the next leg down then.
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I expect some steam to pick up into tomorrow. Since we are in a holiday in the US some folks will be paying more attention to their grill than the chart, God bless 'em. But I think we should see some volume and a break out of this triangle, and if to the upside then I think we might see a run at the top of our channel. Downside is more obvious and boring. More downside is more obvious because it's guaranteed.
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If the current Bitcoin suddenly becomes a bubble overnight and never recovers, what will happen to the world?
What will happen is what is happening, because bitcoin did become a bubble and it will never recover.
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