I see a bottom around 25k$... 40% dip from the top.
Don’t look so deep imho .....
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Bitcoin Investors Face Severe Restrictions From HSBC & UK Banks. HSBC and other unnamed UK banks will not agree transfers from cryptocurrency exchanges. Furthermore, HSBC will ot permit Bitcoin (BTC), Ether (ETH), or other altcoin-linked deposit or even deposits associated with a crypto wallet in their customers bank accounts. Is this the main reason for the dump ?
No, the main reason is that Bitcoin price became overbought. Bitcoin can’t be overbought.... though I like the market testing the newbies and shaking the FOMO right back out of them.... The market decide who’s worthy to profit of future gain and usage of BTC
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Cheap coinery available for who’s fast with grabbing some.... have fun buying the DIP to those with spare FIAT available
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Remember .... Girls aren’t stupid, they’ll be leaving a guy in a heartbeat if he has FIAT... they’ll stick around if you have .1 BTC This is just not to far away anymore ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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So the first real correction after break of previous 2017 all time high has arrived. Any guess on when we'll be back past 42k?
I'm thinking mid/late February and then 50k early March. This could very well be too bearish of an opinion.
We cannot rule out the possibility that we will be back to 42,000 by the end of this week.. Your absolutely right there. Can't rule anything out with bitcoin. Soooo ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FhCuMHCo.gif&t=663&c=LC99B-3jqO8fkw)
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Approximately 507$ down for bcash and its exactly where it should be
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So whats next? Up or down? If 41k was the top of this bullrun, this is just a dead cat bounce and the next dump is incoming in a couple hours. It feels like the excitement and momentum has calmed. But hopefully its only the calm before the storm.
![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FjlbEf9x.gif&t=663&c=_BKlfVl3oBZ_Jw) get your grip together soldier ... How is it possible that your a Legendary with 1788 activity in this world of BTCThen again mindrust was here as well... but serious I expect more from people with 1788 activity in Bitcoinlandia
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Who sold at the bottom?
Would you think a’m one of them...? ![Cool](https://bitcointalk.org/Smileys/default/cool.gif) But nice recovery happening, BTC regaining some strength .... Me... gonna have a late night interaction with my GF, after that probably a piss combined with a quick bitstamp check..... After that HODLsleep
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So is Bitcoin ded? Game over? ![Cry](https://bitcointalk.org/Smileys/default/cry.gif) Yeah it’s Bcash atm .... but actually WTF... bcash little pump LoL
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There are other annoying topics we could try as well. How about religion or sports? ![Cool](https://bitcointalk.org/Smileys/default/cool.gif) Sports is still a bit of good, as long as it are my favorite sports ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Or what about FOOD ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif) Food is an excellent topic, not annoying at all. Good good my friend cook-chef .... went to my BTC friends home and spoiled us with Oysters.... Salmon.... Main dish rabbit Belgian way Oreo dessert ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.ibb.co%2FChy6cSh%2F484-EEC88-CB39-42-B4-81-CB-322-F1-B7-C48-C4.jpg&t=663&c=dh9ICkOuvLXpgQ) ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.ibb.co%2Fy0t3GYN%2F239-A06-EB-16-CB-4-B34-BDE1-BD8-BAB4-B5-F72.jpg&t=663&c=_A4Wb0F3Wiaiqw) ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.ibb.co%2F1qFB2zn%2FDCE76-E60-8-E95-4463-A34-B-3-D4-D91-C442-D5.jpg&t=663&c=EOspI4nrSrfgUw) ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.ibb.co%2Fjrs0BDR%2FB6730-A23-6610-4987-AF7-B-EF933-BA5-BB8-C.jpg&t=663&c=6yu-VW6_w2MB3g)
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Well I remember inflation back in the late 60's and 70's bank interest rates surged like mad.
Now banks rates suck.
Your interest is if you have BTC baby.
Every one needs a piece of btc to stay ahead of inflation.
Those waiting to buy are only going to regret not having some to fight off inflation.
Some people say there's no inflation, especially with food prices. I beg to differ. Was at the grocery store just the other day, my total food bill has jumped $80/trip in just 6 months time. Same. Exact. Items. Also, berries? Holy shit. 32 oz of strawberries are now DOUBLE price what they were 6 months ago. Double. Similar inflation with raspberries and blackberries too. Semi right you are, there is also with grocery the season vegetables like berry in the summer or winter will be big differences of prices... You have to compare it more with prices of bread...
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I am growing quite fond of political posts.
If btc shows no movement or whatsoever, then politics is the next topic I guess There are other annoying topics we could try as well. How about religion or sports? ![Cool](https://bitcointalk.org/Smileys/default/cool.gif) Sports is still a bit of good, as long as it are my favorite sports ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Or what about FOOD ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif)
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I think I’m gonna have myself another btc-tattoo after this COVID period
Had my previous one after the 19k top when we where back at 6-k so had it in a bearish market, now I think I earned one when we are in a bullish one
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I am growing quite fond of political posts.
If btc shows no movement or whatsoever, then politics is the next topic I guess
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We seem to be having problems staying over 40K. Is this just a natural correction and Resistance or should we be worried
WoW, bit fast to be worried .... to crazy to discus in fact
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A couple of Bitcoin related hats commissioned by El duderino_ ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FOyQ3aus.png&t=663&c=n8PD4itzeLi4AA) ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2Fh0fTvEa.png&t=663&c=dVbljuLz9dJtPA) Feel free to use and abuse them. Abusing as we write Cheers, thx Imo the wizard and roller are most epic drawings in BTC-world Maybe this is fine as well, but that hat is already out there
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