Why is it now all these bears are allowed to run free without getting scolded by JayGuanGee

The high powered bounce off of 6K with 3-year record-breaking volume begs for some kind of rally to follow. Major bounces like this always run at least 100%. Also in the entire history of bitcoin, bitcoin does not fall more than 80% in a 3 month period and a huge rally must follow to sucker more people in. The fake rally goes halfway or almost all the way back to ATH. There is no basis for bitcoin to suddenly lose 95% of its value and go below the previous ATH - that is agorophobic thinking.

I guess the volume needs more iron. Anyone have a black and white chart?

I've been trying to cut back on using 'we' myself lately.


Did I tell you about how I started hallucinating during the Dec 2013 crash?

I'm am not calling 1K. However even if 1K was coming, 10K would come first.

I need more than a single call to consider someone a prophet. 5.5K was a super easy call, I made it months ago, and my opinion is we are seeing 10K before we see 1K

You have to stop it with this fear

I think you under estimate how much crypto can affect you too, especially if you let it interfere with sleep.

The next question is what are all these shitcoins going to do. I would prefer if ETH just stayed down, rather than running even more than btc.

Are bears still considering 3K with THIS chart? Really? Give it up and go back to hibernation. The groundhog saw his shadow. You can come back in 6 weeks for the crash from 13K.

Highest volume since the 2015 breakout

This is no glade.

I guess the big question is, is this a Jan 17 - class glade?

that was China

Theres already more volume than the feb 1 glade and its only half the day.

Shitcoins are a way to earn more bitcoin. Its much easier than trading fiats.

China banned bitcoin in 2013. All the Chinese exchanges finally went down in 2017 which served as a silk-road-like launchpad for the rally. I dont know how china is relevant now and why you are trying to necromance this idea from the dead.

Its the volume. That last bounce on increasing volume sealed the deal with this being a really high volume day and it cant go down without doing even more volume. Also right now the 1D chart looks like a hammer candle.

Wells Fargo not letting me buy GBTC.

Because they always do this during major bitcoin movements. Alts act like leveraged bitcoin because are panic buying and selling the ALT/BTC ratios in the same way as BTC/USD plus they have less liquidity. Just look at what the alts of done already in the past hours versus what bitcoin has done. ETH and XRP both rose 32% from their bottom while btc rose 22%.

The bears tried to give a national address that we urgently needed to sell at 6K. I bought instead...