Every bitcoin halving has its own new ATH. It's just like a circle. The more the bitcoin halving we encounter, the new ATH is set in place in the bitcoin price. If the last halving gave us $69k, we are more likely to see bitcoin hit her next ATH of $90k by 2024.

I refuse to buy a new car until 0.1 BTC covers it fully after tax.
Most likely it won't be a Tesla considering their prices are only going up whilst the rest of the car industry are catching up and making more interesting cars with less harsh suspension.

ICYMI

People like pictures too!

1.26Billion --> 218 million is an ~82% haircut. Coincidentally the price dropped after the end of Tesla's Q1

Today bitcoin has reached 24k, which is about 40% of the expected bottom at 17.5k. Unless a reversal back to the bottom happens at these levels, we can say that 17.5k was indeed the bottom. But I wouldn't be too quick to buy now, it's too easy to buy for all those wishing to buy at those prices. There is a chance that the bottom will be tested again.

Or you admit you're wrong

With gold there is also mercury pollution. And arsenic. It's a big problem in French Guiana with illegal gold mining.

In a few decades I expect asteroid mining to increase the supply of gold significantly.


Yes that's my point. When we'll get towards 100K I will think about that and will want to cancel the order.

I'm helped by the fact I lost plenty of coins in various ways so I won't delve into the past too much.

Yeah but if they build ammonia/hydrogen engines it would be mineable  without fossil fuel.

Not that I argue for gold as a value store.

Gold has an issue which is on any give day a new huge supply could be found.

It is possible that gold is more common than copper which would be good for electrical builds but terrible for gold hodlers.

ur still a s l e e p

anyway as long as i know that alaska that produces 40% of all gold is using organic oil as fuel ( they can say whatever they want now )



ps lemme tell you that plant based oil could be fuel for all mandkind

I have a sell order at 100K$. For something like 5% of my stash. The difficulty will be to keep it when we'll be approaching that level, so I'm already preparing myself. When the price goes down under 100K I don't want to have regrets.

This is kind of the irony I find though. Many institutions aren't able to invest in Bitcoin as a reverse asset when it's worth less than $1 trillion (too risky). When previously Bitcoin was worth more than $1T it was around $50K and generally considered either overbought or too risky. Maybe the fact that Bitcoin has already reached $1T and can no doubt do it again there will be buyers stepping in before then though, only time will tell.

Overall, an institutional buy level, well as main accumulation/distribution level (based on volume) does appear to be around $30K. For now I see this level very similarly to $6K to $8K back in 2018, as it's where the majority of volume lies in the past 18 months, as well as where institutions such as Tesla and Microstrategy (as well as others no doubt) invested for the long-term, and haven't yet sold most notably. Institutions also won't mind if it drops to $25K thereafter, if they are investing for the long-term that is. But regardless the derivatives market could have it's way if $30K is heavily shorted, that much is clear.

Bitch please .............. Gold produces more Energy each day than the mining grid uses the whole year worldwide. The mining grid doesnt use little lemme tell you this much. Gold is the most conductive material that exist.

Here is Mooon

Enjoy ☺️☺️

I have some faith in this data model and on-chain analysis of BTC, Let's see how good was this data model after 7 years maybe!

Please do not race much to prove this model right/wrong, my main intention was to get the accuracy & reliability of such data for Bitcoin and then compare it with the on-chain analysis and not get people called "MAD" for believing/observing this kind of data.

Nobody is right, only time will tell.

I do not recommend trading in general, let alone copytrading. For a simple statistical reason: you have more than a 90% chance of losing money. It is easier and more likely to win with Buy and Hold or DCA, if we talk about premium financial assets such as Bitcoin.

When I say trading I mean day trading or making trades with a certain frequency. Another thing is to invest long term and sell partially to rebalance when we are in bull market beating ATHs or buy more aggressively at times like this.

Bought at 26k with max of my capital as I didn't expect it will go this low but it never crossed my mind to feel regret.
That's the perk of being old in the cryptocurrency industry, you don't panic and you trust the process.
Bitcoin already showed how volatile it could be especially at going forward. It never went back to $300 for a long time so time will tell when we can reap the rewards even if you bought at a higher price than now.
Patience had always been the key.