Honestly, at this point I'm thinking the bull is dead for another 4 years. If we don't bounce soon, and to the mid 40s it's definitely over.

I've been wanting to turn it off for the day but I am looking for the bounce first. It just isn't happening. It's fucking nuts, really reminding me of the march dump last year. Just completely fucking spastic price action.

It ain't good.

last time was the s-curve, remember that.

True, and same with me. But I really want this to just stop. This is starting to get to mindrust levels of nasty.

That is significant, and while we have just had a bit of a bounce with decent volume, it seems to be now struggling again. I would expect the real bounce to be 5k minimum.

Edit: Just took a look at my updated net worth. Certainly hurts a bit.

haha, I like the positivity.


Mempool increasing even more, lots of people want out still.

Orderbook not as promising looking either. Probably a good thing, means whales have bought all the coins they need.

Ah, gotcha.

There's been a lot of bottoms lately.


It helps a little.

If this is just a correction in the bull market, it is possible, if not, wait might be more like 6 months. And if we have to wait for another halving, well, I hope not.

Yeah shitcoins finally starting to cop it, my god they deserve it too.

Fuck sake. An asset this large selling off this much, for no good reason, is stupid. New Bitcoin entrants are not what they used to be. There should be a big bounce off this evetually if not it makes zero sense.

I need another payday to do so. So next week for me, but I hope the price is higher then.

Don't go down you bastard, you've done enough of that lately.

That's the good thing about shorting, they have to buy back.

No bounce, another down leg incoming?

I was thinking about that today. I was speculating that perhaps that is the point of the cycle we are actually at, just that things are moving a bit slower now and that it is slower because we are in the midst of a decade long supercycle.

Time will tell.

Ethereum/BTC are the only ones that get any use so that makes sense (even if the major use of Ethereum is to run scams).

Hoping for the severe correction myself.

+1 WO merit

Yeah, we've all been here before, it's not a worry. A new batch of long-term hodlers is being born as we speak, we will came back stronger and in larger numbers, and will continue to do so until the monetary system turns from inflationary, to deflationary, or better yet perfectly balanced. That will happen only when the sheeple wake up and hang their oppressors, so I'd say 30 years minimum.

At the all time high, $39000 would have got you only  0.6 of a BTC, now it will get you a whole 1. New money goes a lot further at these price levels.