Yesterday on the news in Bulgaria there was a reportage about some mining facilities that stole electricity form the nearby villages. But what suprised me was the narrative: "Currently Bitcoin is traded between $10 000 and $12 000, and it is expected to be over $20 000 in the next year." And I thought only the hodlers are convinced that this will happen next year. It appears that even the sceptical journalists are convinced too. The same journalists who in 2017 were speaking of a "buble, tulips", etc.... This is so bullish! Edit. I appologize if it was posted before, but many are on my ignore list  From the official twitter of Bakkt: Today kicks off user acceptance testing @ICE_Markets for the Bakkt Bitcoin Daily & Monthly Futures contracts Testing is proceeding as planned with participants from around the world https://twitter.com/bakkt/status/1153386876801310730?s=12 |
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Weekend pump are back!   Edit. 11 000 is back too, bitches! |
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Closing this fraud exchange will be quite bullish for Bitcoin. We might have been at 100K already if Bitmex didn't exist. |
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 Mi sa likey thisa pomp! P.S. Few hours earlier when we fell to 9400: Double bottom would be good. Higher low even better. For now it looks more like a bear trap. The support at 9K in CB is pretty good. Who knows, may be this was the critical moment when bears lost their temporary control. From now a new long bull leg could form up to 17-18K area.
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Double bottom would be good. Higher low even better. For now it looks more like a bear trap. The support at 9K in CB is pretty good. Who knows, may be this was the critical moment when bears lost their temporary control. From now a new long bull leg could form up to 17-18K area.
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In 2017 we had multiple crashes that led to 40%+ drop from the previous AYH. And the price always recovered. In the last month we had 2 crashes that led to a 33% drop from the AYH at 13800. Should we be worried? I'd say no! On the contrary, we should continue buying and removing bitcoins from exchanges. I still think that we may cross the ATH of 20K this year, but if not, after the halving this is certain. Therefore have no fear, just BTFD!
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Jeez! Bears are hungry for n00bs flesh. Boring! Hopefully, the n00bs will rebuy again, otherwise they will be left out of the train. I wonder how many of them that sold at 3K area for 3 months rebought higher or became hater nocoiners. The same will happen wiith those that sell now, if they don't commit suicide when they see the prices next year. But I don't care! I am going to play some rock with a friend of mine.  |
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It looks like we've just bounced from the double bottom at 10K. Let's go to 11-12K as quickly as possible.  P.S. Do you remember, when 5 months earlier some of us thought 3100 wasn't the bottom  How would this 10K bottom sounded in our ears then - an impossible dream. So there is absolutely no reason to be unhappy! |
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The next 24 hours are critical. If the bears fail to bring it down further, the bulls will have an open seson to shoot down the bears and kill the ATH.
Are you talking about ATH or AYH? Seems a bit too premature to be talking about ATH, just yet, right? Don't we gotta get above AYH first, and also once we get above AYH, there could be some resistance in the $16k to $17.5k arena that slows us down in terms of getting to ATH..... yet I tentatively believe that once we get into the $17,500 or above range, then there could be a bit of "inevitability" that gets factored into BTC price dynamics, and sure nothing is a given in BTC, but kind of still seems that $17.5k to about $24k is going to remain a kind of deadman's zone... Surely, you can trade a bit to kind of protect yourself just in case the less likely scenarios play out, but the more likely bet is that we are not very likely to get stuck in the $17.5k to $24k for very long, unless we shoot significantly past them first.. perhaps $40k-ish minimum... By the way, personally, I still will sell a bit of coin in the $17.5k to $24k price range as a kind of mechanical insurance, even though I kind of consider selling in that whole range to be a kind of charity from me to BTC 's market liquidity - while at the same time, I just have some difficulties diverting too much from a plan and schedule that I have already developed that seems to work pretty damned well for my own situation including my psychology. I meant ATH but in 3-6 months perspective. If the bears push the price way below 10K, it will take more time to breach the ATH. The bulls on the other hand want to breach the ATH as early as possible to drive the price in the 40-50K area after the halving. I agree with you that there will be some resistance at 17-18K. But I think the bulls will be prepared for this important target and there is a chance we would pass the ATH without a correction at 17K, just like we breached easily 10K. Of course, the correction around 17K is more probable, but I won't bet on it to trade. My stash is so small that I can't afford to lose any of it in a bad trade. I just value Bitcoin more than the fiat. If we are going down, I am only sad because I am not able to predict the dips and rebuy lower. I never regret for the lost fiat value. I never play lottery, but if I play and win millions, guess what I would do with most of it! That's right, I will buy bitcoins! I would love to have several hundreds of millions and execute a direct buy on some exchange to shoot the price up by 20%. And one day if I sell, I would sell carefully in small portions only what I need in real life. Not like those morons that crash the market with panic dump sells. Oh, I got carried away... I am sitll poor in terms of bitcoins  As for the fiat, I have exactly the sum I will be paid until I retire, so I am not fiat poor at least in my shitty country. |
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The next 24 hours are critical. If the bears fail to bring it down further, the bulls will have an open seson to shoot down the bears and kill the ATH.
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Just saw the anti bitcoin Trump tweets. I’m surprised the price didn’t dump due to weak hands, I guess it just shows us that the market has matured so much. A couple of years ago that tweet would have made the price crash 30% or something.
Keep HODLING gentlemen!
Nobody is expecting Trump to say he is a fan of Bitcoin and is going to buy some The fact he is tweeting about it with a negative tone is actually a good advertise. Not many people like Trump in USA and especially abroad. And even his fans are aware of his economic ignorance. On the other hand, what the Federal Reserve Chairman Jerome Powell said, comparing Bitcoin with gold as a store of value, has a much bigger significance. In short: he is an expert, while Trump is a n00b. Everyone knows it |
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There is nothing to worry (yet). The bullrun is still in play. ATH @ $50-100k incoming. (as long as we don't dip below the orange line.) Even a pull back to $7k is OK at this point and would provide a good (and probably the last) chance to increase your number of coins. 1 day left to super golden cross. Everyhing is awesome.  It looks like the drop from yesterday is over. RSA on the 1 hour chart was 22 on the 2 drops to 11800 and 11200. This is lower than the 2 drops that led to a 30% correction 10 days ago. But even if we have another leg down, it won't be a problem. It looks like the bulls are shaking off the last coins (a.k.a the classic bear trap) before the next leg up. I expect it to be in the 17K-18K area, where bears will have the last chance to bring the bad memories of 2017's end of the bull run. But I have a gut feeling that breaking the ATH will be easier than staying above 13K. For some reason, this price attracts some n00bs to cash out. I can't find a proper word for an investor, who sells 313 days before the halving after 6 months of easy breazy bull run, showing that the potential is truly high. There will be some bumps on the road to 100K, however. I expect them around 28K, 48K, 75K. But we shall see of course. |
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Sold everything in 13k.X range.
I'm little afraid we dip more untill 8-9k before a big up.
That makes sense.... to sell all before afraid we DIP small before a big UP WTF, where do those guys come from  So you not afraid if we go up and you left behind with no corn or have to buy at higher prices.... Dude when do you guys learn HODL is the way buy more when it dips start DCA'ing your stack man.... And more important be happy with your FIAT in BTC cause that where your wealth is stash't better anyway, be happy with less $ and more BTC THINK HEALTHY, you're in the big boys space here!!! I also noticed 2 newbie accounts informing us they sold their stash (which most probably is way below 1 BTC). These are the exhibit A of weak hands/minds a.k.a. losers. They sold down to 9.5K, then entered at 12 500, then sold down to 11600 and will wait to reach 12500 to enter again. Ask them why they do it. They don't know. Just some cursed by the fate morons that polute both the market and this thread. But their loss is our gain. It is better for the bull market to shake off the weak hands as early as possible. |
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Just a lil shaking off the weak hands. As if bulls are saying: "Give me your bitcoins NOW!" (so that n00bs won't have them when 100K)  |
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I am pretty sure shitton of people will be unloading their stashes like there is no tomorrow when btc starts to go above $50k. Not many will be left to hodl a full piece when it hits $100k.
When BTC goes above $100k and hits $1m, those who sold from $50k will be very sorry unless they owned and dumped at least 20 btc.
Yes, people tend to sell as if there is no tomorrow. We saw that when we reached the modest price 13800. People started selling so heavily that the profit turned into a loss for many. Only a day after the 13800, they kept selling down to 9700! We've seen many such crashes in 2017 and they all ended with 25%+ recovery. The next day it happened! We were back above 11K. I can only imagine how stupid those weak hands felt! In the same way, we may have such crashes at any price level if the increase is too steep for a short time. We may fall from 50K to 30K for a day, and on the next day to be at 40K, and in 2 weeks above 50K. It could take longer, of course. It could take even a year, like in 2018. This won't be pleasant at all, of course. But if that is the price for becoming a millionaire, so be it! I still remember 10 years ago, when I went into the bank and made a 5 year deposit with 4.5% year interest. I lived happily through those 5 years taking my profit. Until I heard of Bitcoin. What will be the interest of my Bitcoin deposit in 5 years? Incredibly high, for sure. Therefore, the price of suffering one more bear year is insignificant compared to the prize after that. And finally, if someone truly loves Bitcoin, he won't be happy to sell all of them and to stop watching the price. It just doesn't work. He will learn one way or another. After 5 years, when he spent all of his fiat money, and hears on the news that Bitcoin reached a record heights 10x, 100x or more than the exit price, that feeling will kill all the joy he had when he sold them. Especially, if he has kids, who now have no money for a college or a medical treatment. My point is that we have to think in perspective - not for the next day, month, or year, but for a generation ahead. We have to be very careful what we sell and what we leave for the years to come. I've been thinking about it for 2 years and still don't have a clear and sound plan. I have to wait at least a year and see what will be the price after the next halving. Then I can make a better plan. And hopefully, my emotions won't interfere to sell most of it way too early! The other hard thing is to live with a profit that changes both ways by tens (hundreds, etc.) of thousands each day. That is no easy too! But this is our occupational hazard! |
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AYH by the end of tomorrow please.
It would be nice if the price of BTC got all the way up to 20,000 USD by tomorrow. However, I am almost positive with such a rapid rise, we would have a very deep correction, since many people caught in the December 2017 parabolic rise would love to unload and be done with BTC. Ok, so many guys misunderstood it, that I can't ignore it anymore. realsteelboy said AYH which means All Year High, not ATH=All Time High. Please stop misquoting such posts  |
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