Bitcoin is crashing

[Gestas]

https://i.imgur.com/IwRmqfi.png
SELL IMMEDIATELY

[1714671383]

1714671383

[1714671383]

1714671383

[1714671383]

1714671383

[Sukrim]

GO SHORT, ABANDON SHIP!!!!111!12

 

In other news, this belongs into speculation (if at all in this forum...)

[Jrock]

A valiant effort.

[Wekkel]

No, it will first hit my sell offer at $78. Only then it crashes 

[Jrock]

No, it will first hit my sell offer at $78. Only then it crashes 

Lol the way things are going, selling at 78 may seem like a bad idea in a few weeks.


Then again you could wake up tomorrow and it's 20$

[Sage]

The rate of increase just shifted as of the 5th.  The market is heading into its next phase.  It has already gone through accumulation, early shack-out, ramp up.  Now it's heading into early distribution.

Expect to see wild swings in the next few weeks. And an eventual sell-off... then BC will establish a new base, and the cycle will repeat.  But the charts are indicating there is still plenty of power in the distribution phase.  I'm holding and watching closely. 

Having said that if BC is still here in 5 years, $50, $60, $100, hell even $200 will be cheap.

What game are you playing?  Speculation?  Long-term investment?  Day-trading?

If you're holding out for the 5 year window or more it would be stupid to sell right now at any price with the momentum BC has currently, and is only building.

But human nature as it is, we'll see several bubbles along the way, with irrational spikes and crashes as we might only see in the oil futures.  Nothing will change that.

Don't let the bubbles scare you out of the long-term macro trend here. 

[Wekkel]

Sell at or near the current bubble top, load up for double number of BTC at the bottom.

[BkkCoins]

Oops. Crash has been cancelled for now.

[BlackBison]

OP better go back to just trash talking bitcoin after this epic fail 

[jubalix]

The rate of increase just shifted as of the 5th.  The market is heading into its next phase.  It has already gone through accumulation, early shack-out, ramp up.  Now it's heading into early distribution.

Expect to see wild swings in the next few weeks. And an eventual sell-off... then BC will establish a new base, and the cycle will repeat.  But the charts are indicating there is still plenty of power in the distribution phase.  I'm holding and watching closely. 

Having said that if BC is still here in 5 years, $50, $60, $100, hell even $200 will be cheap.

What game are you playing?  Speculation?  Long-term investment?  Day-trading?

If you're holding out for the 5 year window or more it would be stupid to sell right now at any price with the momentum BC has currently, and is only building.

But human nature as it is, we'll see several bubbles along the way, with irrational spikes and crashes as we might only see in the oil futures.  Nothing will change that.

Don't let the bubbles scare you out of the long-term macro trend here. 

What this chap said 110% kinda guy you would want to have your back

[paulie_w]

this crash is really terrible!

[arepo]

just wait.

[shkiser]

its going for another peak! 

[AmunRa]

Sell Sell....46.81...LOL
 

[BitcoinAshley]

I absolutely love how 99% of bear threads here are parodies.
"BEARODIES" if you will.

The few people who make the 1% of bear threads that are serious - well, they must be pretty stupid have some balls I can't decide, maybe both?

[deathcode]

Thank you! I love the fact that there are ups and downs, but fundamentally the currency is going up and it will continue to go up...
Sorry bears, or the way I call them, MORONS!

[pretendo]

we aren't going to hit 49 again for a while

[adamstgBit]

I told you guys it would crash at one point 

LMAO!

[ehoffman]

we aren't going to hit 49 again for a while

Indeed...  probably not until tomorrow  

[justusranvier]

I told you guys it would crash at one point 

LMAO!

Losing 6 hours of gains is pretty pathetic for a crash.