The fun's over.

[dothebeats]

I don't think so. We're still in danger of falling back if the sell walls @ $11500 and higher aren't eaten up. That just means that the bullish trend had demised and we are slowly being eaten by the bears. It could be that January just proves what kind of month he is for the cryptoworld and everything would (hopefully) return back to being bullish again come February. I don't think that the massive sellout would still continue at a deeper point, given that a lot of investors bought somewhere near the top and wouldn't want to sell at a massive loss. $8000 is a possible bedrock, but then again we're just speculating and the crypto markets always tend to go opposite of what we thought is sensible to happen.

[1715620677]

1715620677

[drachman]

BTC is an overvalued dinosaur. Why do people like bashing alts and glorifying the dinosaur?

Because most altcoins will not exist at all if it was not because of that dinosaur, most coins are also just a copy of bitcoin with some adaptations and then they call the best coin ever, only a handful of coins have any kind of merit and most of the time those are the coins at the top 10. Also when we take into account that more than 95% of the coins go to zero then it is no wonder that people bash alts.

[alyssa85]

How could you be so sure it's over?

Nobody is sure. Bitcoin first tested the $10k level on Jan 17th. It bounced back up, and it tried to go below $10k on Jan 23rd. Since then it has been trading above $10k, and if it can survive above $11k for a few more days, it will break upwards. The next few days are crucial.

[markj113]

All these bitcoin moon tards really get on your tits after a while.

They buy a fraction of bitcoin and overnight become investment gurus with a crystal ball telling anyone that will listen to buy now or regret it.

When the price bombs we get the HODL buy the dip crowd circle jerking each other.