Yeah, like everyone before you. All hindsight analysts.BOOM! I told you guys
Anyway, 100K is in the cards for Bitcoin. But what will happen after that is anyone's guess. We could easily slide back down to 70K IMO.
Yeah, like everyone before you. All hindsight analysts.BOOM! I told you guys
Yeah, like everyone before you. All hindsight analysts.
Anyway, 100K is in the cards for Bitcoin. But what will happen after that is anyone's guess. We could easily slide back down to 70K IMO.
(Weekly/daily/4hr)
I'm expecting some sideways movement and an ABC single correction at least. It could still make its way to 70k + before the correction. Basically if it does not launch to 100k then the correction has begun and could take us down to mid 40k by the end of the year before the major move.
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Although another part of me agrees with the cycle repeat chart. The next few weeks will be very telling.
https://charts.bitbo.io/cycle-repeat/
What am I talking about? Here's what you posted in my Crypto Winter thread.What are you talking about???
And this is the chart that you postedThis entire thread is nonsense. EW has been telling you guys where price was going to be since the ATH's. All the indicators, MA's, cyphers etc (cyphers can work), support/resistance lol...allow me to simplify for you all.
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What am I talking about? Here's what you posted in my Crypto Winter thread.
And this is the chart that you posted
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So what am I talking about???
WHAT I AM TALKING ABOUT IS THAT YOUR POSTS (AKA PREDICTIONS) ARE INCOHERENT. YOU SAY ONE THING HERE AND SOMETHING ALTOGETHER DIFFERENT ELSEWHERE AND THEN YOU TAKE CREDIT FOR ONE OF THEM.
Don't be a douchebag.
Let's see how well bitcoin holds uo...back below 70k
Don't be surprised if it drops 20k and equities take a 5 to 8% correction. Will be quite a show since everyone has been so used to marketers only going up for 5 straight months!!
The euphoria is just off the charts with this one. It's as if bitcoin can do no wrong... with limited supply and 1 billion dollar predictions we should have every single pension plan in the US send all their trillions right to bitcoin today for unlimited upside gains!!!
Do not worry, qqq goes to 10^6 also. Join it, do not debate- and miss- itit didn't make sense to me; how is it possible that so many stupid people can be making so much money in crypto....
But then if you look at it as a literal ponzi scheme, it makes a lot of sense. In ponzi schemes a lot of people make a lot of money, encouraging more participants to join. And then at some point it all collapses and the majority is left with NOTHING.
What's different in this case? Yeah cryptocurrencies have some technological utility, but WHAT IF Tether is a ponzi scheme that has marked up the prices of these currencies? Then all the prices are basically fugazy and it will eventually all implode.
Makes sense that many are making money, but eventually it will collapse and go to "zero".
it didn't make sense to me; how is it possible that so many stupid people can be making so much money in crypto....
But then if you look at it as a literal ponzi scheme, it makes a lot of sense. In ponzi schemes a lot of people make a lot of money, encouraging more participants to join. And then at some point it all collapses and the majority is left with NOTHING.
What's different in this case? Yeah cryptocurrencies have some technological utility, but WHAT IF Tether is a ponzi scheme that has marked up the prices of these currencies? Then all the prices are basically fugazy and it will eventually all implode.
It's genius con in a sense that it's an obfuscated ponzi scheme which can fool even the saviest investors and many smart people.
Bitcoin and cryptocurrencies might not be ponzi schemes, but their prices could be.
Makes sense that many are making money, but eventually it will collapse and go to "zero". If you don't get out in time, you will be left with nothing.
If tether can print at will, yeah it could go to 80k, 100k$, who knows. But at some point it will get unsustainable. I think it's possible we have already peaked and topped, but it is just as likely it goes higher (if they print more tethers).
it didn't make sense to me; how is it possible that so many stupid people can be making so much money in crypto....
But then if you look at it as a literal ponzi scheme, it makes a lot of sense. In ponzi schemes a lot of people make a lot of money, encouraging more participants to join. And then at some point it all collapses and the majority is left with NOTHING.
What's different in this case? Yeah cryptocurrencies have some technological utility, but WHAT IF Tether is a ponzi scheme that has marked up the prices of these currencies? Then all the prices are basically fugazy and it will eventually all implode.
It's genius con in a sense that it's an obfuscated ponzi scheme which can fool even the saviest investors and many smart people.
Bitcoin and cryptocurrencies might not be ponzi schemes, but their prices could be.
Makes sense that many are making money, but eventually it will collapse and go to "zero". If you don't get out in time, you will be left with nothing.
If tether can print at will, yeah it could go to 80k, 100k$, who knows. But at some point it will get unsustainable. I think it's possible we have already peaked and topped, but it is just as likely it goes higher (if they print more tethers).