Bitcoin has topped.

Do you think bull(crap) trend is over in Bitcoin?

  • Yes

    Votes: 18 60.0%

  • No

    Votes: 4 13.3%

  • Don't know

    Votes: 8 26.7%
  • Total voters
    30
  • Poll closed .
Master Pu

Master Pu

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Short term yes. And i'll tell you why in a minute...

First of all Bitcoin is at 55k, when the potential for Bitcoin can (realisticly) go up to 150K, possibly over 200. Do you think people are excited about just tripling their money? Tripling your money is good, but not as good as what people think about Dogecoin and NFTs and every other shitcoin that they think will spike over 10x. People don't just want 3x, they want 100x. And this right here is a reason why I think this can be the top.

Another is if you look at our monthly chart, we have had nothing but green candle after green candle, we have now 1 red candle after over 6 big ass green monthly candles. It's time for a pullback!

I have liquidated all my crypto positions this morning and have made more gains than I've ever had in my life :cool: .

But, this isn't over since I will be looking to buy back in for alt season, or I may just put all my money into BNB since BNB seems to consistantly move up even in the past alt season.
 
Trader Curt said:
Short term yes. And i'll tell you why in a minute...

First of all Bitcoin is at 55k, when the potential for Bitcoin can (realisticly) go up to 150K, possibly over 200. Do you think people are excited about just tripling their money? Tripling your money is good, but not as good as what people think about Dogecoin and NFTs and every other shitcoin that they think will spike over 10x. People don't just want 3x, they want 100x. And this right here is a reason why I think this can be the top.

Another is if you look at our monthly chart, we have had nothing but green candle after green candle, we have now 1 red candle after over 6 big ass green candles. It's time for a pullback!

I have liquidated all my crypto positions this morning and have made more gains than I've ever had in my life :cool: .

But, this isn't over since I will be looking to buy back in for alt season, or I may just put all my money into BNB since BNB seems to consistantly move up even in the past alt season.
More...

Kudos on having profited from the mania, but this is another .com situation, likely much worse IMHO.
 
Master Pu said:
Kudos on having profited from the mania, but this is another .com situation, likely much worse IMHO.
More...

Thank you
Time will tell. I'm sure crypto is here to stay, but we need a correction if we are going to have a healthy uptrend. Or else it will tumble like it did in 2017.

I'm also sure, that with all these institutions manipulating the market, people are wisening up to all these "fakeouts" the institutions have been pulling, so now institutions are probably making this a false fakeout. Just my opinion...
 
Trader Curt said:
if you look at our monthly chart, we have had nothing but green candle after green candle, we have now 1 red candle after over 6 big ass green monthly candles.
More...

Agree. At this time, on a monthly, no sell signal has triggered based on current movement.
Weekly, at this time, has not triggered.
Daily however, has triggered.

If these 3 time frames break, which we won't know until EOM, it is a long way down!

Just an observation through my personal filters.

As I post, seems some breaching is taking place. :wtf:
 
Wow, it bounced from 46.3K. When I posted 55 minutes ago, it was still around 51K. Currently 49K-ish...

Will be a long night for holders, I call it discount Wednesday.
 
Hey, I heard that there can only be 21M bitcoins and that's why they are worth so much and will likely go to $200k! Oh man, I just had a thought, why don't we trade anything that's limited in quantity, for example comrade Lenin's pubes :confused:
 
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