Bitcoin has topped.

[Master Pu]

Sweet J....! What a drop!

 

[virtusa]

Kraken OFFLINE
Coinbase OFFLINE
Avalanche of traffic cannot be managed. Clearly huge panic.

Drop to 30K already. This is what I told already a long time ago.
Air can get out very quickly, that's clear.
-32% within 24 hours

 

[Master Pu]

Kraken OFFLINE
Coinbase OFFLINE
Avalanche of traffic cannot be managed. Clearly huge panic.

Drop to 30K already. This is what I told already a long time ago.
Air can get out very quickly, that's clear.
-32% within 24 hours

I seriously feel for people that bought at or near the top, I can still taste the fear and everything else that went with it when I was 'investing' back in dotcom days before it all blew up.

 

[Master Pu]

Unlike many other financial instruments, hunger for BTC & therefore it's high valuation can evaporate in 1 trading session...

I think this thread is done pretty much, I knew this could happen, but such volatility is ridiculous, BTC shouldn't have been granted commodity status. I think it was totally rushed through.

 

[virtusa]

Today more than 200 billions $ marketcap that is lost. Only in BTC.
Plus same decline in all crypto's.

 

[Pekelo]

Sweet J....! What a drop!

And it is not even close to the 4th of July!!! <<<< My deadline for the crash

One week ago:

I wanted to post a call but this thread will do: Cryptos will crash by the 4th of July.

 

[virtusa]

Coinbase stock price -33%.

 

[virtusa]

Weekly chart showed a top (take profit) on april 16.
Monthly pointing short too.
We probably will see an upward correction on the daily chart, followed by a new drop. If that happens we can go very deep and for a long time.

The upward correction didn't even happen because BTC was already too weak.

 

[virtusa]

I know what crypto holders will tell: if I see the crash coming I will quickly sell.
If that would be possible in reality, then there would never be victims of a stock market crash. But if everyone runs to the exit, the exit will be only big enough to let a small group escape. Watch how hard the BTC already crashed before, and there wasn't even a run at the door. BTC recovered... till one day he maybe will not recover anymore and you will catch the mother of all losses.

 

[Master Pu]