Bitcoin Price Thread

27th of July Donald Trump is speaking at Bitcoin conference.

I see 2 options here
1.) Bitcoin is "attention token" (more attention, the higher the price goes) and they will pump it into the conference which will mark the peak and highest attention this scam ponzi asset could garnish

2.) The democrats are going to FIGHT BACK and embarrass Trump and rug the market (Maybe US government starts selling their Bitcoins, and then on top of that add the Mt. Gox, Gemini and Blockfi... Maybe they go after Tether/Bitfinex/Justin Sun...)


I pray for justice to be served. The government doesn't have to act against crypto, they just have to do their job that they should've done a long time ago!
 
Epoch cycle update, compared to previous ones

The previous cycle should have breached $100k, but because of over leveraged cascading liquidations, 3AC, Luna, GBTC-linked Genesis/BlockFi/Voyager, Celsius and FTX, it failed

This epoch may go back on track and break $1M?


 
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orbit23 said:
I wouldn't dare to say the pump is definitelly not happening... Because Tether is sending USDT to all exchanges to prop up the prices.

For the love of god i hope that they do not succeed.

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That tweet mentions “unlimited credit accounts”. Are they charging interest at least?
 
Bitcoin global monetary network is not having any issues



upload_2024-7-19_17-30-17.png
 
johnarb said:
Epoch cycle update, compared to previous ones

The previous cycle should have breached $100k, but because of over leveraged cascading liquidations, 3AC, Luna, GBTC-linked Genesis/BlockFi/Voyager, Celsius and FTX, it failed

This epoch may go back on track and break $1M?
More...

The obvious takeaway from that graph is that each successive bull market gets relatively weaker - which is entirely as you’d expect, given the tremendous growth in BTCs market cap.

ATHs for the cycle may already be in, and if so, the end of the explosive exponential gains era will mark a major shift in the crypto market’s trading dynamics.
 
Without the prospect of ENGU*, the appeal of Bitcoin way start to wane.

But who knows, maybe it's still got enough fuel in the tank for another moon shot.

* Exponential Number Goes Up
 
Specterx said:
ATHs for the cycle may already be in, and if so, the end of the explosive exponential gains era will mark a major shift in the crypto market’s trading dynamics.
More...

No, the schedule is next year will be the parabolic top of the bitcoin cycle,

1000%+ next year 2025 which means if bitcoin ends the year above $100k, we will see over $1M/btc next year

 
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