Bitcoin Price Thread

[orbit23]

This obvious fake pump could've been seen from an airplane. Some of us managed to have seen it coming from the very bottom of the move, some of you are not so capable and only join in later, but that's okay. Better late than never.

They are just moving the price as they wish, liquidating the traders and suckering in the moms & pops into the idea of magical internet money.

Now prepare your parachutes and embrace for impact.

Ether pumped as people were counting on the ETF being rejected, only to have been played out by the market manipulators who squeezed their shorts with Tethers minted out of thin air.

The SEC seems to be succumbing and is likely to approve the 19b-4 filling for ETH spot ETFs. This is just one of the requirements and until the S-1 is approved the ETF will not be available for trading/purchase.

ETH keeps climbing higher but as the spot ETF is unlikely to go live yet(despite filling approval), we will eventually find that this is all just a nothing burger and the market will succumb to the selling pressure and the gravitational force.


On the unfortunate side Tether printed another $Billion of unbacked dollars. They will try to pump it, but for the love of god i hope they do not succeed. At some point the ponzi scheme has to unravel. The sooner the better and the least people get hurt.

 

[themickey]

I'm expecting a decent sized pop to occur on bitcoin anyday now, this week.

 

[schizo]

I'm expecting a decent sized pop to occur on bitcoin anyday now, this week.

View attachment 340679

Actually, today is your call to get in LONG. Everyone's been skittish around that 69K and we bounced off of it today. So unless we break down below 69K again, which I doubt, it should be safe to hitch a ride up from here. My expected target price is somewhere around 80K - 81K.

Anyway, I'm just an innocent bystander. Don't pay attention to what I say.

 

[johnarb]

Actually, today is your call to get in LONG. Everyone's been skittish around that 69K and we bounced off of it today. So unless we break down below 69K again, which I doubt, it should be safe to hitch a ride up from here. My expected target price is somewhere around 80K - 81K.

Anyway, I'm just an innocent bystander. Don't pay attention to what I say.

Welcome back, mate. No more 40k (we hope)? Did you cover your short and now long until 80k?

NVDA earnings will be interesting

 

[schizo]

Welcome back, mate. No more 40k (we hope)? Did you cover your short and now long until 80k?

No more 40K? Based on chart analysis, probably not (at least for the moment).
Am I long until 80K? More or less, until the trend changes.
Am I long? Why do you even bother asking the obvious. (Not entirely sure which one to use: or or )

Anyway, the bottom line is that the trend reversed and it's now BULLISH (for the time being at least).

 

[johnarb]

No more 40K? Based on chart analysis, probably not (at least for the moment).
Am I long until 80K? More or less, until the trend changes.
Am I long? Why do you even bother asking the obvious. (Not entirely sure which one to use: or or )

Anyway, the bottom line is that the trend reversed and it's now BULLISH (for the time being at least).

Sorry I saw the word "bystander" and thought you may be waiting for an entry point

I don't have any short-term trade position on bitcoin, but 80k on bitcoin will definitely help a call position on mstr I'm trying to exit by next week, so I'm fully supportive of 80k within 2 weeks

 

[schizo]

Sorry I saw the word "bystander" and thought you may be waiting for an entry point

What I meant by "bystander" was that I'm neither pro-Bitcoin nor anti-Bitcoin, so don't drag me into your fights.

I don't have any short-term trade position on bitcoin, but 80k on bitcoin will definitely help a call position on mstr I'm trying to exit by next week, so I'm fully supportive of 80k within 2 weeks

For me, it has always been about that 69K. Had BTC stayed above 69K, I would have never been bearish in the first place. Even today, you could see that it went back down to retest it. So as long as we don't fall back below 69K, my bias will remain bullish. However, if it does go back down, all bets are off.

Anyway, good luck!

 

[johnarb]

What I meant by "bystander" was that I'm neither pro-Bitcoin nor anti-Bitcoin, so don't drag me into your fights.

Got it, no worries. I associated bystander with "being on the sideline" in the context of a trading position, short, long or in cash

For me, it has always been about that 69K. Had BTC stayed above 69K, I would have never been bearish in the first place. Even today, you could see that it went back down to retest it. So as long as we don't fall back below 69K, my bias will remain bullish. However, if it does go back down, all bets are off.

Anyway, good luck!

69k was the previous ath from last cycle, it is a critical price point

Good luck to you also!

 

[semperfrosty]

This obvious fake pump could've been seen from an airplane. Some of us managed to have seen it coming from the very bottom of the move, some of you are not so capable and only join in later, but that's okay. Better late than never.

They are just moving the price as they wish, liquidating the traders and suckering in the moms & pops into the idea of magical internet money.

Now prepare your parachutes and embrace for impact.

Ether pumped as people were counting on the ETF being rejected, only to have been played out by the market manipulators who squeezed their shorts with Tethers minted out of thin air.

The SEC seems to be succumbing and is likely to approve the 19b-4 filling for ETH spot ETFs. This is just one of the requirements and until the S-1 is approved the ETF will not be available for trading/purchase.

ETH keeps climbing higher but as the spot ETF is unlikely to go live yet(despite filling approval), we will eventually find that this is all just a nothing burger and the market will succumb to the selling pressure and the gravitational force.


On the unfortunate side Tether printed another $Billion of unbacked dollars. They will try to pump it, but for the love of god i hope they do not succeed. At some point the ponzi scheme has to unravel. The sooner the better and the least people get hurt.

orbit23:worried about the people.

God bless you orbit23.

Signed,

The people.

 

[semperfrosty]

This obvious fake pump could've been seen from an airplane. Some of us managed to have seen it coming from the very bottom of the move, some of you are not so capable and only join in later, but that's okay. Better late than never.

They are just moving the price as they wish, liquidating the traders and suckering in the moms & pops into the idea of magical internet money.

Now prepare your parachutes and embrace for impact.

Ether pumped as people were counting on the ETF being rejected, only to have been played out by the market manipulators who squeezed their shorts with Tethers minted out of thin air.

The SEC seems to be succumbing and is likely to approve the 19b-4 filling for ETH spot ETFs. This is just one of the requirements and until the S-1 is approved the ETF will not be available for trading/purchase.

ETH keeps climbing higher but as the spot ETF is unlikely to go live yet(despite filling approval), we will eventually find that this is all just a nothing burger and the market will succumb to the selling pressure and the gravitational force.


On the unfortunate side Tether printed another $Billion of unbacked dollars. They will try to pump it, but for the love of god i hope they do not succeed. At some point the ponzi scheme has to unravel. The sooner the better and the least people get hurt.

orbit23:"Bitcoin will fail because gravity."