Bitcoin Price Thread

[orbit23]

current pump is just noise! Don't get fooled! Zoom out to higher timeframes. 3 Month chart shows you bitcoin is FUCKED. Maybe it pumps higher towards $70K (i dont' know)... But this thing will trade at $40K before you know it!

 

[schizo]

i'll take the other side of those predictions. Payoff can be the delta between your prediction and settlement

So you wanna take the other side, eh? Well, make my day, ya punk.

I've been long since Friday at 57.2K (see below), up a measly 11.5% so far. When this baby shoots up to 90K as I predict, that would only be a 57% return. What about you, you short yet? Go ahead punk, I dare you to take the other side.

Not that it matters, but I just went long at 57.2K

 

[schizo]

current pump is just noise! Don't get fooled! Zoom out to higher timeframes. 3 Month chart shows you bitcoin is FUCKED. Maybe it pumps higher towards $70K (i dont' know)... But this thing will trade at $40K before you know it!

View attachment 344084

Sorry, but you'd be the last guy I would ask when it comes to charts.

 

[The_Krakenite]

What a rally today with EVERYTHING crypto related. IREN was the only one (well, actually two) that were down. I am 98% sure this was due to the recent SHORT-PAPER published by Culper last week.

Great move in MSTR, and they haven't even been awarded the 10-for-1 stock-split yet.

 

[SunTrader]

current pump is just noise! Don't get fooled! Zoom out to higher timeframes. 3 Month chart shows you bitcoin is FUCKED. Maybe it pumps higher towards $70K (i dont' know)... But this thing will trade at $40K before you know it!

View attachment 344084

15 days complete (out of 90) in a new quarterly bar. Aren't you assuming a little too much from it? Who's really being fooled.

 

[schizo]

And if you thought today was bad, just wait and see what happens tomorrow. Everyone will be piling on. Anyway, we should have a smooth sailing up to 72K for the time being, but I reckon we'll eventually head a lot higher (as in 90K, yeah like that's any secret).

 

[nitrene]

What a rally today with EVERYTHING crypto related. IREN was the only one (well, actually two) that were down. I am 98% sure this was due to the recent SHORT-PAPER published by Culper last week.

Great move in MSTR, and they haven't even been awarded the 10-for-1 stock-split yet.

View attachment 344095

After so many different rallies & collapses of BTC, the simplest way to go long for me is BITX MSTR CONL. It is usually ends up being 2X Bitcoin.

*BITX == 2X BTC
*CONL == 2X COIN

 

[NoahA]

After so many different rallies & collapses of BTC, the simplest way to go long for me is BITX MSTR CONL. It is usually ends up being 2X Bitcoin.

*BITX == 2X BTC
*CONL == 2X COIN

I am holding a position in BITX for quite a while now, and was always scaling in lower. It is quite heavily down, but after analyzing how it performs in past drawdowns, as long as there is a recovery, even months later, it will still slightly beat just the 1x return. Of course if Bitcoin completely dumped, then I'm screwed. But I have received unexpected dividends twice already now. I'm not exactly sure of the mechanism for this, but it was certainly nice to receive.

 

[orbit23]

And if you thought today was bad, just wait and see what happens tomorrow. Everyone will be piling on. Anyway, we should have a smooth sailing up to 72K for the time being, but I reckon we'll eventually head a lot higher (as in 90K, yeah like that's any secret).

View attachment 344101

Dream on... Mt. gox is about to distribute it's coins. $40K is coming next

this is a bull trap that can be seen from a mile away

 

[themickey]

Dream on... Mt. gox is about to distribute it's coins. $40K is coming next
this is a bull trap that can be seen from a mile away

This time I'm not buying in, the moves were too fast for my liking.
Hoping it will pullback. If it doesn't then no matter as plenty more fish in the sea.