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JIZZ had that status one year ago
Charts with 1.5 billion in dilution??? oh, ok .....
this turd is going no where but dark. .0001 and probably a halt on the way down. I said it for months. Played out just like I said it would
$BTC 100K THIS YEAR! The chief executive officer of blockchain technology company Blockstream says that leading digital asset Bitcoin (BTC) could see a 5x increase in price by the end of the year.
Adam Back tells his 481,600 Twitter followers that he expects the U.S. Federal Reserve to reverse its tight monetary policies before 2022 expires and create a macro environment conducive to the growth of Bitcoin.
“Everyone has their pet macro-views. My guess: stock market + US election season, moral hazard kicks up, quantitative easing ramps up again, rates drop again, money printer goes into overdrive. So the interest rate overhang falls off, and BTC decorrelates somewhere along the way once DeFi (decentralized finance) flushed.”
On top of a favorable macro backdrop, Back says the approval of the much-awaited spot Bitcoin exchange-traded fund (ETF) could leave many bears on the sidelines.
“My permabull case for BTC/USD [is] $100,000 this year. Plus a US physical Bitcoin ETF chaser (GBTC upgrade + other) would create a nice whipsaw and probably trigger a big uncoupling and positive reflexivity into a blow off top next year.”
Bloomberg’s closely followed commodities analyst Mike McGlone says that the $20,000 range for Bitcoin may act as the new price floor, similar to $5,000 in years past.
The analyst says that the flagship cryptocurrency is now approaching historically “too-cold” price levels, based on a series of moving averages.
“$20,000 Bitcoin may be the new $5,000 – The fundamental case of early days for global Bitcoin adoption vs. diminishing supply may prevail as the price approaches typically too-cold levels. It makes sense that one of the best-performing assets in history would decline in [the first half of 2022].”
During the 2018 bear market, the $5,000 price area served as support for Bitcoin for about a year. In 2020, the $5,000 level also acted as support for Bitcoin even though BTC briefly breached the area a couple of times.
As bad as market sentiment appears now, McGlone describes Bitcoin’s downturn as “typical,” and points out how it is occurring alongside surging volatility in other traditional assets.
I hate to say it, but it looks like every sector is going to get kicked in the kahunas, BTC is not excluded. We will suffer until late summer. Nothing is going to rebound
nope, I was wrong
Damn, who would have thought COMP at $31. About to start buying easy money down the road.
bid whack as soon as someone hits it. Thats dilution. One of these market makers are clearing out a pile of shares.
Me thinks the Feds is already factored in this week. Everyone knew it was coming and have been dumping everything left and right. Be better if they announced a .25 and get a rebound
When we figure out what is going on, probably going to get a halt on this POS. No way a company this good on paper drops like this without dilution.
We got bitchslapped with dilution. damn. No one trade is going take that big of a haircut at once. What changed? We lost bid support. piss on this turd. damn
Asians are trading BTC and moving it. It is the USA screwing it up. I guess everyone is rattled by Wallstreet getting its throat slit open by the current White House.
The underlying technology is way more than just a "coin" , the things that can be done on blockchain attached to a transaction are absolutely mindblowing. If anyone thinks its just a "private currency" , then they have much to learn. I would suggest a book called MASTERING BITCOIN by Antonopoulos. I dont like him personally but his book is excellent and will leave you scratching your head at the possibilities of crypto. Blockchain tech is the future of medical records and national voting by social security number. Tokens like DOT and ADA are going to rock the tech world.
What most have missed about BTC, its not rocking the boat, its flipping the whole damn corrupt fed system over.
I guess when you your right, people send stupid azz PM's , lol .. BTC has not lost its thunder. It's hear to stay and will have upz and downz, all great things do. Know what you got your hands on and you can ignore the noize
I pay bills with crypto. Dish and Newegg. I use a crypto debit card.
GOOBLE , GOBBLE! Christmas is here! WWWEEEEE!!!!
Take it from someone who has seen crypto get smashed several times, this is a dream come true. Prices like this are a gift.
Is SHIB going lower? I would say yes watching BTC. But the key is to buy these dips because after this much pressure down, timing the bottom will be hard, take advantage of any big drop.
401k's are too, amazon and walmart have lost over 50%. Whats your point?
My advice, buy the hard dips, All crypto will reign its former glory with new highs but dont kid yourself in thinking that this is coming to an end anytime soon.
If a nuke if set off, all bets are off and we can hang up BTC for years. It will be wiped out
Big bounce is coming
I am crypto enthusiast , but when there is a circus running the nation and USSR reappears and now attacking. Wars all over the globe, famines, red hot markets, it was all a perfect storm. BTC will remain but until August is done, we are in for a very nasty ride. I saw this without a chart, just common sense. Its not just crypto. This is a big turd sandwich, ALL MARKETS are going to get bent over without Vaseline.
Taking a chart and marking it up after a bloodbath is not predicting price with charts. Look back through my posts about April (??) I said back then to hold on to our britches, BTC was about to take a beating. Did not need a chart for that, its not magic. Its called a global financial meltdown
I think DOW is looking more at 20K or less, BTC could take a very deep plunge with it. The USA is in for a very big rude awakening. The current admin thought they could force green energy, but they are causing a collapse with agendas. You dont shove a whole steak down your throat at once, its a bite at a time. There were much better ways of handling gas dependency.
Huge buying op but I am waiting till August for any serious money, I dont think wallstreet has bled all the way out yet
Yea, I know wallstreet really raped the entire US 401ks like drunk whores ... I agree full scale investigation
So wallstreet is dead too after shedding billions upon billions of dollars and wiping out 401Ks. Inflation is entering hyper stage, housing is about to get the smack down next week.... so thanks for letting us know that everything is gone because they lost way more than BTC
I think a nuke is about to be dropped ...
Nothing compared to the money wallstreet has evaporated into thin air. It is a shitz show everywhere. The everything bubble is popping, it not magical chart reading, lol. But knock yourself out ....
yea, ok! lol ... charts are like tits on a boar hog in crypto and OTC. They only work on Dow/NASDAQ because everyone believes it, therefore, monkey see - monkey do. A clock is right twice a day. For everytime someone can show me a chart worked on BTC , I can show you 10000 times it didnt
I should clarify, when I say blood in the streets, I mean now with all the wallstreet / crypto carnage. If nuke went off, I dont think anyone will be worried about investing except in firearms and food
It may be short lived, but there will be a rally in all markets. But all bets are off if Russia, North Korea or Iran launch a tactical nuke. Real possibility that is on the table. Scary times but I have the stomach for it to buy tokens, coins and certain stocks while blood is flowing into the streets
If we can make it till September without a complete meltdown across all markets, I think the upside is going to be nuts in September leading up to midterms. By then, markets will be very bleak, housing will be trampled on, gas $10 a gallon, inventories overflowing from giants like Amazong, Walmart, Cisco, etc etc. Jobs will be scarce, (jobs report and housing were horrible Friday) .... But the upside to all of that is going to be incredible when people sense a shift in political power.
My prediction - Oct 31st - .001
getting better and better! Let it fall. Not a damn thing in all sectors doing well. This is just one of the best ops in crypto to stack your chips.
million bucks in BTC is like a $20 bill to a teenager going on a drunk prom queen date. Fun but really not much
yea, sure.
Anyone can read through my post on BTC, I called this months ago, until Russia calms the hell down and we have a change of power here in the USA, ALL markets are in for a blood bath. I think all of the red lasts until late August. September through early November, we see a big rally on all fronts as the Republicans have a clean sweep in Congress and Senate. But if Russia, North Korea or Iran launches a nuke, all bets are off and BTC falls to $5K , Dow Jones 15K
O wow, SIGA turning red over the last few trading seasons, lol, it went up 0.5% Friday , killer! I just stopped there before I looked at any other of those turds, like I said not really anything major any where. Hell, BTC had a little run in May too, so fricking what???? Anyone flipping / daytrading crypto did well too. Playing and timing it right, there was a good trade to be made on BTC. ADA had a little bump up, flipped that but not anything to brag about ....
If BTC reaches $15K, Gasoline will be $10 a gallon in the USA, I am sure I dont have to spell out what that means for food and electricity. Anything below 30K is a direct result global financial collapse as a result of the Everything Bubble popping. Wallstreet is being brutally murdered right now, 401ks are being wiped out. Its not pretty anywhere
Considering we are in an induced global reset, BTC is holding strong! $BTC #BTCSTRONG