At +90k a 3.83% red candle isn't really a dip.

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Even a horrible crash down to the low 80s would still basically be all time highs.

worst case scenario 88k (imho). perfect scenario down to 91k with a bounce. or we'll continue the sideways chop for another 1-2 days before attempting 100k again. eating up walls takes time.

I never have any idea what’s going to happen and I’m always right.

nobody knows until the algos trigger. that's the beauty about it.

Yeah it feels healthy. Clearing out some of the leverage too.

Who is this giant wall?

CME gap down there

I think we will grind down to the 70s. And stay there for a while we were only in the 80s for 4 or 5 days. We have been in the 90s longer than we were in the 80s.

"this time it's different" ™

approx 530 days post halving, has been the blow off top past 2 cycles, blow off top. Unless you want to take 2012 into consideration at 369 days. Regardless, we are at 220 days (Nov 25, 24). The pull back is Bitcoin taking a breath for a face melting run over the next 3 - 11 months.

If we see 70s it will be a flash crash of literally seconds, so never sleeping until Oct, 2025 might be the only way to catch that bottom.

if you believe we are hanging in 70s then DCA is your friend. I'd say a smash but when and if you can might be the only option.

I've been wrong each cycle before, let's see how this plays out.

Do you not think all the action over the last couple weeks has just been driven by microstrategy buying ten billion dollars worth of bitcoin? Now that they've finished that particular exercise, I'd have thought the market would deflate again for a while.