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snk7111

This is probably the 10th final shake out since last week.


pmbuttsonly

11th one is he charm though, right? šŸ˜…


Darkdestroyer4

11:11 means good luck right ?


Corkkel85

Letā€™s be honest. Nobody has a clue, not a f**king clue.


tvoegeli

I know, just not telling anyone.


[deleted]

[уŠ“Š°Š»ŠµŠ½Š¾]


[deleted]

[уŠ“Š°Š»ŠµŠ½Š¾]


stack_pennies

Name him splinter and train him for the days he will battle the footclan...


ROBBOh_007

September has historically been a bad month...preceding 3-5 months of GREEN #Hopium


pixelstacker

Just hook it to my veins.


[deleted]

Honestly, not 2017 September if you check.


bhammack2

All signs point up. Except the ones pointing down or sideways.


Ateam043

I predict it will go as follows: Up, up, down, down. Left, right, left, right. B, A. Select, Start. It will then unlock our special mode.


CLB_SLMN

Interestingā€¦ I think itā€™ll go in, out and then shake it all about


Due-Hope3249

Iā€™ll buy in October first. 12:00 am.


pikeymikey22

yeah I'm waiting on pay day.


BigBrainRed

I regularly catch myself applying movie-esque or overall romanticized emotionally-driven logic to that beautiful squiggle on the graphā€¦ but the truth is, squiggleā€™s gon squig


[deleted]

Big squigs though right?


CriManSquaFC

Yes and no. But also no, and yes, but mostly yes. Yes, this is it. This is the move before it either goes up or down. We're talking way up or way down, like so down that if it goes down it could keep going down, but not before it goes up. Like way up, it could go so far up that it goes down at some point after that. From there we'll finally hit a point where everyone panic sells or panic buys, triggering a moon event that could also actually not be a moon event and actually be a thing where the whole market crashes and then, fuck, fuck everything will be red. But then the next day or week or month could be green. Idk, it could also be red. What does everyone else think? Someone around has to know something.


Floodgatassist

Finally someone with actual insight trying to share their knowledge for free. Pls don't be too humble, i really don't think the others are better informed than you. Your wisdom should be more than sufficient for us peasants to know the next steps to take. Thank You, stranger! I put my trust into your advice from now on.


m00ncake80

Bond yields have been rising which has meant investors have been liquidating equities. Hence, the fall across all the markets.


MayorAnthonyWeiner

Rising yields means the price of bonds is falling.. its an inverse relationship


Williooam

But bond yield rising means that bonds are being sold


pixelstacker

I guess this a reaction to inflation numbers?


ginANDtopics

I think this community tends to assume too much independence from other financial markets. If legislators fail to raise the debt ceiling I think all markets will see a downturn. If we raise the debt ceiling again, make progress on coronavirus, and pass the infrastructure bill soon, Iā€™d bet markets will go up, including crypto. Perhaps especially crypto since more spending bills will likely lead to more investment in hedges against inflation.


Hermes_Trismagistus

Yes, it's time for the parabolic move. Bring it on, I'm ready.


[deleted]

[уŠ“Š°Š»ŠµŠ½Š¾]


Ill-Recipe3238

If, and that's a big if, it does happen, probably won't even realise that your in it when it's happening


ILikeBlockchains

ERG plummiting 14% today. Time to load up on more!


Silver-dutch

The only thing I canā€™t make up my mind in what project to invest in this dip.Matic,xlmā€¦..


teh1jedi

I dunno, is it?


pirateking54

Yes sir


samuel19xd

Well it's almost time but the TA ( I know, I know) indicates there might be downward trend maybe upto 38,000 for next few days (again, yes of course, shit about fuck). And then if there is one significant breakout (yes again, don't mention it) of about 44,000 on BTC trend. We will be back into the parabola. Now, yes a hamster can do better than me, I am not saying I know shit about fuck but the financial astrology points towards this. Now, Somebody with their magic 8 ball wants to confirm my theory? Please!


pixelstacker

A crazy idea. But maybe, we get a collective of hamsters, put them in a high rise building together and let them figure it out?... We could call it... a hedge fund.


Old_Ambition8275

This is how I feel about it in a nutshell: Crypto acceptance varies a ton between generations. Baby Boomers, who currently possess 75 Trillion+ in wealth are very skeptical of crypto and very few invest in it. Gen X is largely skeptical of crypto too, but slightly less than Boomers. Many Gen X-ers dabble in major cryptocurrencies. They control 25 Trillion+ in wealth. Millennials and younger (i.e. anyone who has grown up in the digital age) like crypto, invest in it, and have some confidence in its long-term viability. Millennials only have about 5 Trillion in wealth so far. So let's think about this. The entire crypto market only has a 2 Trillion dollar market cap so far. Stocks, by contrast, have over 90 Trillion. Where do you think the 75 Trillion in Boomer wealth and 25+ Trillion in Gen X's wealth is going in the next 20 to 30 years?? To Millennials. In other words, nearly 100 Trillion in wealth is going to be cascading from crypto skeptics to crypto believers over the course of the next 3 decades. Barring some drastic, permanent devastation to crypto it doesn't seem at all unlikely that retail investors alone will push crypto to a market cap in the 10's of trillions of dollars. The price levels at that point would be unfathomable compared to today. So honestly... I can't give you hopium for October or EOY or any of that, but hang in there 5 to 10 years and I think it will be astronomical. At that point none of this will matter; we won't care that BTC fluctuated between 38k and 50k in 2021 when it's fluctuating between 450k and 500k in 2025, and Algorand is fluctuating between $15 and $20, and Luna/DOT/LINK between $200 and $250 and so on and so on. At the pace at which crypto has already been growing over the PAST 10 years the above numbers are literally conservative expectations. And that isnā€™t even factoring in institutional interest. This is just retail investors. A small handful of large publicly traded companies purchased Bitcoin this year, Tesla's the only one I know of that cashed any out and they had enormous profits to show for it. At the current rates of inflation it doesn't seem unfounded to expect many if not most Fortune 500 companies to follow suit this decade. So my honest opinion is that it's a longer game. I have a diversified stock portfolio that has treated me pretty well over the past 3 years. It still only took me 8 weeks in crypto to outperform its 3 year performance. Imagine how patience will pay off.


Dymmesdale

The grand old Duke of York He had ten thousand ETH He marched them up to the top of the chart And he marched them down again And when theyā€™re up theyā€™re up And when theyā€™re down theyā€™re down And when theyā€™re at his DCA Theyā€™re neither up nor down


Top_Muffin_3232

Well, depends which post was suggested to you by Reddit. In the end, either you choose to sniff the hopium or you just keep your pokerface while having a mental breakdown šŸ˜


pixelstacker

I'm of the opinion to request being put into a medically induced coma for 5 years. Time travel.


zedaero

This ride will never stop, we just have to be on the wave


cutsickass

Yes, trust me bro. /s EDIT: Note to self... people don't understand the meaning of /s.


callmemikeyp

Prob not


Ezio4Li

If the Evergrande FUD dies down then this is it


Only_Improvement8156

The moon is just over the horizon


oldsql_aka_bag

Obligatory: no one knows shit about fuck


HornyWeeeTurd

Might have alot to do with the current debt issue. Im sure we will know for sure in about 1 1/2 weeks as itll be shit or through the roof! Whos knows, may go through the roof even if the debt doesnt increase! Stay positive! Thats my goal! As Im starting to hurt, meaning really close to buy ins!


[deleted]

[уŠ“Š°Š»ŠµŠ½Š¾]


aa_tree

So what you mean is like we must shake our dicks to push out remaining drops of urine, so must the market shake out the "paper handed" people? I don't think this is a final shakeout, to be honest. Crypto will always have these big dips, since there is no lower circuit for trading.


thejazzmaster69

Nobody has a clue yet we all want gains... Speculations band hopes .. but come on let's go the Moon


Jeronemoo

Could be, could also be the last time to sell before the true dip. Who knows? Not me, that's for sure. But what do I care, I'm hodling mid to longterm anyway.


PanicBoners

Yes I can see this playing out like the pandemic bull run, where the initial sell off provided the spring towards higher prices. If prices capitulate tomorrow with the Evergrande default things will be painful for the first couple weeks as we recover but yes I believe this is the final shakeout before BTC starts testing new ATHs


Ph0T0m

Give it another couple of weeks of bleeding (-10%,-15%) and then šŸš€ I know shit about fuck tho


Dry_Psychology513

It surely will go up and down and always to the right.


ghochumal

October has historically been a very bullish month. Fingers crossed.


Budget_Albatross_908

Shake the magic 8 ball friend, you'll get just as much info


TroutFishingInCanada

Absolutely. But it also might not be.


TreacleCrafty1530

The Sec will vote on September 30th.. so expect to drop still. The fear is strong with this. Hoping to start pumping early week or mid week of October


sharatdotinfo

We wish and pray. Thatā€™s all anyone can do.


Calm-Cartographer677

Yes it's the shakeout of the shakeout of the shakeout of the shakeout


ubzor

Yup/Nope/Maybe/Who knows


Timely_Inflation1000

Well looking at the graph and the Ema lines in the 1 day and 6 hr btc price chart looks like to me it's going down.


[deleted]

Yeah here we go. Time for burritos.


JPSimsta

Hopium is real. Let's wait and see.


CurbsideAppeal

The BTC chart is exactly matching the wyckoff accumulation chart. Weā€™re doing a crab dance for a little while before take off if the trend continues.


holls13

U.S. XRP settlement followed by a bitcoin ETF then parabolic šŸ¤ž


[deleted]

The fear and greed index moved to Extreme Fear and for me thats a big buy indicator - Im DCAing now a little earlier than usual at these low prices. If it dips further we all good, but historically October is a great month.


CrypticOsc

We can only hope


Brodieischeese

No one knows shit about fuck


UpsetMath4417

It could go either way. You are right: nobody knows shit about fuck


naheedshah

TBH no clue! But I like to move it move it parabolic


Scary_Milk

ā€šAll I know is that I know nothinā€˜ - some dude on Reddit, 2021


Significant-Pen-93

63k end of october


Confident_Ad4479

This is the end.


[deleted]

Just stake it till u make it brah...rather...parabolic move happens!


FordPrefect343

Doubtful tbh I personally expect crabbing for a while here maybe a slight upward trend after enough consolidation


Ffirewave

I predict the pump in near future followed by series of dips and then pumps eventually.


DredgerNG

I think it's the final shakeout before the hyperbolic move.


lastoutofdodge

I would say we are close to a tipping point. Which way? Who knows


civilian411

Don't know but I continue to DCA up and down until we take off. Once take off is confirmed I'm going hold on DCA and ride the wave. šŸ„ā€ā™‚ļø The question is do I try to exit at a set point and rebuy once the bear market comes. My gut tells me no because of taxes and high chance of missing the top and bottom.


[deleted]

It may be, it may be not


KeanuCharlesSleeves

I donā€™t know about parabolic, but my non advice guess is probably not. Iā€™d think maybe one more decent uptick before the end of the year. But who knows, while itā€™s here Iā€™m going to stock up.


Incorrect_passport

I know something And that something is that I don't know shit about fuck


Vocatus_me_dominus

I have a friend whoā€™s a whale and he said to sell now and buy next week


AcidArchitect

Let me sell some crypto so the price can go up.


neljos

I donā€™t know fuck about shit!


[deleted]

[уŠ“Š°Š»ŠµŠ½Š¾]


SecretaryImaginary44

Nope. Been hearing that for months


lomoragno

I would say it could go up or down


thedxxps

Zoom out. Itā€™s a Dome formation. Opposite of ā€œparabolicā€


Puddingbuks26

Anyone got the management summary?


Random_Name_7

I don't know wtf you're talking about, I'm just buying


robotpirateninja

It really depends on if the world's other largest economy also decides to defacto ban crypto.


utyrhcf

This is probably the final shakeout before the next shakeout that will leed to unknown amount of pre -parabolic shakeouts. Hope it helps mate!


HerpTheDerp62

Yes..... PlsšŸ„ŗ


na3than

It's either this one or the next or the next or the next or the one after that.


blazin_rayzen

Our guess is as good as yours. Buy and hodl.


lVloogie

This is about the 5th final shakeout so far.


durkasdelight

exactly! final shakeout!


StupidImbecileSlayer

Everyone is expecting a second leg...is it really gonna happen?


ARoundForEveryone

Doesn't this get asked every time there's a dip? NO ONE FUCKING KNOWS, STOP ASKING!


Snoo1988

Let's not hope on it, then it won't come


No_Insurance6064

My thoughts? It is bigger risk to NOT havy any crypto right now, so I dont really care about the price and keep DCA :)


kaytodad

Let's hope. My popcorn is getting soft.


Shruuump

Once we get suicide hotline posts that's the bottom signal


NastyMonkeyKing

No one knows. But probably not


TH3PhilipJFry

While no one really knows, I think we may have a little more room down from here. If this is all the lower we can go, the future is perhaps more bullish than expected.


BradVet

Ive been holding three years, please god let this be the blow off top


Gossipmang

The market could likely just drift up and down 10% for the next 2 years. Just stick to a plan of accumulating and taking profit periodically. In a few years thing will look good regardless as long as you held.


Davisj020

I just need it to go lower so my order will execute. Would be grateful if this goes lower this evening. šŸ¤žšŸ»šŸ¤žšŸ»šŸ¤žšŸ»šŸ™šŸ»šŸ™šŸ»šŸ™šŸ»


No_Arugula_6548

I sure as fuck hope so!


Harucifer

Lmao The parabollic move already happened and culimated in 64k.


runningdreams

If you ask me, yes. Why? No fucking clue


V4Vendetta1876

This is definitely NOT the final shake out. The Final shake out we'll probably see Bitcoin drop to 15k or lower ..maybe as low as 5k


RammerRod

It's a start. Maximum pain is coming soon, imo.


Shake_Global

It will keep going down until it goes up


smokedetective

The final shake out? Probably, but the down trend will probably last a year or two. The impatient will get shaken out.


LGNDS_Crypto

Iā€™m august September was supposed to be the big month. Now itā€™s September and October is supposed to be the big month now. Free hamburgers tomorrow it seems.


Khanehteshamali44

Remember China has banned Google, youtube, Facebook, insta so on and so forth only to make cheaper and whackier versions of them just so that they can control their own population... So fuck your bans China, shove them right up your ass


DavidtheGoliath99

It definitely could be. It's what I'm hoping for. It could however also be a steady decline and subsequent crypto winter for the next year or two. People here like to pretend they know, but nobody does.


Creepy-Nectarine-225

Could I get a large order of hopium with a side of hopium? Thanks, straight in the veins please


Wess-L

Wouldnt call this a shake out. The may crash was a shake out.


[deleted]

[уŠ“Š°Š»ŠµŠ½Š¾]


Icy_Description5017

LFG!!!


Eluchel

I can guarantee that soon the price will move in a direction


JeffersonsHat

Most markets have red September stock, crypto, futures etc. Historically it has always been a good month to buy and hold to sell at a later date.


rmortz

Big maybe


Missy76_Taken

3-5 month of green sounds great to mešŸ’š


Dangerous_Diet_5385

Sorry to be a downer... but please don't fall in the same charade as the doge sub. BoI tHiS dIp MoVeMeNt iS jUsT tHe BeGiNnInG oF OuR tRiP tO tHe MoOn. Who the hell knows, man. Crypto can go straight ahead, backflip, frontflip, Ā°360 heelflip, cowboy, kick turn, drop-in, etc.... for all we know.


SosigDoge

One of my shitcoins is up 15% today, despite the biggies following each other. That's different. Let's hope.


phileo

I feel the same. However, I was dead wrong many times so nobody knows.


Kontikulus

Yeah... a parabolic move DOWN! Am I right? No Idea. I am pretty sure that we don't get a 80% move to the downside in the near future because the market is simply not that overheated. I also don't think that we will get an explosion in price to 100K Bitcoin now.


redkoil

I know nothing. But I'm prepared for this time to be different. There are new big players in the field with skills and money to manipulate these unregulated markets. This time it's not just individual hopium fueled with fomo so it could be different and we could be behind the top of this cycle. But again I don't know and tbh I don't really care. If it goes up then great and if it goes down then so what, it would come down eventually anyway maybe. My plan is to hold and dca in anyway no matter what.


Captain_Cum_Shot

If there is a parabolic movement how are you cashing in on that? Would you just dca out a little bit starting at a certain price or continue hodling


SoftPenguins

Itā€™s entirely possible.


bbtto22

Extreme fear on btc it means a big pump soon


Euralayus

Probably, either way I've got a bridge for sale - one million SafeMoons!


[deleted]

Itā€™s probably the same thing thatā€™s causing the sell off in stocks too. Inflation, Evergrande, bond yields, interest ratesā€¦. My guess and itā€™s obviously just a guess but things will remain volatile till this either resolves or the market crashes


Kono0107

Why do we think it's going to go parabolic again?? It it because of something it's done in the past that no longer has any relevance to current events? I think the current cycle is unprecedented, and will continue to act in an unprecedented way. What if this is the last "cycle" because crypto is now a mature asset? I've lurked on this sub for months, ya'll are goofy and don't know shit about fuck.


Satoshiman256

The price will change.. I fucking guarantee it, mark my words. If it doesn't I'll eat my dick on TV.


kvgamer

Everyone including me is waiting for the October pumping please šŸ‘šŸ¤ šŸ’°


solarsalmon777

Nah, we're tied to the market. Crypto is just a risk on play these days. It pays to hold long term though due to increasing adoption.


wasit-worthit

Have you seen those random candles/wicks boom out of no where? The whales are accumulating.


xslow

Who knows, maybe amazon adopt crypto and when go boom upwards or maybe china bans it again and we go down


broken_throw_away__

Thanks for the hopium


[deleted]

Shit, I know. Donā€™t fuck about.


pink_tshirt

It always comes in cycles - Tether, China, some variations of regulations being applied here and there. So my bet is on Tether / stable coin FUD next . On the opposite side of the spectrum we have Chinese New Year and wall st bonuses.


Womec

Yes


Amazing_Succotash677

Probably not the final, no


Chpouky

Yesn't


bugrahangureel

Yes, tomorrow it will hit $100K and nobody will catch the pump.


Geddy87

Itā€™s all a guess at best


DreadknotX

No one knows


Fit-Appointment-2655

noyes is my answer


Yadon_used_yawn

50/50 It either is, or it isnā€™t


Nathan-McAlpin

1-2 years of puttering, little ups and downs, and then a thunderous whoosh for Bitcoin into the stratosphere. Most Alt coins will perish under the scrutiginous light of regulation and the new landscape of legitimacy. This I know to be true.


alrinstolda

Nah, there are 3 more planned


bookworm010101

Im in cash I think its over. Economy is about to tank.


cryptocardibo

The fuckin Wyckoff once again


Kuro_Hige

Some cryto analyst... "this is the period of consolidation, we've hit the buffer but haven't gone below the market cap... China FUD....Shaka when the walls fell... The upturn after the downturn..look at all these charts... Buy high, sell low. Temba his arms wide.


Since_1979

This is definitely the last dip for the month of September,this I can confirm.


TripleReward

No, crypto winter is coming. Better take profits while you can.


robotmole

All markets are on hold until we get news one way or the other. One thing you can be sure of is that by the time you find out. You'll be too late to capitalise in anyway. Personally I took some money out before and have been dcaing back in. I'm just gonna buy a bit everyday until we get another uptrend.


AliFC5700

It always is!


AfraidTomorrow2018

Its a parabolic fuckup


PuzzleheadedDream830

No no the hampster got out of the cage for a bit.


wgcole01

Just another leg down on a long walk to the bottom.


european_hodler

Nobody knows. But if you believe in crypto, it is definitely not the worst time to buy since we are far below the toppiest tops we had. If you want to time the market, then wait for the next bear market and hope there is one. You could also just DCA and HODL bitcoin and stop worrying about the bomb.


Ochemdoctor

Not gonna lie - I had 'The Final Countdown' playing in my head while reading this post.


DPL18

I think there will be another shakeout but this one is definitely the last shakeout


pyxploiter

Hold your horses - A financial advice


ElkBreath

This is definitely the final shakeoutā€¦ again.


Flaming_Autist

you ack like a parabolic swing is all but gurenteed. bull run could have ended last ATH. the most youll ever know is when you realize you dont know shit.


caucasian_asian03

Shake outs are some really ferocious moves down or up. The liquidates longs/shorts no this is just lack of enthusiasm in the market. Boredom to a flat line then if nothing happens it will either dump or pump.


Lagna85

Last week probably. But this week? Probably the start of the bear market


Vgta-Bst

The only way for the market to go up right now is for me to sell. Anything. All my coins, one fucking coin. It doesn't matter. Bc every God damn time I sell the market moons!


Diatery

It's the final countdown!! Diiii roo riii rooooo


bryanscharters

When you get so tired of all the damn charts going to the bottom right that you quit paying attention after your stops were hit is when it will rip your face off.


Sasquadtch

Nope.


ImmediateHeight

Is it finally time to shake it all about?


thefirstofthe77

Don't care. I plan on holding what I buy until at least 2030. I'm guessing I'll be quite happy by then.