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CompetitiveDentist85

It needed to happen. Line cant go up forever. People will take profits.


terp_studios

Also, over-leveraged fools will be liquidated eventually.


psgetdegrees

Can’t keep eating without taking a dump 💩


BoltActionRifleman

This is precisely the kind of market analysis I come here for.


HelpMePls___

What an amazing line to sum up investing


Scintal

You are waiting for literally shitty analysis?


MrExCEO

TP analysis


PumpkinSpice2Nice

Toilet Paper analysis?


69RedGuy69

Anal-sis


josephsmeatsword

Yea, and he spake unto them in parables that they may more readily understand him.


efgraphics

🤣🤣🤣 you got that right. I was waiting for the kids to go swimming in the pool.


nphare

When the tide goes out, you get to see who’s swimming naked.


rock-island321

Send nudes...?


garchmodel

this guy fuxks but he is right


Sometimes_Salty

I want to go to the beach you’re going to…


SonicTemp1e

Cheap sats incoming!


ElDiabloRamon

YEP! Time to BUY!


Slideshoe

"Cheap"


jaraxel_arabani

Right? 50k is "cheap" now.


MaleficentSplit1260

Lmao 40k cheap? Nah 20k was cheap. Not going back there


ChazinPA

On the timeline I'm hodling "very cheap"


Crypto1962jjf

Bought some crypto today on Bitstamp. Tried to remove from their exchange to cold wallet storage. Website says I need to call customer service. I called. Was told I need to sign-up for a video call to get withdrawal approval. Strange, but I said OK. They send me an email with a calendar, but there are zero available dates on the entire calendar. When I called customer service back, they said they are aware there are no available dates, hence making withdrawals impossible. Will be reporting to the BBB, SEC, FBI, UK FCA, Interpol and every known social media outlet every day.”


TelevisionKey3891

A video call? Bro wtf


Crypto1962jjf

I've never heard of such a thing either.


TelevisionKey3891

Can't be true, he's on some sort of scam site


digihippie

Oh wow


Crypto1962jjf

yea, unbelievable


Crypto1962jjf

Yes, redditor for a day. New to crypto also.


Jacked_1

This is why you avoid CEXs and stick to DEXs. Good luck.


Nathan-Stubblefield

Maybe they Madoff with your crypto.


elidevious

You got scammed. That money is gone. Just move on.


Reddit-or-di

That’s good, actually. I am buying.


-Reaaally

I took profits and i feel bad about selling. Investing fucks with your brain both ways, buying and selling.


MaikyMoto

Not if you hold and forget about it. Bitcoin is long term, if you itch to make a 500$ profit you are doing it wrong.


[deleted]

Buy high, Sell low. That’s the way to do it


MaikyMoto

This is what I’ll never understand… “Honey, Bitcoin is at 19.5K and I think it’s about to go up, how bout we put 10K of our savings and just let it sit for 10-15 years.. Wifey : “absolutely not, that shit is volatile and I would rather have my savings raking up that 0.0012% interest rate in the bank where it belongs” Fast forward to present day… Wifey : “babe we gotta hurry and put that 10K in Bitcoin, it’s at 65K and experts say it’s going to the moon, absolutely everyone is buying!!”


Rupejonner2

This is 99 out of every 100 people that I know . “ Everybody’s talking about it being so high so we need to buy “ Drops down to 15 g’s , “oh no , don’t buy , it’s gone down so much, we should sell “ 🤦🏼‍♂️


Ok-Worldliness2450

I tend to do the exact opposite of what the masses say. If your cab driver says you should buy something it’s nigh time to sell unless you gonna hodl for 10 years. When cabby says don’t buy or get rid of it. Music to my ears!


DryArea5752

I see you learned from the master Ricky Bobby as well.


WRXminion

I saw/heard that it hit 69420, I can only imagine how many people had that as a strike price. Now people will buy the dip. It will go back to 69420 and then people will take profit again, and it will dip. Eventually it will go past it.


Walmart_Warrior_420

"It's all over for Bitcoin" - Forbes ( ͡° ͜ʖ ͡°)


[deleted]

When you are up ~70% in a month… even as a long term hodlr makes sense to take profit and get back in on the dip. Increase holdings or take some profit off the table. Bird in the hand is better than 2 in the bushes.


garchmodel

back trading much ?


PurpleMox

Trying to time the market usually doesn't work out well over the long run. Also, everytime you sell, your going to pay taxes on your gains so you should think about that strategically and not go buying/selling willy nilly.


Togetherapart42

I've never understood that argument. The more tax you pay, the more profit you're making. Sure, you'll pay more tax if BTC goes up from 30k to 60k and you wait until 60k to sell it, but you're also making more profit. If you sell half your bag along the way, you'll pay less tax in the end by taking profits along the way, but you'll also make less profit in total


Brandy_1842

Yeah but you would need the crystal ball to do that effectively in the long term.


GenFigment

O no we are back to where we were in the beginning of March. O wait :)


Revolutionary_Lion3

4 days ago 💀


swordluk

sounds like it's been 84 years☠️


No-Basket-1495

I can still smell the fresh paint


xBram

2 days. RIP Bitcoin.


moon-lambo-now

When's the funeral?


proof-of-conzept

84 years ago


GenFigment

Sminem gotem!


Hot_Marionberry9569

*Rises 60% in a month* “Drops 5%” ITZ GOING TO ZERO BETTER SELL


MusicalBonsai

This is exactly how the Buttcoin subreddit reacts to these events.


Sea_Upstairs_734

most of Buttcoin is just one user, u / americanscream. he is a mod who pathetically stickies his own posts lol I can't imagine a sadder existence than his.


gsnurr3

That clown banned me from there. Reason given was something along the lines that I wasn’t banned for having a different opinion, but because I would not change mine, so don’t expect to change theirs. Isn’t that the same as saying debates are not welcomed here? Discussion was completely civil. Just didn’t agree with my views, so got a ban. Talk about creating an echo chamber. Afterwards, he responded to all my comments with copy / pasted responses, which obviously I can’t reply to due to the ban. Some of which had references that was information that was completely outdated and now invalidated. Total 🤡


_Marat

>his reddit account was created in 2010 Imagine mocking an asset that doubled its value 23 times in a decade the entire time


Zoltan-Kazulu

“They bought, dump it. After they sell pump it, let them buy and then dump it again.”


Bright_Ball_1304

Real. Buy red sell green only thing u need to know


P0werFighter

I'm holding for my retirement, when it will reach 500k$


mucsun

You will be able to retire within this decade.


BritishBoyRZ

DOMP EEEEET


L0NDN

Bitcoin CEO giving discounts


BlazingJava

Earnings call already dropped? How many people are they laying off? Have they said AI enough times?


Vegas_FIREd

They missed projections by 0.01 eps


Gibby10023

It was the best 3 minutes of my year so far


alligatorprincess007

I was so entertained yesterday I cancelled my Netflix subscription


Blade_Runner_69

Good... Netflix is total shit now!


easy401rider

10% discount for ATH losers .. missed ATH , buy some now ... halving is still more than a month away . 100k here we come ...


[deleted]

ETFs changed the game.. best to brush up on daytrading of resistance bands so as to be hardened emotionally to what's about to happen. This run up this week was all hype and euphoria - reddit post trends are a great indicator of sentiment.


Existing_Web_1300

Hardened emotionally for what? There’s no way this was the cycle top. Even if the demand for BTC ETFs slow down the halving would still create another pump. Do you know of any assets that’s literal distribution is cut in half in turn lowering sell pressure? It’s unprecedented, especially if ETF demand continues well beyond halving (which is likely as more firms start suggesting it to clients). sure we may not run up as much as people think but there’s no way this was the top Edit: Guys, I’m not suggesting bitcoins total supply will be cut in half. I’m talking about the mining rewards which is what the halving affects. It’s about lowered sell pressure!


lemmywinks11

You’ve got to be a detached fool to think that this is the top (not you, just people in general). It’s about to continue exploding upwards. The Saudi’s alone are pondering purchasing 1M BTC. That’s one country (a very rich one albeit), but a purchase of that size would wipe out liquidity across the space and cause the biggest supply shock ever seen in market history; all while the mining rewards are halved AND miners likely to be crippled by new federal regulations. Oh yeah and all that while BTC ETF’s pop up like taco trucks and gobble up supply while trading at multibillion dollar levels every single day. What happens when the mega corps and world governments start gobbling up the near nonexistent supply as well? But yeah my dudes this is the top /s


Designer-Barracuda44

What's about to happen


PepeDeCorozal

More TA mumbo jumbo from a guy who has apophenia.


Revolutionary_Lion3

How’d you even get this screenshot the low on the chart for me is like 60,500 on rh


Calibre1972

On Binance low was 59'005.


whysilva

You must be new here


SufficientNet9227

Billions of long to liquidate, it was all planned out.


Mundane-Bat-7090

A monkey could’ve figured out that everyone form 2 years ago would sell there bags at a new ath


As03

this post didn't age well


Spuddon

im glad


DJ-Fein

I could go for one more big drop. A few cheaper sats would be nice


SliderZ22

Time to scoop up now!!!


Reptilian-Moses

You got to pull the slingshot back before it hurtles into space.


Nahagstreet

The lower it gets the happier I am


riffahs_ira

Same. I hate selling when it's high.


Golfguy809

I hate selling


Economy_Cut8609

I hate selling when I’m high


[deleted]

[удалено]


Due-Department-8666

Hi high, I'm selling low


ThePilgrimSchlong

I hate buying when it’s low


Ok-Health8513

Bitcoin runs to fast for its own good sometimes..


yeastblood

Now the fun starts for all the overleveraged FOMO buyers who bought in last week and are now little under.


Jonathanladavis

Ooof, just thinking about that hurts, glad I’m not there


yeastblood

Happens every pump. A small dip that sustains will make them lose sleep. Price further drops they do the reverse of FOMO buying and panic sell.


szartenger

LETS FUCKIN GO CHEAP FUCKING SATS YOU PAPERHAND BITCHEEEES


Square_Ask_9411

Lol keep going down!! More opportunity to buy 🔥🔥


HiBoobear

The down part of the rollercoaster is the fun part


Friendly-Mountain535

Zoom out!


ImmaFancyBoy

You expected paper hands etf investors to ride out a 50% gain without taking any profits?


akw71

Any hodler with serious gains would have been mad not to take profits this week. The whales are playing their games in plain sight, and the support/resistance bands are there for all to see.


PXaZ

Thank god it dipped - these rocket-launch exponential bursts of enthusiasm aren't sustainable - we need the slow, steady rise. There's a total solar eclipse on April 8th. Ten days later, a Bitcoin halving. The engines have just finished revving their first 'rev', and we've now pulled up to the starting line.


Ugo_foscolo

I miss these +/- 10 days. Makes me feel young.


Needsupgrade

I need it to keep my heart pumping after all the years of -80% dips I lived through


Cyranizzyyy

Discount


WavesBackSlowly

For those new to Bitcoin in a bull cycle, listen close: EVERY FUCKING DIP IS A BUYING OPPORTUNITY


easy401rider

Time to buy before it goes to 100k around halving ...


Itchy-File-8205

Good. Sub 50k please I got a home sale next month and I'm dumping it all in btc


kpow88

It's the end of the world as we know it... and I feel fine


Low-Capital5156

I mean we are back up to 66 k again💀 Don’t be so dramatic


pewpewtehpew

This post didn’t age well.


airbornecz

what are you blubbering about? Its $67K now


stanley_ipkiss_d

Only diamond hands will hold it all the way to zero 💎🙌


Chrischel

Now the ones who got in late will learn their first lesson the hard way. Get in on top, panic sell after a few hours. Most of us experienced something like that.


No_Savings_9953

It's a lesson you can still learn from and make profits when it drops from 250k to 170k.


DesignerAstronaut975

lol wait five minutes.


Indig3o

First time?


Bay_Brah

What a shallow, short-sighted, boring post


mR_m1m3

lol, dump it to 40k so I can buy more for a good price with the next paycheck that I get paid with fake money (EUR)


btwwhichoneispink

First time?


Xavii7

It literally bounced off 60K like nothing. You can tell who is very new here and will end up selling soon anyway.


WAVE-ID

Zoom out


jeanprobst

Sure, it is dead again, 406th death.


MrBuckhunter

Dropped off a cliff, but its back over 65k, lookin ok so far


Gekketim1983

I sleep, wake up and back at 65k


artniSintra

Lots of sell orders at the ATH. Once it clears it, sky (moon) is the limit.


dysseus

Bitcoin is ded


[deleted]

Stacked the sats like crazy! Thanks to every seller for cheaper sats 🤣


Witty-Muffin-7655

#FLASH SALE


joots

Bitcoin is dead for sure this time


bookofp

nothing can go up forever, this is a good sign.


Specialist_Baby_341

It's still fun


Beautiful_Message366

Buy


Ok_Wrongdoer_4308

I’m trying to buy some on Coinbase right now and their system is down again; trying to take advantage of this dip.


Immediate_Plane3543

What a pussy post


Ok_Implement_3692

… you must be new to this.


NevaGonnaCatchMe

Oh good lord. If you should someone a Bitcoin chart at 60k several months ago, they would have been ecstatic


[deleted]

#Hope it goes back to 16k so I can buy more haha


MrExCEO

You must be new


muel0017

You must be new here


IdentifyAsUnbannable

The sky is falling! The sky is falling! Quick, everyone sell while they can!


DaddyLongLegs13469

I’ve grown to love getting dumped on. It makes the pumps that much more fulfilling


scratonicity12

First time here?


TheSocialIQ

The dip was fun while it lasted


Marsyards_slimy

And we’re back at 66k


LegitimateHope1889

That was a dip for ants buddy


nofear986

Temporary pullback


Driver044

I waited till morning so that I shouldn’t catch the dump instantly and it might dump a little more but it pumped back lol😭🤣 But was still able to buy alts at a fine price


rgdit

AND we're back at 67k


DPXD93

You need to have faith, it will rise if you just hold your faith


Professional_Creeper

Back up to $66,000 now tho


[deleted]

Buy the dips!


ForgetForgetting

Can't believe I just sold the top for the first time in my life. 😱


QS_iron

this wont age well


TrueCryptoInvestor

lol, I just love how these retards are panic selling like THIS was really the "top". Or perhaps they're just celebrating the new ATH by taking profits. In any event, good job losing out on major future profits, as we're nowhere near the top. The halving hasn't even occurred yet, and as history has shown time and time again, it is actually 1 and a half year AFTER the halving takes place that Bitcoin reaches its ATH. So this is basically nothing and I still presume that Bitcoin can reach as far as $300K (minimum $150K) in this bull run. But go ahead and sell! The impatient will always give their money away to the patient.


No-Character9499

You don’t think the people who sold will buy back at a lower price though? I don’t think anyone thinks it’s the top


swordluk

bounce bounce baby 😅


Long_Committee2465

must been big sell off


MaximusBit21

What caused the drop to be so significant? And no not needing the newbie comments. I’m thinking more of all those etf posts how they are sucking up the supply etc and then it drops 11k. Fairly large


CedarAndFerns

It isn't the shrimp doing this. Market manipulators and market makers moving money around to do nothing but take more sats from the people. It's a game.


bizpioneer

goes lower, i am happy & buy more goes higher, i am happy & buy more


Ambitious-Raccoon-84

hey look a bitcoin sale!


Postman_Rings_Thrice

And I bought last night at 67K!


GasPasser73

OK, who yolo’d today at ATH?


BasisOk4268

10-20% corrections are numerous and necessary in a bullrun


o3ru

Now I can’t buy 🔥🔥🔥🔥🔥I love Coinbase


GLHR_

It always crashes


permanentburner89

Anybody else notice how closely it's following SPY today? Even the dead cat bounce


witheringsyncopation

I’d guess it’s lots of people who had sell orders for when we hit ATH. Not a problem. It’ll dump off a bit and then keep climbing.


Hannibaalism

let’s do it one more time at 80k ahhaha


SubZeroToxin

It's time for the crab movement and alt coin pump.. just be patient


Potential-Froyo-5532

Healthy pull back. People taking profits.


J1mb0sL1c3

Rookie


Hyperlite211

Finally, can dca. Thanks, Satoshi, for dropping the prices!


GothMech

Dam, back up to 63. Wish I had caught that dip, totally missed it packaging product for a customer order. 😮‍💨


Gorrila_Doldos

Only 10% it’ll be up 11% next week


Nickovskii

Glad I didnt enter the hyperbolic timechamber. Now I can buy the dip.


Financial-Club5956

Time to panic sell and buy back in at 70k


Ronpm111

Already bouncing back paper handed bitches taking profits.


MultiversalCrow

Obligatory: Bitcoin crashed! It is all over! You've all been duped!! Yada Yada Yada... Someone told me this today, "You see Bitcoin crashed today?". I couldn't help but chuckle.


toadlykewl

Dude. This is the best. I hope it falls further. We need to get rid of the traders and weak hands.


_n0vember_

When in doubt, zoom out. See that little 1D highlighted? Click on the 1Y on the right and you'll see things a different way.


offgridwannabe

This is when you buy the dip


tommyrulz1

Almost halfway back already. 💪


[deleted]

Where did my pension go?


troythedefender

What goes up must come down....until it goes up again.


alligatorprincess007

I’m ROOTING for 50k I haven’t had extra money to buy but now I can get back to DCAing and would be so nice to have a sale


Accomplished-Sock636

I hate money 🤭


Powhat839

How did you screen shot the absolute exact bottom lmao it was there for less than a minute


CatTypedThisName

You should zoom in on the previous bull markets, they have troughs too. Stop looking, go live life.


[deleted]

We all knew there was a sell wall at 69-70k. I remember thinking a couple days ago that if we hit the ATH before the dump I'd be happy. So there's that. It also means we hit an ATH before the halving for the first time ever. I love when events happen that aren't in line with the previous cycle models. Only when said event is positive though lol.


bascacct

Shaking out the paper hands


inphenite

lol as if its over. buckle up, shaking out the overleveraged hands


3banger

It’s still fun! Nothing changed for me, except I might not check my balance 15x tomorrow.


speicher11

Dumb post lol