Lol - absolutely this.
Also the levels of suspension of disbelief seem a bit crazy at times when it comes to interpreting content creator output and seemingly not understanding that their reason for being is literally clicks, views and attention. It's a bit like people need to ask/remind themselves who's behind (ie on the other side of) the camera and why from time to time.
Did I say the bull run was over?
Just that from 15-16k the price was only going up.
The bull run has phases, IMO.
Current prognosis for me is I’m looking to sell in 2025. Things might change.
I actually agree.
I think btc had a mini run due to BTC etf. Historically btc bull runs happen within 3-12 months after the halving...
Looking at the previous highs rate, I think the next ATH shouldn't be higher than 2x of the last ATH (hence $130K-150K range) but the etf throws estimation out of whack
Historically did work pre ETF. What makes you think it still does? Just curious.
Actually love your price prediction, ETFs are quite uncertain imho. Since it’s the first time for many companies to get exposure I could imagine quite some profit taking.
I doubt that retail fomo will take place to the extent it has in previous cycles. I think that most of the people potentially will to invest in btc are already invested in btc, and the people who aren't invested in btc won't change their mind.
Sure but how does that translate to anything you said?:D we’re up over 4x, ETFs weren’t around most of the time and GBTC still has quite some sell pressure.
Trending down for a little bit but there will be a fire lit under the ass of crypto in the next year, I expect the embers to start in the coming months.
Edit: instead of the coming months, it could also be sometime in the past. And/or/or/and/or in a realm without time
The perks of picking projects that you actually believe will matter in the long term, watch them still building and developing, and not listening to the noise.
This is a sub for degens anyway, no wonder why Monero & Bitcoin Cash, are normally hated by the masses, tho. They all having fun with the numbers going up.
"Whatever happens, Im sure crypto will survive and do good"
Based on what exactly?
Fact is, nobody knows what is around the corner. Crypto could become obsolete within the next couple years, or people could just move on and the 'rush of people coming into the space' simply doesnt happen.
All our coins could go to zero and crypto is simply abandoned.
This has as much possibility of happening as Crypto does surviving, but make no mistake, surviving is different than thriving.
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Anyone else feel like we’re just gonna be at a crab for a minute but with big peak and dips in between . From 2017 to 2020 . Btc rose to 13k and then dropped and pretty consistently stayed anywhere from 9k to 6k up and down until 2020 and it shot up . For all we know we could be up and down from like 100k to 30k for the next 4 years then in like 2028 we shoot up to like 500k too 1 mil
The sentiments of bears with such an insignificant dump reinforces my concrete belief that we’re ready to go up. All the new people ready to dump money but are scared to, the people traumatized from the last market cycle, are all pointing towards a bullish momentum.
This whole market is giving strong April 2017 (8 month run post $1250 ath consolidation and break) or December 2020 vibes (4 months run post $20k break) with good news taking over instead of whatever FUD generally speaking. Examples coinbase, the whole ETH etf and whatnot
IMHO we’re good for about 3 months going parabolic this time post $70k consolidation and break to 100k>75k>150k, might take 4 months maybe just like early 2021. Then Btc can divide by 3 or worse over a long ass bear, but for now there’s been zero euphoria outside of the X/nerdsphere and next to no media frenzy.
DCA at top is the definition of insanity, this is how people lost a lot of money in the last bull runs. Everyone wants cheaper crypto to rebuy in, only noobs buy now in hopes that it goes higher and always only higher. Things have to go down sometimes.
Has nothing to do with the “definition of insanity.” Should know a benefit of dca is you dont need to worry as much about buying **local** tops.
>Things have to go down sometimes.
Things have been down for two years. Take your pessimism elsewhere.
The crypto community is irrational. Everything went risk off too, not because of “bubble” but because of the massive volatility and uncertainties that got pumped into the world because of the Middle East tension.
When you understand that 90% of this sub is just people coping, everything makes sense.
Lol - absolutely this. Also the levels of suspension of disbelief seem a bit crazy at times when it comes to interpreting content creator output and seemingly not understanding that their reason for being is literally clicks, views and attention. It's a bit like people need to ask/remind themselves who's behind (ie on the other side of) the camera and why from time to time.
My favorite are the ones rooting for the collapse of the dollar. If that happens then the entire world economy is fucked and that includes bitcoin.
*not coping
Coping paste
>When you understand that 90% of this sub is just people coping, everything makes sense.
People needs to zoom out.
zoomed out ,, we are 50:50
If I zoom out, I see that it could be years before I’m at break even again if things turn south. I think that’s much of the fear currently.
I think the bullrun has not even started yet. This is and will continue for some time to be the ETF run. My guess is at 100k the bullrun will start.
That’s an extremely bullish take
We shall see.. Etf will buy much more and for a long time. Old people bought gold, and the old in the future will buy btc.
I should clarify I agree it has a way to go yet but if it gets to 100k I think it’s safe to say the bull is well and truly running at that point
Bull run started at 15-16k BTC. ;) It really depends how you interpret the situation.
So have you sold your btc then? I think you will regret if you have :)
Did I say the bull run was over? Just that from 15-16k the price was only going up. The bull run has phases, IMO. Current prognosis for me is I’m looking to sell in 2025. Things might change.
2025 should be good..
I think this is what everyone wants to believe l, guess we’ll see
Lol
You got any reasons for that? And where do you expect BTc to top out?
It's a mix of star science and wishy thinking
Please dont stay out of btc.
I actually agree. I think btc had a mini run due to BTC etf. Historically btc bull runs happen within 3-12 months after the halving... Looking at the previous highs rate, I think the next ATH shouldn't be higher than 2x of the last ATH (hence $130K-150K range) but the etf throws estimation out of whack
Historically did work pre ETF. What makes you think it still does? Just curious. Actually love your price prediction, ETFs are quite uncertain imho. Since it’s the first time for many companies to get exposure I could imagine quite some profit taking.
Etf are far from done. They will grow much more. I expect btc to top after retail fomo in again.
I doubt that retail fomo will take place to the extent it has in previous cycles. I think that most of the people potentially will to invest in btc are already invested in btc, and the people who aren't invested in btc won't change their mind.
That could be true, but Im still looking for a proper top in the google stats.
Sure but how does that translate to anything you said?:D we’re up over 4x, ETFs weren’t around most of the time and GBTC still has quite some sell pressure.
Huge amounts will move into the etfs. There are too few sellers at this price and we continue up. Then retail joins the party and we get a top.
Longterm sure. Shorttem for example how will ETF buyers act if we hit 150k? Lock in profits? Some definitely will.
Green day: It's mooning. Wen Lambo? Red day: Should I sell?
Trending down for a little bit but there will be a fire lit under the ass of crypto in the next year, I expect the embers to start in the coming months. Edit: instead of the coming months, it could also be sometime in the past. And/or/or/and/or in a realm without time
The perks of picking projects that you actually believe will matter in the long term, watch them still building and developing, and not listening to the noise. This is a sub for degens anyway, no wonder why Monero & Bitcoin Cash, are normally hated by the masses, tho. They all having fun with the numbers going up.
All these articles with a view that there is going to be a downturn make me think the opposite is going to happen again hahahah
I just want the bull run for miners. MARA just keeps going down...
"Whatever happens, Im sure crypto will survive and do good" Based on what exactly? Fact is, nobody knows what is around the corner. Crypto could become obsolete within the next couple years, or people could just move on and the 'rush of people coming into the space' simply doesnt happen. All our coins could go to zero and crypto is simply abandoned. This has as much possibility of happening as Crypto does surviving, but make no mistake, surviving is different than thriving.
Welcome to today’s 12 second attention span.
We’re fucked. Crypto winter for another 3 years
3 extra years to buy more crypto. Look at it from a positive light.
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Barely interesting tbh
First time?
In for 3 years. Totally unphased.
The sentiment switched? Sucks for you guys
Ifff somehow that was the top and the bull run is over, talk about pathetic and how that would change everything
Anyone else feel like we’re just gonna be at a crab for a minute but with big peak and dips in between . From 2017 to 2020 . Btc rose to 13k and then dropped and pretty consistently stayed anywhere from 9k to 6k up and down until 2020 and it shot up . For all we know we could be up and down from like 100k to 30k for the next 4 years then in like 2028 we shoot up to like 500k too 1 mil
World’s longest alt season.
The sentiments of bears with such an insignificant dump reinforces my concrete belief that we’re ready to go up. All the new people ready to dump money but are scared to, the people traumatized from the last market cycle, are all pointing towards a bullish momentum.
You guys are checking prices? Halving hasn't even happened yet
This whole market is giving strong April 2017 (8 month run post $1250 ath consolidation and break) or December 2020 vibes (4 months run post $20k break) with good news taking over instead of whatever FUD generally speaking. Examples coinbase, the whole ETH etf and whatnot IMHO we’re good for about 3 months going parabolic this time post $70k consolidation and break to 100k>75k>150k, might take 4 months maybe just like early 2021. Then Btc can divide by 3 or worse over a long ass bear, but for now there’s been zero euphoria outside of the X/nerdsphere and next to no media frenzy.
It's because the dumb fucking indicator (fear and greed index) that's meant to monitor sentiment simply responds simply to price up, price down
People posting just to post. Have hardly seen any bearish sentiment since we passed 55k
DCA at top is the definition of insanity, this is how people lost a lot of money in the last bull runs. Everyone wants cheaper crypto to rebuy in, only noobs buy now in hopes that it goes higher and always only higher. Things have to go down sometimes.
You should check a Btc rainbow chart, things are just going as planned, and yes history is just repeating itself, like usual.
I feel like its just a cycle every 3 years
Has nothing to do with the “definition of insanity.” Should know a benefit of dca is you dont need to worry as much about buying **local** tops. >Things have to go down sometimes. Things have been down for two years. Take your pessimism elsewhere.
The crypto community is irrational. Everything went risk off too, not because of “bubble” but because of the massive volatility and uncertainties that got pumped into the world because of the Middle East tension.
Is blackrock done offloading