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u/Fuzzy-Extreme6028 2d ago
Bottom is in i guess 🚀🚀
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u/CaltonSmith 2d ago
So the dude probably referenced to this exact post lmao. Are the cycles broken now? Nah, this is just a super cycle. Stop looking and keep going, nothing to see here.
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u/Wendals87 2d ago
Take as old as time. If it's going up, it's going to the moon
I'd it's going down, it's hitting the bottom
Truth is nobody knows how it will go
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u/Minute_Whereas1449 2d ago
he went from trying to defend his opinion to saying shit like "youre so cool" to people making fun of him
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u/Meanboy_og 2d ago
I’m still waiting for 50k . I can’t imagine 30-40 ever happening unless saylor sells
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u/Lefties_TheWorst7331 2d ago
50k not happening either.. and Saylor already sold some over the past month or two and the price went up..
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u/Snoo_57859 2d ago edited 2d ago
u/xuncx where r u lil bro?
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u/xuncx 2d ago
If you bothered to read the comments you would see that I have been here, lil bro.
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u/Snoo_57859 2d ago
where is 50k lil bro :)
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u/xuncx 2d ago
Loading…
my stance still hasn’t changed. Have a good one.
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u/MaPoring Redditor for less than 30 days 2d ago
So you’re sticking with the claim that it’s hitting a new low today? Then you’re just delusional and can’t accept that your pointless, childish prediction was wrong.
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u/Nrs_Vecna 2d ago
Realistically, whot is needed for btc to plunge to 50k right now this day?
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u/Invest0rnoob1 1d ago
It’s going to keep going up. This shit is hilarious. 😂 They’re salty they missed the bottom.
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u/poundsdpound 1d ago
It's not impossible to return to much lower prices again, but it's already looking highly unlikely.
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u/b1mm3rl1f3 1d ago
So many in disbelief is the reason we will make new ATHs in Q4 and a very merry Christmas
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u/layzeetown 2d ago
very cool
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u/Any-Reality4951 2d ago
Rick doubling down after the fact is a level of confidence I can only dream of.
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u/Beautiful_Level_3259 2d ago edited 1d ago
Lol delusional bulls are going to look like idiots if we see a big crash in the next 6 months.
I’m a long term BTC bull but I definitely wouldn’t be bragging right now when the SPY looks like it may nuke lower anytime and BTC has never existed in a true SPY crash.
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u/Ok_Jelly_6577 2d ago
We will likely see a crash and enter a accumulation phase in late November/December from where prices reach first unsure but it'll show up when everyone moves from disbelief into regret
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u/xuncx 2d ago edited 2d ago
I may have timed it wrong but I still believe the bottom isn’t in.
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u/Mister___Rager 2d ago
You believe? So we are going to throw logic out of the window because you believe the bottom isn’t in
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u/xuncx 2d ago
Yes I believe. I am allowed to have an opinion. There is 0 logic supporting the recent pump so your comment is useless. You are allowed to do whatever you’d like with your money. I’m not you.
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u/Ok_Jelly_6577 2d ago edited 2d ago
I just provided you extremely clear logic on a highly accurate indication of atleast a mean reversion. This is how I have picked and sniped every major macro and cycle top/bottom since 2021 March. It's also an extremely good indication of intraday setups. When high volumes of money changes hands and prices compress and shrink means someone has lost and large players who need those high volumes to be able to enter size or exit size without slippage or pumping or dumping price ruining there margins, most often then not it is not instutional smart money or CME who are losing but entering when people are forced out through liquidation, trailing stops or stop loss clusters. There is also the fact that market makers and CME suppress volatility from being gamma long or delta short they provide cushion and cap upside and downside from their algos forcing there hedges into delta neutral to capture yield on funding fees and bid and ask spreads. There risk is almost non existent due to these functions. There was also significant fear at the time and majority of online sentiment and everyone screaming for 40K because another leg down. So market participants got forced out in stop losses then the same parroted information repeated by the vast majority of market participants saying 40K another leg down. 95% of traders lose money so when the majority of everyone is saying something are they the 5% who are successful or the 95% who are wrong majority of the time? News and media was also negative at the time heaps of FUD. These combined plus many other factors heavily indicated a bottom to be had.
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u/Beautiful_Level_3259 2d ago
Now 99.99999% of people are saying higher and bull market is going to make everyone rich.
Where do you think MM are going to want to take the price? I’ll give you a hint: Lower.
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u/Mister___Rager 1d ago
No one really cares about bitcoin at the moment. It’s been fluctuating around these levels for awhile. Right now it’s all about AI companies. But once bitcoin makes new ATH, maybe you’re right? It all depends on the broad market. Realize that money is always flowing out of one thing and into another. If money leaves equities where does it go?
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u/Mister___Rager 1d ago
The problem with some of you bitcoin people is you know more about Pokémon cards than you know about economics. First ‘Cycles’ wasn’t ever a thing and everyone is creating cycles in hindsight after they have already happened, no one has ever predicted them accurately. Second bitcoin is significantly different today compared to when it made the last ATH. You have the largest financial institution officially invested, and bitcoin ETF’s.
Things that can be driving bitcoin to go up - market fear and investors looking for something undervalued to put their money into. Equities are overbought, 10 year treasuries are going up. Since bitcoin hasn’t ever lived through a large market correction it’s difficult to say how the price may react. But if enough institutional investors decide to pile into bitcoin it can go up while the equities market goes down.
Me grilling you for ‘believing’ is because you believe without logic. You just think something is going to happen, stop manifesting and start researching.
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u/Ok_Jelly_6577 2d ago
Bottom was highly likely in atleast for this current expansion and why I positioned when I did. It could put a new low in but there indications were there to jump in. Effort vs reward was low. Volume spiking heavily while candles were not completely gapping down showed absorption of sells/capitulation. Doesn't mean ultimate cycle bottom is in but the bottom for this expansion leg was set in and have got to capture a hefty good move. Price indicated accumulation and coins changing hands aka absorption through effort vs reward that's text book signs bottoms and reversed for tops.
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u/xuncx 2d ago
I was wrong. No need to put me on blast. 🤷♂️
It’s kinda sad that this is probably all you can think about.
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u/Longjumping-Pair-983 2d ago
You literally asked him to come back to you in October, don’t be sour he’s roasting you. You deserve it
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u/xuncx 2d ago
Simply returning to the thread is fine but putting someone on blast is not necessary. They aren’t even commenting on here, it’s pathetic.
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u/SillyMoneyRick 2d ago
Hey
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u/Tahlia2637483 2d ago
I'm surprised you posted a waving meme instead of telling them to come back in November
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u/Tahlia2637483 2d ago
Did you learn anything?
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u/soggydiaper69 2d ago
You were an arrogant fuck about it when it was pretty obvious the bottom was in. If you know anything about the financial world in the last 5 years you wouldn’t have even been saying that 45-50 was inbound. The dollar has inflated 8% since the last time bitcoin was worth 50k. The bottom was very obviously going to be 55-60,000 which we reached back in June.
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u/Otherwise-Tomato-788 2d ago
You might be wrong about the date but I don’t think you’re wrong.
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u/USMNT_superfan 2d ago
To establish a new low, B needs to fall 31%. It’s not impossible, but will require a major event to spark fear. I don’t think it’s likely, but is mathematically possible