@Dunno760@Quagslime@XRP_the_future@TheKouk@cotality_au I live in n area with median $1.1mil prices. Number of sales has dropped but prices haven't budged. An average 4 bed 2 bath double garage house just sold today for $1.2 mil.
@AntiFeminismGuy@TheLongInvest this thing has three drives of bearish divergence on the monthly. I said the same thing just the other week to TLI at $91 . It's done. Anything from here are just bounces into lower highs.
@ffootballXchamp@sosojni@typeclonghouse Happiness is relative no? I'm in Australia. We have it so good here but ask the average person and they all whinge about how bad it is.
All it really means is people generally will always complain no matter how good they have it.
@Tom__Capital I mean it's got some good bullish divergence on a few weekly indicators. But then again this is crypto. This shit can drop another 50% before any of that plays out.
@CryptoCrewU The difference Steve is this could be a left translated cycle to end the BTC megacycle since inception. It will start earlier and peak much earlier to throw everyone off before the big BEAR.
@HVACBitcoiner@benjamincowen remember we are already in the window for a cycle low. Anywhere from here till end of year could be the bottom. We may have already bottomed. My personal opinion is we are either at the bottom or it will be around $53k.
@pStevenson_Auth@Tim30do@elonmusk fertility is decreasing worldwide though so eventually we won't have immigrants to come here either so more resources per person is going to happen eventually.
@tradingjip@Crypto_Chase Yeh I studied past bottoms and usually when the second bottom is lower volume compared to the first one it is usually right near the bottoms. Feb drop was on much higher vol than this drop. Sell pressure is waning. We are getting close in price at least. Time may take a while.
@Crypto_Chase Looks like we are not far off from a bottom. My guess is $53k area. All other indicators are flashing bottoming signals right now.
The worst is likely over. But it will take a while. Even this recent weeks drop was lower volume compared to Feb meaning lower sell pressure.