@ZeroHedge_ Haha. Well defending it with money is far different than simply defending it with words and there don’t seem to be enough people doing that.
Honestly, I’ve been following you for a long time and I’m a little taken aback by your level of confidence. It seems a bit out of character for you and super biased. I 100% agree that kind of drawdown is still very much on the table, but so is the real possibility that we’re actually bottoming here. To me, it’s foolish to declare anything will happen with 100% certainty. I let price action and charts guide me and they continue to just change possibilites and probabilities and never provide me hard core bias like this. This post seems reckless and unlike the more measured takes you used to post.
@BigCheds Haha. Good point. I guess they is just the Sellers continuing to be nervous enough to step aside as the shorters are forced to have to buy back. 🤷♂️
@BigCheds Yeah pretty awful close. Equities and metals dumping is not helping us either. Seems to just be all about liquidity. We’ll see how the weekly ends up. Ugh.
@ChartGuys Got 2 texts from friends today asking if it’s time to buy BTC. I said maybe a little but it likely goes a bit lower before we a new bull market comes. Then I thought maybe this actually is a signal. Much like you.
@branden203@milesdeutscher Yeah I disagree too. No one was talking about tripling at the top this time. There was no people yelling pump. Super different cycle.
@BigCheds People hear doubting Cheds. A bearish Cheds. If I were a bull I’d be interested in what changes Cheds mind. Sharp drop is prob right for bulls. Question is how low do we need to go?! Double bottom? Or further?
@Bitcoin_Teddy Wow this guy sounds like a completely misinformed idiot. Not say $BTC can’t go to like $30k but he’s just throwing random numbers around like he knows what he’s talking about.
@virtualbacon Top? Have any alts been performing other than $ZEC and a few others? I mean I agree protect capital, but alts have been brutal all year for the most part.