@BitcoinIntelX Posting this with 142k followers and 0 real sources outside of rumors is pretty crazy. Love the flashing red light emoji though to add some flavor to the post
@marc02200 It doesn’t have to happen in the next couple of days nor do many think it will. There’s a timing band many people are (understandably) anchored to
@BobLoukas One of the more interesting pieces of the puzzle is the constant revisiting of the May high-as though btc is reluctant to leave that level behind. Very interested to see where it goes from here. Feels good to have a core position but, like many, I’d love to add at lower prices.
@GrantCardone I agree with the sentiment; unfortunately for many the desire for cash to pay bills is rooted in a lack of resources. The desire for cash for bills is understandable; that said, some portion of incoming cash should always be earmarked for long term investment. Sacrifice necessary
Looks like we are flirting with the May high trying to find direction. Continuation higher over the next few weeks likely indicates the dawn of a bull market. Lower levels and we might move towards the final bottom
@BobLoukas A nontrivial percentage of accounts seem to regurgitate the same formulaic AI response. “Here’s the path 84k…77k…60k…2 million.” Same emojis, same structure. Really diminishes the platform.
@Rajatsoni Meh I don’t find posts like this constructive at all-many people make mistakes. Try to learn from them and continually get better. Disregard random people you don’t know calling you an “idiot.” I’m sure Rajat made mistakes as well. I wouldn’t characterize him as an “idiot.”
I think a lot of people don’t understand just how shocking bitcoin can be to the upside and the downside. 57k isn’t pain, 35k is pain. 200k isn’t euphoria, 400k is euphoria.
I think the weekly Bitcoin close will lay the groundwork for what Q4 will look like.
If Bitcoin accepts above the May high, that will improve the bull case substantially.
Acceptance back below would just look like a massive fakeout before typical Q4 weakness (but not necessarily to a new low).
You don't have to predict what happens, I think reacting is better in this case.
Close August above 10 month MA✔️
Break May high ✔️
Close the week above….
Multiple weeks above….
Up to BTC to prove it here and now. In a few weeks we will know.
@bariksis Bitcoin can never, has never, and will never crash 35%. *checks any price chart of any relevant time frame, proceeds to take glasses off and rubs temples in a vain attempt to self-soothe*