BTC looks like shit

[LongDukDong]

I have it as big support at 40k but may wick down to 38k. Then back to all time highs. Should happen relatively soon. Bitty shitting the bed as we speak

 

[LongDukDong]

@sonics1993 how low we going, 38k?

A few weeks ago he said $25k, and then the other day he said $35k

25k is later this year, 35k is short term

By later this year, are you alluding to Q3 or Q4 for the dip to 25k? I still think we pump in Q1 and Q2 to all time highs.

 

[greenblood]

@sonics1993 how low we going, 38k?

I'm targeting 33-35k

I agree. After 40k, the next support may even be slightly under 33k to as low as 31k

 

[PurpleThrobber]

the throbber is going all in on tulips this year.

 

[LongDukDong]

Just bounced hard off 39.5 however staying strong and not buying anything just yet. Will wait to dca around 35-37

 

[HFNY]

Meanwhile, precious metal miners are either treading water or slightly up. And they pay a dividend.

 

[BleachedAnusDawg]

https://www.coindesk.com/markets/20...-goldman-foresees-4-fed-rate-hikes-this-year/

 

[greenblood]

About damn time. Should have been increasing interest rates 7 years ago

 

[LongDukDong]

Everybody bearish in Bitcoin talking about death crosses and massive slide to 25k. The script is that we just saw the bottom at 39k and it short squeezes up. Bitcoin does oposite of sentiment

 

[DerekJohnson]

Everybody bearish in Bitcoin talking about death crosses and massive slide to 25k. The script is that we just saw the bottom at 39k and it short squeezes up. Bitcoin does oposite of sentiment

I think it will correlate to the tipping point when people lose faith in the fiat system and aggressively look for a safer harbor.

 

[greenblood]

Everybody bearish in Bitcoin talking about death crosses and massive slide to 25k. The script is that we just saw the bottom at 39k and it short squeezes up. Bitcoin does oposite of sentiment

I think it will correlate to the tipping point when people lose faith in the fiat system and aggressively look for a safer harbor.

Unless people are forced to liquidate their Bitcoin to survive because of inflation and all.

 

[jecornel]

It’s amazing how Bitcoin gets shit on at 42k a coin. Lol. FORTY TWO THOUSAND PER COIN.

ah, it’s trash, Ponzi scheme, useless. All the while countries are buying it.

All the while firms are dumping 100’s of millions into ethereum.

 

[sonics1993]

@sonics1993 how low we going, 38k?

I'm targeting 33-35k

Come to daddy

 

[sonics1993]

Removing my bids, this shit is going lower. You guys killed my precious BTC.

 

[LongDukDong]

30k to complete the head and shoulders

 

[CuntWaffle]

 

[greenblood]

Inflation finally caught up. I think we are going to see a multi year low in BTC. $20k I think will be the big fight. If that cracks, look the fuck out. I’m almost done paying off all debt outside of my mortgage. I advise you all to do the same. This is going to get ugly