Quote from: Copetech on Today at 04:56:41 AM

Quote from: JayJuanGee on Today at 04:30:04 AM

[edited out]

I think your natural bullish bias (I can't blame you and completely understand) seems to be clouding your vision of general sentiment. I'm seeing a lot of peeps who were quite Bullish in August '21 now saying "it's crypto winter, buckle up for the long Bear cycle." Granted sentiment is not EVERYTHING, but it certainly a significant factor! I'm afraid we're going to see a bit lower numbers than $32,951... but I am also pretty certain that there are a lot of Dollar$ waiting to jump in at the high $20k to low $30k mark. So I expect we'll see the price retest the $28k support and find an unexpectedly strong level of new money entering in that area. Then if the right Hopium drops at the right time, we could see a sudden bounce to the low $50k's which could be enough to trigger a FOMO surge combined with a short squeeze. If not, we may drift along sideways a bit more and retest down to $24k-$25k arena. At which time I would certainly hope we'd get enough bounce to trigger a 2x daily candle leading into ano5her Bullish scenario.

So I guess if I was forced into the framenings of your specific (possibly misguided) question, my answer would be somewhere between 6&7... but I just think there are many more factors involved than your scenario allows for... Dweeb!

I will give you the benefit of the doubt that you may well have posted before my two above edits... so you are largely fighting the hypothetical in the first paragraph.. and in the meantime calling me names (overly bullish if that could be an insult?... hahahaha)

Your second paragraph at least does go with the question as it is framed.. so fair enough that you may well need in the lower $50ks from here to start to feel that the bottom might be in.

Quote from: philipma1957 on Today at 04:58:21 AM

I would love to see 70k my reason is as follows :

I gave a guarantee that we would do 70 k by may last year.

Some guy with the initials JJG told me I was stubborn to repeat it repeatedly.

So here we are 8 or 9 months later and I am still looking for that guarantee of 70k to not be the worst prediction of all time.

So lets get over that 70k hump. It will mean the end of all the corrections that happened since I predicted that 70k.

You are fighting the whole hypothetical and just proclaiming your wishes to get above $70k...

...so sure we might say that you are not really believing that any bottom can be in until we get above $70k.. which hardly seems to be tied to anything beyond a kind of wish.. .. and I had already mentioned to you that there is hardly any difference between $69k and $70k and that we have already reached $69k.. as you already know.. We might speculate that you are somewhat detached from reality, but I doubt anyone would suggest that you do not realize that $69k has already been reached.. but for some perhaps stubborn reason.. you just believe (want to believe) that there is an actual material and substantial difference between $69k and $70k... hahahahahaha.. whatever, you do you.

Quote from: fr4nkthetank on Today at 05:09:00 AM

9) I view the question differently. I need some DOWN action, maybe around 28k-31k for a very short time period, say 24-36 hours. Then I know the UP motion will be in for good. Assuming the cycle hasn't ended until the next one. Assuming cycles still exist. However the drop to 32-33k was very short and that may have been what I was looking for, therefore the UP is confirmed. So in conclusion, I have no idea.
Also found an interesting quote somewhere : "Proudhon was the master of us all"

You were largely my motivation for my second edit, even though I had made my first edit way before you posted your response.

So, I do believe that you are fighting the hypothetical with down before up.

Second, your point about Proudhon is real nonsense. Proudhon has been screaming about down since way before we even breached $10k.. and he goes back years preaching inevitable down... It's pretty lame for anyone to conclude that the mere fact that the price went down should be credited to Proudhon.. who is always saying the same thing and we already know that the price goes up and down (well mostly up in terms of quantity) but probably spends way more time going down in terms of time.. but it pays off way better to be invested into bitcoin rather than not being invested.. merely because BTC prices go up way more than they go down, and there is a certain amount of empirical evidence that there are a few days of the years (pick any year) that you have had better have been in BTC in order to really get the gains..because it goes up and you will not be able to recover if you are not in.. so if you listened to diptwat proudhon, you would likely be under invested in bitcoin.. which is not a place to be, generally speaking.