Quote from: JimboToronto on Today at 02:25:19 AM

As I said, predictable.

Soaring to new highs in the next year or so is just as predictable.

To be frank, I don`t want to bother about the dip because I see it distracting to me in accumulating more bitcoin, I was made to realised waiting for the dip dumb especially when i haven`t gotten anywhere in my bitcoin holdings, I will just buy now and anytime because I know one thing that is predictable in bitcoin is that, bitcoin will continue to raise with time

Quote from: Gachapin on Today at 12:50:08 AM

Quote from: Torque on May 01, 2024, 08:04:19 PM

Over the last decade, this market has become all too predictable.

The whales now are gunning for sub 50K, and they will eventually crash it down below that.

Why sub 50K?

Because if you look at the chart, that's where they started seriously pumping the market with heavy leverage on 2/25.

They always short it back down to where they started. Dumping into their own (fake) buy walls.

It's all an effort to get weak hands to shit their pants and sell, and to knock stupid guppy day tarders out of their long positions.

Easy problem to solve tho, just HODL.

that would match the chart pattern of May-July 2016. Back then, we shortly went under the 21 weekly EMA which would correspond to 47k this time. Sure, we hadn't reached an ATH at that time, but we also hadn't had such a ridiculous inflation.

Will their plan works this time, lets be frank people are becoming more knowledgeable about the truth, many bitcoiners have now overcome FUD especially after all the news we heard about bitcoin price in late 2022 which totally crap looking at the price movement since then till now. The truth is people can not just be a fool for ever .