110,000 is next iirc

https://x.com/cointelegraph/status/1856261426052042964?s=46

https://x.com/cointelegraph/status/1856147401230164156?s=46

Those conversations 

Wow so sorry for your loss but why sell Bitcoin in loss?
Was it future?
Because I don't really see any reason selling a coin especially Bitcoin while on spot.
I bought yesterday around $67K Now it's $61K, added around $62K.
As long as its spot you shouldn't sell in loss
Well can't blame you
Guess that's why it's adviced to invest money you can loss or your heart can take. If the money is not for emergency you can buy bitcoin with Now with some of the money or an altcoin that has performed well this year like solana.
Not an advice, just me ranting.
 
Like I don't know how's related.Seems like Covid once again.
With a fall like this we can definitely see a new ATH once it starts rising.

Thanks for your honesty, but...wif...wtf, man, especially with BIG money?
Spend a couple of bucks or a $20, just for giggles, nothing more.

I am selling nothing rn and not planning to.

Imagine being that much of a paper-handed, sissy bitch that you start selling your Bitcoin because Iran sends drones to Israel 

Never going to be me.

who is bombing who.








and I did get some 62.5k corn.  may not be too important.

Yes, but you can take my opinion with a dose of salt as I've been sceptical about this rally since $48K  

According to Pi Cycle Top, as discussed elsewhere, $70K is either the mid-cycle top (like in 2019, 2016 and 2012), prior to a correction and consolidation, or this is the late-stage top, ie start of full blown bull market, like in 2020, 2017 and 2013. Based on time, I see this as a mid-stage not a late-stage top, especially given this indicator has "factored in" a new ATH being at this mid-stage top, and has previously been the most accurate at identifying these types of tops. This would otherwise be the first time there has been no "mid-stage correction" in Bitcoin's history, so while possible, the argument is that "this time it's different" - which is a fair argument given the introduction of ETFs and new ATH already. But only time will tell whether this is actually true or not, with the recent break of ATH not being enough to justify that speculative opinion as of yet.

More than anything I think ETFs are following the price, not leading it. There has been net inflows on the way up and net outflows on the way down generally speaking, even if they are helping to drive the price in both directions. All it will take is for GBTC to offload the rest of their coins, which may only take a couple of months from here, but until then and seeing net outflows, there remains selling pressure.

Based on price alone, either $69K breaks to the upside and price rallies further, or otherwise $60K breaks to the downside, leaving a pretty sizeable volume gap down to $52K at best, but more realistically $42K to $44K (which would still be a macro higher low). Also within a couple of months the 50 Week MA will be around these prices too, so bullish continuation could start from there quite easily. Based on 200 WMA projection, it should be around $37K by August (that was also a consolidation level) and would be a full -50% haircut, which is about as low as I see price going for now, if the correction lasted 4 months.

I'm otherwise overlooking the shorter-term TA on 4hr, as while price is currently confirming resistance around $68K (bearish trending 50 MA and ichimoku cloud at volume point of control), this could all still be broken with ease after another re-test of the 200 MA that previously supported the price perfectly (as expected in strong uptrends) and is currently around $62K. Too early to tell comes to mind here.