Monitoring the Crypto Bubble

Discussion in 'Digital Currencies' started by Bullion Baron, Dec 12, 2017.

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Where do you think we are in the crypto bubble?

  1. Very early (years left to run)

    21.1%
  2. Around the middle (could still run for months or a year)

    38.0%
  3. Very late (could end within days/weeks)

    23.9%
  4. It's not a bubble

    16.9%
  1. mmm....shiney!

    mmm....shiney! Administrator Staff Member Silver Stacker

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    The indicators outlined above which suggests it's not topped.

    Large speculators have been adding to their position.

    Can you post data that shows the real order flow? And can you please define that for me as I don't understand it?
     
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  2. IPDA

    IPDA Member

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    Sure! I’ll post some things maybe tomorrow, out shopping with the girlfriend :(:confused:
     
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  3. mmm....shiney!

    mmm....shiney! Administrator Staff Member Silver Stacker

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  4. mmm....shiney!

    mmm....shiney! Administrator Staff Member Silver Stacker

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    Some trivia. There are around 1.3B BTC addresses, just under 54 million of those have non-zero balances and of those only 1 million have more than 1BTC stored, or about 1.85% of wallets with non-zero balances.
     
  5. 66rounds

    66rounds Well-Known Member Silver Stacker

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    I think the biggest mistake most people make is conflating all cryptos together. Each one should be assessed case by case. and when this is done, most beside Bitcoin just don’t stack up.
     
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  6. markcoinoz

    markcoinoz Well-Known Member Silver Stacker

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    Bob Loukas mentioned he is hoping to put out a new video next week.

    So we are already just past the half way mark of the cycle heading up.
    That still leaves us at least 12 - 16 mths before it Tops out.

    Bob Loukas posted this on "X".

    @BobLoukas
    The #bitcoin[​IMG] 4 Year Cycle is on Month 19. Prior Cycles topped out at 35 months, so past the midpoint of rising portion. Really can’t express enough just how bullish this setup is here, with reaccumulation occurring, building foundation from where the next major expansion begins.


    10:44 PM · Jun 4, 2024
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  7. mmm....shiney!

    mmm....shiney! Administrator Staff Member Silver Stacker

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    7 weeks on from initially posting this chart and the price is poking nicely along a possible price scenario in pale blue which is just the current bull run beginning in Dec 2022 copied and pasted onto the end of the price chart at the time (April 17 2023).

    BTCUSD_2024-06-05_12-48-11.png

    Edit to add: with the 12 - 16 month duration until it tops out as @markcoinoz posted above fitting nicely in to that chart.
     
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  8. markcoinoz

    markcoinoz Well-Known Member Silver Stacker

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    The bottom low which was 1st Nov 22 was the start of the New 4 Year Cycle.
    That is where Bob got his 19 Months into the cycle from.

    The real fun starts very soon.

    Below is a Monthly Chart

    upload_2024-6-5_13-11-30.png
     
    Last edited by a moderator: Jun 5, 2024
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  9. mmm....shiney!

    mmm....shiney! Administrator Staff Member Silver Stacker

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  10. mmm....shiney!

    mmm....shiney! Administrator Staff Member Silver Stacker

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    Companies outside of the crypto/tech sphere are purchasing BTC for their treasuries:

    https://www.tradingview.com/news/co...itcoin-and-is-raising-money-to-purchase-more/
     
  11. dozerz

    dozerz Well-Known Member Silver Stacker

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  12. IPDA

    IPDA Member

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    Time stamped baby, called it.
     
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  13. IPDA

    IPDA Member

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    All crypto bros need to pay attention to Sunday price, this is arguably the most important day of the week for Bitcoin. Saturday, Sunday, and Monday can tell you A LOT about future direction...
     
  14. IPDA

    IPDA Member

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    Price should be reaching for $69756.0 imo.
     
  15. IPDA

    IPDA Member

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    Silver looks a little too low for me, I'd like to see it come back to around $30 before heading back lower.
     

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