The lows prior for both BTC and Au in Oct 2022 coincided with the highs in the dixie.
That's enough to mull over for now.
That's enough to mull over for now.
Crypto Timing
- Thread starter Golden ChipMunk
- Start date
Golden ChipMunk
Well-Known Member
Something is about to happen.
Large scales back?
If The MC is to drop further, Alt or most will be wipes off.
Just a tip. You can hold yours.
Don't panic over my little advice.
Large scales back?
If The MC is to drop further, Alt or most will be wipes off.
Just a tip. You can hold yours.
Don't panic over my little advice.
Based on the daily, BTC has tested the top of its resistance zone at around it's ATH twice since the last bull spike in Nov 2024, conversely it's tested the lower end of support (as it is now) 4 times.
How many times do you think it will test this support level before your prediction of the BTC price to fall actually eventuates? I think 60K was one figure you were throwing around. In other words why is this current price level not a floor in your opinion?
IPDA
Active Member
You need to specify timeframes not just say "the high is in" or "it'll reach a low of $XXXXX". It's why I ignored your comment the first time.
Always good to check in with Peter Schiff when the the sky is falling:
IPDA
Active Member
I don't need to do anything. I said the high was in, and from the looks of things it is. ¯\_(ツ)_/¯
This will be an interesting comment to look back on in 10 years.
IPDA
Active Member
I'll bet you an ounce of silver @mmm....shiney! that MicroStrategy will be below $110 in the first quater of the year. Willing to wager?
just for funsies
If I'm wrong I'll make sure it's actually a cool desirable coin too. I'm a man of my word.
Was wise not to bet against me.
Happy I did not buy into the hype of purchasing MicroStrategy. Almost 20% down this week… and there’ll be more in the following weeks to come.
Never follow the hype train, always remember that 99% of retail traders go broke, so why would you want to be on their side of the trade.
And remind me what hype was it specifically that I was following again?
IPDA
Active Member
You were following the crowd, whether you like to admit that or not is up to you, but it is true. I only say this as the positioning on retail speculators was indicating almost record highs, if not record, which is dangerous as historically this is when the large insititutions are offloading heavily. You want to be purchasing assets like this when the sentiment is really broken, while also when institutional hallmarks of large accumulations are present.
Bitcoin is not the asset you think it is, it is extremely controlled... If it weren't controlled, how did I know when the ATH would form...? That takes quite a bit of skill, and if I showed you my chart on how I did it you'd really change your mind on the asset. Remember, I was calling for this to be the high while Bitcoin seemingly looked bullish, but I knew different.
If you say so.
I'm sorry you're incapable of understanding the concepts involved.
Actually I'm not sorry, it was just an empty gesture.
Comedy gold.
You've really dumbed down the conversation with some of the videos you've posted about crypto and Strategy.
Like I've said previously, your thinking is dictated by your anti-BTC bias, despite your protestations to the contrary.
IPDA
Active Member
I'm not anti-bitcoin, I'm anti-dumbmoney. I don't like being exit liquidity, I don't know about yourself... but for me I'd rather ride the waves that the institutional players make - up or down.
If you were an extreme buyer, whilst all the rest of retail were also extreme buyers, yes you are indeed being apart of the crowd. It's not a nice pill to swallow, but it's the truth.
IPDA
Active Member
Considering my strategy actually worked, and yours didn't, I don't think you should be talking personally. Keep up with the triangles and see where that gets you.
You're anti-BTC.
You post a video about meme coin scams which is supposed to in some way justify your views that BTC is "not what I think it is".
I know you don't get it. You're not alone.
You post a video about meme coin scams which is supposed to in some way justify your views that BTC is "not what I think it is".
I know you don't get it. You're not alone.
IPDA
Active Member
No, that's a misinterpretation on your part. I just posted that video as I thought it was topical and discussed some key points about regulation, that's it. It wasn't meant to be a supporting argument.
And again, I'm anti-dumbmoney, not anti-btc. We've done this rodeo before, for some reason you can't fathom someone being neutral and just participating in both sides of market.
That's what happens when people post content out of context.
Both sides of the market?
There are 2 types of people in this world. Those that HODL BTC and those that don't. There's a reason why some people HODL and there's a reason why some people don't. There's no neutral.
