I was under the impression that in "price discovery" zone, retracements of 10 to 20% are the norm ? If you ever watch a minute or up to a hour chart with M/A's overlapped on it, I think most tech traders watch the 50/200, as soon as BTC crosses one M/A from the top, you can notice tons of tech/leverage traders declare a major SELL signal. If BTC crosses the 2nd M/A line , a bigger SELL signal happens and that's when you see the $5k flash crashes. In a bull, the sharp traders try to guess the flex point and dip buy us to back even on the day.
Bitcoin to skyrocket in 2024
- Thread starter stinkynuts
- Start date
Seriously, after this bull run, how the hell can we invest anywhere anymore? After seeing 10% gains per day for multiple days and weeks, we’re going yo be lucky to see 8-10% per year.
Reminds me of how sex workers can’t return to working regular jobs, making 20 dollars an hour after earning 20 times that with much less effort.
Reminds me of how sex workers can’t return to working regular jobs, making 20 dollars an hour after earning 20 times that with much less effort.
BTC dominance over 61% and all of my ALTS/ETH are getting crushed ! UGH !
Oh well, it's just rotation, BTC.D dominance will eventually drop and ETH/ALTS will have their season to flourish, then we all get out and meet at the Lambo dealership ! 
So it went from Tesla to Lambo already?!Oh well, it's just rotation, BTC.D dominance will eventually drop and ETH/ALTS will have their season to flourish, then we all get out and meet at the Lambo dealership !
Wasn't thinking, different price category ?So it went from Tesla to Lambo already?!
(Do you believe those YouTube promoters made a couple hundred million in crypto and moved to Dubai ( like MMCrypto & The Moon ) are they just selling YouTube clicks and yanking my chain ?
Most likely scenario is that Bitcoin will have one more leg up well above 100k, liquidating the shorts. Then a major correction in the 90s, and then a bounce back higher to 120-30. This is usually the pattern at this stage, though exact timing is hard to predict.
At 8:00pm I'm glancing my Trading View watchlist and most of it's lighting up like a green Christmas tree, and on the next candle at 9:00pm it goes red and the Bears try to start a flash crash , BTC red wicks down and my whole watchlist is off 3 to5% , no shit. 10pm new candle it goes long green like my schlong and here we stand at $ 97,600. Just need ETH/ALTS to play catch up !
Last edited:
I
Once btc finishes this leg and consolidates, bitcoin money will start making its way to alts, doge especially!
Bought a few bucks of : DOGE, ADA and BONK. Reading a lot of comments and recs from legit crypto followers that SUI is their next pick SOL. Gotta have a small bag of SUI, I guess. . . .
Last edited:
