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Bitcoin to skyrocket in 2024

sprite09

Well-known member
Aug 10, 2020
1,276
615
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sp500 rsi daily near oversold ..usually bottoms around there

think a bit more downside until Fed / opex (March 19 and 21) ...maybe to 5400

will admit if Fed stands pat we could he in trouble

bulls must defend 5100
 
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Gators

Well-known member
Apr 9, 2023
412
383
63
sp500 rsi daily near oversold ..usually bottoms around there

think a bit more downside until Fed / opex (March 19 and 21) ...maybe to 5400

will admit if Fed stands pat we could he in trouble

bulls must defend 5100
I think Trump is trying FED to cut interest rate.He has been mad at FED.
 
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stinkynuts

Super
Jan 4, 2005
8,261
2,654
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Whatever the reason may be, the biggest mistake is to panic sell.

This will pass as it has every single time. These are deliberate crashes designed to make you sell out of fear.

if anything , it may be a good time to buy.

M2 money supply should kick in in less than two weeks. After that, we have months of upwards movement.

Cpi Wednesday could be the catalyst for the turnaround. Trump will eventually work out a deal on tariffs, then take credit for the recovery.

In the end, Trump has a vested interest to make sure the economy and markets are strong, for himself, his family, and donors. In the end it will all work out. Stay strong, guys.
 
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LiveInTorontoPartyInMontreal

Well-known member
Feb 23, 2008
2,584
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BTC now at 79K!! On Jan 20/25, BTC was at 106K!! In other words a 25.5% loss in price, since Jan 20/25!!

If the crash goes 40 - 50% I say this cycle is prematurely over and we're into a new Bear cycle. I'm long and hope I'm wrong ( hey it rhymes :D ) !
Normal bear markets retrace 75 - 95% from ATH, I think last cycle BTC / ETH were about 78% retracement, if my math is right . . .
 

stinkynuts

Super
Jan 4, 2005
8,261
2,654
113
If the crash goes 40 - 50% I say this cycle is prematurely over and we're into a new Bear cycle. I'm long and hope I'm wrong ( hey it rhymes :D ) !
Normal bear markets retrace 75 - 95% from ATH, I think last cycle BTC / ETH were about 78% retracement, if my math is right . . .
Whether Trump prematurely broke the cycle remains to be seen. Hopefully not.
 
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