Bitcoin to skyrocket in 2024
- Thread starter stinkynuts
- Start date
Now that Trump and his friends and family have profited from the massive dump, they’re going to pump the market again. He just announced that everything will be fine between the US and China, of course.
This level of manipulation is so brazen, he’s not even trying to hide it. Disgusting.
The media is calling that new crypto account opened 30 minutes prior to the announcement and short profits taken out hours later is merely a coincidence. I cry BS !
It amazes me that anyone would buy something with no fundamental value other than "the greater fool theory". Only the authorized participant/market makers are assured of making billions of profits off the fools who buy and trade Bitcoin. Or, our King with silly coins equally worthless
same applies to other asset classes, commodities and souvenirs (fine Art, Aaron judges historical homerun ball etc )
silver, despite having a use case, was in a multi yr bear market and only recently broke ATH (but not adjusted for inflation )...gold holders also had to suffer a long time as well
at least with BTC you never had to wait that long ...at least not yet
crypto will also go through a multi year bear as it has become a mainstream commodity/asset class
The craziest bet in Bitcoin right now
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Bitcoin and alts crashing hard, Bitcoin below the critical 100k mark. This doesn't look good. Cycle could be over. Whatever the case, retail is never coming back after this fucked up cycle. Retail was by and far absent this cycle, and the blatant manipulation has left those few left utterly disgusted.
nope ...BTC has one last leg. up. , same with eth
cycle ends likely like 2017 ..ie by mid January
Sentiment at an all time low. Bitcoin cycle says it's all over, as well as technicals.
Global liquidity has peaked, but even if there is another spike, it usually doesn't affect Bitcoin once the cycle is over.
Nearly everyone says that the cycle is most likely over, and I have to agree.
Without a doubt, the worst bull run ever, especially given all the hype.
Global liquidity has peaked, but even if there is another spike, it usually doesn't affect Bitcoin once the cycle is over.
Nearly everyone says that the cycle is most likely over, and I have to agree.
Without a doubt, the worst bull run ever, especially given all the hype.
Bitcoin Cycles Comparison
Comparing the performance of Bitcoin across different halving cycles
www.bitcoincyclescomparison.com
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there are a few ways to look at thisSentiment at an all time low. Bitcoin cycle says it's all over, as well as technicals.
Global liquidity has peaked, but even if there is another spike, it usually doesn't affect Bitcoin once the cycle is over.
Nearly everyone says that the cycle is most likely over, and I have to agree.
Without a doubt, the worst bull run ever, especially given all the hype.
Bitcoin Cycles Comparison
Comparing the performance of Bitcoin across different halving cycleswww.bitcoincyclescomparison.com
1) bullish retest, onto wave 5 (first attachment )
2) BTCs top is in, but relief rally to form a h&s (lower high) , which will coincide with ethereums last rally (happened in 2017 and 2021 after BTC topped and then made a lower high, third attachment )
3) worst case scenario is BTC has a relief rally and alts and eth don't do much except ride BTCs wave
9/12 last death crosses lead to a rally
fundamentally, I don't see the Trump administration letting markets to tank towards the end of the year , which i think why he's really pushing to end the Russian Ukraine war and finalize a trade deal with china (think they want both before Thanksgiving)
Attachments
Let's hope so, but this cycle is nothing like previous ones. So no one knows what will happen.
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The Trump family has been making hundreds of millions. But then Trump pardoned the dude who ran a fraud platform. Right now, many have less than zero confidence in the whole bitcoin legal ponzi...Sentiment at an all time low. Bitcoin cycle says it's all over, as well as technicals.
Global liquidity has peaked, but even if there is another spike, it usually doesn't affect Bitcoin once the cycle is over.
Nearly everyone says that the cycle is most likely over, and I have to agree.
Without a doubt, the worst bull run ever, especially given all the hype.
Bitcoin Cycles Comparison
Comparing the performance of Bitcoin across different halving cycleswww.bitcoincyclescomparison.com
No different than Nancy Pelosi who made hundreds of millions dollars too!!! All ( left or right) politicians are crooks and corrupt!!! A use car Salesman have a slightly better character then a politicians!!!
She gained 200 millions out of the last 30 years. Trump and his family made more via crypto fraud in the last 6 months.
Pelosi was an amateur compared to current administration fraud.
is it really though ? very similar to 2017
new ATH before halving but that's about it
it's harder to move a 2 trillion dollar market cap without any fundamentals like sales or revenue growth
