Dream Spa

Bitcoin to skyrocket in 2024

Previous Thread Next Thread
L

LiveInTorontoPartyInMontreal

Well-known member
Feb 23, 2008
2,590
988
113
I'm very surprised there hasn't been much dip buying ( maybe $ 300 ), that usually leads to another dump down. Although I'm in the bull camp, I'm going to call the dust settling around $ 55,375 to $ 57,590 area. Previous ATH cycles had 4 to 6 crashes during the duration and all have been 20 to 25% dumps before moving back up. Black knights are going to call this BTC market T/A too small of a sample, but I think it's pretty predictable, so far. Some friends texted me at dinner ( 7:45pm) to ask me BTC opinions last night and I jinxed this market, I called for it ! I was off a few dollars though. LOL ! I'm just lucky at deciphering crypto charts, my background is actually stocks/bonds. Sorry guys, I jinxed BTC last night ! 😲 :cry:

* After I hit enter , the market started to dip buy ! LOL !
 

Attachments

Last edited:
  • Wow
Reactions: stinkynuts
S

stinkynuts

Super
Jan 4, 2005
8,350
2,727
113
Come on Powell,
LiveInTorontoPartyInMontreal said:
I'm very surprised there hasn't been much dip buying ( maybe $ 300 ), that usually leads to another dump down. Although I'm in the bull camp, I'm going to call the dust settling around $ 55,375 to $ 57,590 area. Previous ATH cycles had 4 to 6 crashes during the duration and all have been 20 to 25% dumps before moving back up. Black knights are going to call this BTC market T/A too small of a sample, but I think it's pretty predictable, so far. Some friends texted me at dinner ( 7:45pm) to ask me BTC opinions last night and I jinxed this market, I called for it ! I was off a few dollars though. LOL ! I'm just lucky at deciphering crypto charts, my background is actually stocks/bonds. Sorry guys, I jinxed BTC last night ! 😲 :cry:

* After I hit enter , the market started to dip buy ! LOL !
Click to expand...
Very surprising that the institutions and retail are not buyin up the dip. Looks like it's finally happening, slowly.
 
J

JohnnyWishbone

Well-known member
May 7, 2019
668
668
93
I was 50% down not so long ago and just broke even a couple of weeks ago. I sold 30% of my small holdings for a tiny 20% profit, still have 70% of it left. I have no clue about this stuff...just a wild punt for me
 
  • Like
Reactions: stinkynuts
L

LiveInTorontoPartyInMontreal

Well-known member
Feb 23, 2008
2,590
988
113
50% ? I got you beat, I think I was at the 80 to 85% mark, so it would be a sigh of relief to break even. But, I'm holding for the moon ! Wish me luck !
They say financial markets cycles retrace 80 to 90% before a new bull market starts, but with all this new global adoption, spot ETF's , big institutions, Asia probably and retail FOMO, maybe markets will find support earlier than 90% retracement ? I don't think I want to play small rallies in this upcoming bear market, I always end up getting whipsawed around by the bear. . . 😲
 
S

stinkynuts

Super
Jan 4, 2005
8,350
2,727
113
JohnnyWishbone said:
I was 50% down not so long ago and just broke even a couple of weeks ago. I sold 30% of my small holdings for a tiny 20% profit, still have 70% of it left. I have no clue about this stuff...just a wild punt for me
Click to expand...
You're gonna do fine, just hold. I'd sell most at around $140k, if it ever gets that high.
 
  • Like
Reactions: JohnnyWishbone
S

stinkynuts

Super
Jan 4, 2005
8,350
2,727
113
Well, btc keeps plummetting, now in the 61,000 level and falling. By tomorrow morning it might be in the 50's. Greyscale keeps dumping and taking profit. Their total value of Bitcoin left is the same as before the dumping took place since bitcoin went up so much.
 
L

LiveInTorontoPartyInMontreal

Well-known member
Feb 23, 2008
2,590
988
113
If I wasn't watching all day I wouldn't believe BTC/ETH is lower than the ugly lows of about 7:30am . . . I was doing the math and I called 55k to 57k area and I think that's too generous. The two YouTubers chartists/TA's that I follow, called 48k and I cried BS on them 2 weeks ago. Trading crypto is the same feeling as playing online cards against an ALGO AI trader, his move is always opposite of the masses.
 
S

sprite09

Well-known member
Aug 10, 2020
1,280
620
113
LiveInTorontoPartyInMontreal said:
If I wasn't watching all day I wouldn't believe BTC/ETH is lower than the ugly lows of about 7:30am . . . I was doing the math and I called 55k to 57k area and I think that's too generous. The two YouTubers chartists/TA's that I follow, called 48k and I cried BS on them 2 weeks ago. Trading crypto is the same feeling as playing online cards against an ALGO AI trader, his move is always opposite of the masses.
Click to expand...

would be a 30 percent correction ... definitely reasonable

which channels ? curious who they are
 
L

LiveInTorontoPartyInMontreal

Well-known member
Feb 23, 2008
2,590
988
113
sprite09 said:
would be a 30 percent correction ... definitely reasonable

which channels ? curious who they are
Click to expand...
YouTubers: ( I enjoy watching for market updates and they talk T/A stuff , not just macro stuff

Crypto Capital Venture ( daily updates, I believe he knows his stuff, skip over the ADA specific videos, he loves Cardano for the last 4 years )
Crypto World ( can't stand his accent, not sure if it's real or put on, sometimes repeats the same sentence 2 or 3x within 10 seconds, a bit of a salesmen pushing his links to exchanges)
Satoshi Stacker ( can't get used to his accent, totally transparent with his BTC trades, charts his support/resistance marks pretty bang on , calls trades way in advance)
Tyler S ( down to earth dude, sometimes broadcasts from his garage or on his golf cart and uses too much gel, LOL )
 
S

sprite09

Well-known member
Aug 10, 2020
1,280
620
113
LiveInTorontoPartyInMontreal said:
YouTubers: ( I enjoy watching for market updates and they talk T/A stuff , not just macro stuff

Crypto Capital Venture ( daily updates, I believe he knows his stuff, skip over the ADA specific videos, he loves Cardano for the last 4 years )
Crypto World ( can't stand his accent, not sure if it's real or put on, sometimes repeats the same sentence 2 or 3x within 10 seconds, a bit of a salesmen pushing his links to exchanges)
Satoshi Stacker ( can't get used to his accent, totally transparent with his BTC trades, charts his support/resistance marks pretty bang on , calls trades way in advance)
Tyler S ( down to earth dude, sometimes broadcasts from his garage or on his golf cart and uses too much gel, LOL )
Click to expand...
never heard of them, so many channels

wont bother watching tbh
 
S

stinkynuts

Super
Jan 4, 2005
8,350
2,727
113
I still think today can be a massive day for Bitcoin after the fed meeting. It will be the catalyst for the v shaped recovery.
 
L

LiveInTorontoPartyInMontreal

Well-known member
Feb 23, 2008
2,590
988
113
stinkynuts said:
Into the 60s now
Click to expand...
BTC swing low of $ 60,772 , and ETH $ 3,059 was pretty spooky watching live early this morning . . 😲
If those are not the dip LOWS that we need, it's pretty scary that the crypto manipulators will take the market down for one more huge scary swing low so they
can load their bags with all the main crypto names.
 
S

sprite09

Well-known member
Aug 10, 2020
1,280
620
113
LiveInTorontoPartyInMontreal said:
BTC swing low of $ 60,772 , and ETH $ 3,059 was pretty spooky watching live early this morning . . 😲
If those are not the dip LOWS that we need, it's pretty scary that the crypto manipulators will take the market down for one more huge scary swing low so they
can load their bags with all the main crypto names.
Click to expand...
it's not scary imo.. ...we should be around in the 50s right now ... we just pumped up too fast
 
You must log in or register to reply here.
Previous Thread Next Thread
Toronto Escorts
Top Bottom