Bitcoin to skyrocket in 2024

Robert Mugabe

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Nov 5, 2017
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A
No one knows, but the general consensus, based on past history, and a bullish scenario due to Trump and a more crypto friendly environment is that Bitcoin should peak at anywhere between 120-250 k this year, with 150-200k being the most likely scenario.
That would be good. I think the idea of it disappearing is probably a thing of the past for now. Maybe I should get my feet a little wetter. I gave up on Ethereum. I thought it was going places. But I don't think so now.
 
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stinkynuts

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Another coordinated shake out to flush out the paper hands and leveraged positions. This means we will be passing 100k and beyond soon
 

Robert Mugabe

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Just made 10% today from Friday's purchase 1000 shares of SCMI ! Just lost the same amount of money today on 1000 shares of NVDA

 

LiveInTorontoPartyInMontreal

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BTC next resistance zone is about $ 97,220 , can we blast thru that and close there for at least 1 week ? When we hit highs intraday, that's just Joe Retail FOMO'ng in and the bears/sharks faking us out, like it FOMO's to 99,500 and all of them pull their bids asap right down to 98,500 all coordinated ? Come on, I was born at night but not last night ! LOL !
 
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stinkynuts

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BTC next resistance zone is about $ 97,220 , can we blast thru that and close there for at least 1 week ? When we hit highs intraday, that's just Joe Retail FOMO'ng in and the bears/sharks faking us out, like it FOMO's to 99,500 and all of them pull their bids asap right down to 98,500 all coordinated ? Come on, I was born at night but not last night ! LOL !
Once we clear all the sell orders at 100k, we will enter price discovery phase again, rocketing straight up with few dips.


This is typically the largest candle, and I think most bullish phase of the cycle. After clearing 120-170k, we will see a major correction to sub 100k.
 

stinkynuts

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I have a very strong feeling we will hit 100k tomorrow. The momentum is there. We went through the pullback and recovered in just one day.

Thanksgiving will bring everyone together to discuss bitcoin’s rise and bring retail in to add to the fire.


November 28 is a very important date. That’s when the first halving occurred, as well as the 1000 and 10,000 mark milestone.

 

stinkynuts

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I’m guessing tomorrow we see a major candle, bitcoin to hit 110k, or at least within a few days
 
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stinkynuts

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Microstrategy (MSTR) is going to go on an insane run these next two weeks. I expect it to double in price to $800.

This is looking back at historical data from the last cycle, where it also did the same at this period, along with bitcoin.

Bitcoin is now at the point in the cycle where it makes its most impressive run before slowing down somwhat.


And Bitcoin's gains are magnified by MSTR by a factor of at least two.

In addition, Bitcoin goes through a 60 day cycle, and we are now approaching the peak phase of that 60-day cycle (middle of it): https://whaleportal.com/bitcoin-cycles/

Also, Bitcoin will definitely cross the 100k mark in the next two weeks, and the hype and media frenzy, along with retail fomo will drive Bitcoin and MSTR to rip.

If that wasn't enough, MSTR will be added to the Nasdaq on December 13. Typically, stocks see a bumpbefore and after the announcement.


Michael Saylor will continue to advertise MSTR in the media, and continue to announce new Bitcoin purchases, which will drive up the stock price each time. MSTR is now the most heavily traded stock, beating NVIDIA and Amazon. The frenzy and fomo is real.

The final piece is that MSTR is heavily shorted, and when the price increases, all of these factors will drive up the price, forcing the shorts to buy to to cover, and act like adding fuel to the fire, amplifying the surge in stock price. This exact scenario has played out a few times last cycle and this cycle.

As the stock price increases, the media hype and fomo drives the price up even more, and these feedback loop sends the stock parabolic.

This is the perfect storm, and exactly what I've been waiting for. All in.

If anyone is reading this, and want to join the Bitcoin bull run, this is your chance.
 
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stinkynuts

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Laugh all you want, Rajput . It’s funny how little you know about Bitcoin, yet laugh at all my posts.

I’m trying to help members here by sharing my thoughts and knowledge. If you disagree, say so and back it up with arguments. Any idiot can spend one second to click on the laughing emoji. It means nothing.

What is it that you find so funny? Explain it in front of everyone. I want to hear it.
 
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