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Bitcoin to skyrocket in 2024

stinkynuts

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BTC will rally in a week or two ..enjoy
I agree. Bitcoin has consolidated for two months, much longer than usual. It's gone through the requisite corrections to shake out the leveraged positions, which will allow Bitcoin to rally to the 120k mark. February has consistently been a strong month, a 20% gain is pretty much in the cards.

CPI will be releasted Feb 12, and it should be fine, sending markets and Bitcoin higher. The rally could continue into March, until the next correction. After that, anything can happen, as there is no consistent pattern from previous cycles.

Most likely I will average out in mid February and be out completely sometime in late February or early March.
 
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stinkynuts

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Bitcoin will recover gradually and make an all time high in the upcoming weeks.

However, clearly Trump’s erratic policies will wreak havoc with the economy, stocks and crypto. Tariffs on the EU are coming soon, according to Trump.

Expect a resurgence in inflation, more stock market crashes and likely recession in the upcoming years. Being that the stock market is grossly overvalued and the AI bubble is beginning to pop, one should adjust accordingly.
 
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LiveInTorontoPartyInMontreal

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Many chartists and technicians said ETH has topped in this cycle. At one point I saw -27% and it was FUGLY. Myself, I don't think we can get back to $ 4,880 ATH , maybe in the next cycle ?
 

stinkynuts

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Many chartists and technicians said ETH has topped in this cycle. At one point I saw -27% and it was FUGLY. Myself, I don't think we can get back to $ 4,880 ATH , maybe in the next cycle ?
My personal opinion is that ETH is done, and many people agree. It’s downfall is the insanely high gas fees. With so many alternatives that have no fees and are faster, ETH seems to be dying. But perhaps it can stage a comeback.
 

sprite09

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My personal opinion is that ETH is done, and many people agree. It’s downfall is the insanely high gas fees. With so many alternatives that have no fees and are faster, ETH seems to be dying. But perhaps it can stage a comeback.
it's not done ..it has bottomed

bullish engulfing candle on the daily when it comes to ETH / BTC (not eth /usd )

what happened Sunday was a targeted liquidation event aimed at ETH so that big boys could buy lower....ofc ETH isn't gonna blast off immediately; they're not going to make it that obvious
 

LiveInTorontoPartyInMontreal

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it's not done ..it has bottomed

bullish engulfing candle on the daily when it comes to ETH / BTC (not eth /usd )

what happened Sunday was a targeted liquidation event aimed at ETH so that big boys could buy lower....ofc ETH isn't gonna blast off immediately; they're not going to make it that obvious
Between the 2 Black Swan events , Terra Luna collapse and FTX collapse , ETH bottomed out around 1,050 mid June 2022, it's hardly budged since then . I bet you a medium Tim's coffee that it doesn't reach $ 5,000 by this Christmas ? :unsure: :D Mid 2024 I truly believed that ETH/ALTS would have had a stronger % run than BTC so I switched out of BTC into ETH and ALTS. During the 2 Black Swan events many ALTS crashed like 80 -90% and some of them have only retraced like 5% and people are call the end to this cycle around fall of 2025. Must be some heavy duty rally coming ? I'm hoping and praying since I'm ETH , ALTS biased.
 

sprite09

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Between the 2 Black Swan events , Terra Luna collapse and FTX collapse , ETH bottomed out around 1,050 mid June 2022, it's hardly budged since then . I bet you a medium Tim's coffee that it doesn't reach $ 5,000 by this Christmas ? :unsure: :D Mid 2024 I truly believed that ETH/ALTS would have had a stronger % run than BTC so I switched out of BTC into ETH and ALTS. During the 2 Black Swan events many ALTS crashed like 80 -90% and some of them have only retraced like 5% and people are call the end to this cycle around fall of 2025. Must be some heavy duty rally coming ? I'm hoping and praying since I'm ETH , ALTS biased.
it went to 4k ...300 percent...BTC did 600 percent ...eth lags like it always does until the final year

people were calling for alt season way too early , then it truly would have been a left-translated cycle

so far the timing is fitting the 4-yr cycle ...i think eth will break the ATH in late q1 of early q2....correct , consolidate in q3 (typically bearish time for stocks and crypto, esp September), then a blow off top in q4, coinciding with monetary easing.
 

stinkynuts

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Feb 12: CPI. Should be good, markets will likely rally

Feb 18: FTX to begin repayments. Most of that money will probably be put back into bitcoin and crypto. Should send bitcoin higher
 

stinkynuts

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This guy was one of many who said eth was dead. He just flipped, saying something is going on behind the scenes and ETH could rally.

 

LiveInTorontoPartyInMontreal

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I read there were tons of BTC 99k and 100k option calls out there today, and there is no way the Bears would let BTC near that mark come expiry time ( 3pm EST). This morning I saw 100k and I thought I was seeing things. UGH ! Rinse and repeat !
 
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LiveInTorontoPartyInMontreal

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Feb 23, 2008
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I read there were tons of BTC 99k and 100k option calls out there today, and there is no way the Bears would let BTC near that mark come expiry time ( 3pm EST). This morning I saw 100k and I thought I was seeing things. UGH ! Rinse and repeat !
Most on this thread think ETH is rebounding, but my charts look like the bottom could fall out any minute this weekend ! :unsure: 🙏
 
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sprite09

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Most on this thread think ETH is rebounding, but my charts look like the bottom could fall out any minute this weekend ! :unsure: 🙏
nah, alts and eth will rally

just look at the RSI for weak alts (eg cake, NOT, optimism, etc ) .. extremely oversold and and now going to the upside

still going. by nice rally (q1 and q2), correction, consolidation in q3, then blow off top in q4
 

sprite09

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nah, alts and eth will rally

just look at the RSI for weak alts (eg cake, NOT, optimism, etc ) .. extremely oversold and and now going to the upside

still going. by nice rally (q1 and q2), correction, consolidation in q3, then blow off top in q4

already rallying
 
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