One last run would be the Santa Claus rally, top off at February like it did in 2021 then I think there will be big drama around March. I’m betting it will something to do with Russia.
Bitcoin to skyrocket in 2024
- Thread starter stinkynuts
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PUMPTOBER is coming. If you cannot handle this dip you do mot deserve the megapump
If I didn't know anything about previous crypto cycles, just eyeing the charts of the big 3 ( BTC, ETH & SOL) , it does look like we've peaked and started a new Bear cycle. Most tech analysts were calling for Sept/Oct to be the end but I'm hoping for the minority of the calls for 1st or 2nd quarter of 2026. If BTC doesn't hit $ 125k, ETH $5k and or SOL $ 300, I would say this BTC cycle has peaked mid August. Just my 2 cents.
cycle isn't over, guaranteed
just look at ETH ....going thru a wave 4 correction (image attached)
this cycle is playing like 2017, just wait a month or so and you'll have your alt season
BTC typically rallies in August, then corrects in September... it hits 20-week Sma and if it wants to scare people, it'll drop to its 50-week average to wick below 100k
BNB made a new ATH, Solana will follow , esp if the SEC allows for Solana staking (decision in two weeks). ....this is essentially late phase 2 of the cycle where ETH outperforms and big caps start going up (image attached)
just look at ETH ....going thru a wave 4 correction (image attached)
this cycle is playing like 2017, just wait a month or so and you'll have your alt season
BTC typically rallies in August, then corrects in September... it hits 20-week Sma and if it wants to scare people, it'll drop to its 50-week average to wick below 100k
BNB made a new ATH, Solana will follow , esp if the SEC allows for Solana staking (decision in two weeks). ....this is essentially late phase 2 of the cycle where ETH outperforms and big caps start going up (image attached)
Attachments
I think the most imminent drama is gonna be Iran TBH. They will build a bomb, an this point they have not been given a choice.
Russia seems to be cornered as well, they most likely will drop nukes eventually.
Reason Trump changed his mind on war in Ukraine as Putin ally threatens to drop nuclear bombs on two major cities
Vladimir Putin’s ally threatened to drop two nuclear bombs to warn the world that Russia is serious
likely one more correction to around 107k to trap the bears and wipe out late leveraged longs
thanks for playing
There's a good chance this cycle is over.
The last two cycles peaked at this exact time, measuring from the bottom of the cycle.
Ethereum set a new high, and bitcoin reached a new high of 126,000. This is exactly what would have been predicted according to diminshing returns.
Not saying it's over, but the huge surge in global liquidity, which propeled the everything bubble (gold, crypto, stocks, etc) has run its course. It was a great run, but unless global liquitity continues to skyrocket to propel the next leg up, it's likely over.
Trump will most likely start cutting rates and cutting stimulus checks, providing more fuel to this bull run. That’s the best case scenario.
The last two cycles peaked at this exact time, measuring from the bottom of the cycle.
Ethereum set a new high, and bitcoin reached a new high of 126,000. This is exactly what would have been predicted according to diminshing returns.
Not saying it's over, but the huge surge in global liquidity, which propeled the everything bubble (gold, crypto, stocks, etc) has run its course. It was a great run, but unless global liquitity continues to skyrocket to propel the next leg up, it's likely over.
Trump will most likely start cutting rates and cutting stimulus checks, providing more fuel to this bull run. That’s the best case scenario.
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it's not over ...yesterday's correction made eth pretty much finish its wave 4 correction
and history has repeated itself before eth makes a new ATH...it corrects 30 percent then goes to its 20 week SMA
all 3 checked so now it can make new ATH (wave 5) and then you will have your alt season
if you think about it, exchanges were never going to allow alt season with all the leverage on alts
and, on the conspiracy theory side , you have a bunch of crypto ETFs that are likely gonna get approved , so maybe this attack was by Wall Street get good entries on alts
playing like 2017 ....suspect few more weeks of grind then we start going up ...patience
narrative follows price ...so, maybe it could be in November as those ETFs get approved plus potential rate cut ..then later a deal with china, etc etc
I'll admit i didn't think it would happened in that manner...that was unprecedented
leverage ...anybody who didn't panic sell on their alts are still alive , but some got really hit ofc
I was on reddit, and lots of people lost everything. Life savings, gone.
I got out six months ago, but still that one year of holding crypto was hard.
At least one suicide, but I'm sure there will be more, and countless lives ruined.
it really is unfortunate... that's why i never used leverage in crypto...too fishy
There is zero regulation in crypto, and it is being manipulated like crazy, especially under this corrupt administration.
If the cycle isn't over, this is the best time to buy.
I think I will buy $15,000 in Cardano.
Most likely Trump will cut some deal with China, the Fed will cut, and stimulus checks will be announced. This, combined with the fourth quarter being the strongest quarter, etc., I think Cardano could easily be back above $1, for a 60% gain.
This would pay for my upcoming trip to Thailand.
I think I will buy $15,000 in Cardano.
Most likely Trump will cut some deal with China, the Fed will cut, and stimulus checks will be announced. This, combined with the fourth quarter being the strongest quarter, etc., I think Cardano could easily be back above $1, for a 60% gain.
This would pay for my upcoming trip to Thailand.
No way Trump can put 100% tariff on China. Apparently China got tired of all the threats and slapped some massive export bans on key materials, batteries and raised port fees for US owned ships. Gave this arrogant admin a good ol Shanghai surprise.If the cycle isn't over, this is the best time to buy.
I think I will buy $15,000 in Cardano.
Most likely Trump will cut some deal with China, the Fed will cut, and stimulus checks will be announced. This, combined with the fourth quarter being the strongest quarter, etc., I think Cardano could easily be back above $1, for a 60% gain.
This would pay for my upcoming trip to Thailand.
