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Old 01-23-2024, 03:54 AM   #1
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Is the crypto rally reversing?

Any thoughts?
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Old 01-23-2024, 05:14 AM   #2
jscott
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There are no healthy ups without some occasional downside. When in doubt, zoom out.

BTC yearly lows:

2012 - $4
2013 - $65
2014 - $200
2015 - $185
2016 - $365
2017 - $780
2018 - $3,200
2019 - $3,420
2020 - $4,565
2021 - $28,105
2022 - $15,635
2023 - $16,510
2024 - $38,620 (so far)

Bitcoin will always be fine in the long run because it isn't controlled by centralized orgs/groups, it's a math-based protocol. Can't say the same for the 20,000 altcoins out there that are controlled by humans who have emotion and greed.
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Old 01-23-2024, 05:23 AM   #3
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The dropping is good for now after a small bull run, graphs showing that is healthy and waiting more to drop, so great time for last buys ;)
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Old 01-23-2024, 05:57 AM   #4
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Bitcoin was running up like crazy. Released that Bitcoin ETFs were going to happen. Then Bitcoin started dropping.

Insider trading is so obvious now.
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Old 01-24-2024, 06:47 AM   #5
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to the mooooooooooooon
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Old 01-24-2024, 07:47 AM   #6
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It will never get to 70k again
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Old 02-03-2024, 08:52 PM   #7
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The more I crunch the numbers, the more I am convinced that BTC will finally hit $100K soon... very soon. I'm tempted to say end of 2024 but BTC has shocked me too many times to even guess.

I guess I'll just settle for being PLEASANTLY SURPRISED

Quote:
Originally Posted by jscott View Post
There are no healthy ups without some occasional downside. When in doubt, zoom out.

BTC yearly lows:

2012 - $4
2013 - $65
2014 - $200
2015 - $185
2016 - $365
2017 - $780
2018 - $3,200
2019 - $3,420
2020 - $4,565
2021 - $28,105
2022 - $15,635
2023 - $16,510
2024 - $38,620 (so far)

Bitcoin will always be fine in the long run because it isn't controlled by centralized orgs/groups, it's a math-based protocol. Can't say the same for the 20,000 altcoins out there that are controlled by humans who have emotion and greed.
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Old 02-04-2024, 10:19 PM   #8
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Quote:
Originally Posted by adultinnovation View Post
It will never get to 70k again
Overly bullish on fiat won't end well. Nor will ignoring math & logic.
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Old 02-08-2024, 12:31 AM   #9
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Quote:
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Overly bullish on fiat won't end well. Nor will ignoring math & logic.
Fiat = inflation + war

Ron Paul = free trade, REAL STORE OF VALUE (aka btc or gold), free flow of investments = more GLOBAL prosperity built on REAL (not paper) wealth
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Old 02-08-2024, 10:23 AM   #10
jscott
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Quote:
Originally Posted by $5 submissions View Post
Fiat = inflation + war
Exactly... and don't forget, fiat system also means corrupted, greed-driven, and theft.
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