Bitcoin Price Chart Reaches 2021 Cycle Timing, Altcoin Market Structures, Macro, I’m in 50% Cash
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36 Comments
Thank you BcB for your brutal honesty. I think de-risking is smart. I have. I thought of it this way. Do I have more certainty that this market is going down to a low in the future as it did in 2022 and 2023 or do I think that there is going to be one more top?
For me is there complete certainty that the former will take place. I only have 20% certainty at this point. I’m willing to reserve $ for buys for 2-3 years when the 100% certain play is there. I can increase by bags 4-5x.
so many altcoins haven't ran or done nothing really I understand what you are saying but having a hard time believing this is it. I may pull half of my top 2 coins and pay house off and let the rest ride. I had the end marked in 2 weeks. I am just going to wait and watch.
If so – ILO the inflation rate since 2017/2018 – XRP will not reach 2017/2018 ATH. Hard to accept. (Just to break even – using approximately the lower $3.40 ATH, not $3.84, we need to reach about $4.40).
Never the less:; appreciate your opinions expressed in this post!
🙏
I get all of this, but why now? When the social score is at 0, the RTY just broke out and the coinglass bull market peak indicators still are at 100% hold.
But dude you haven’t addressed the BTC dom. From the chart you know it’s ready to collapse, if we enter a bear at 58% BTC dom, not only will we get hundreds of zeroed cryptocurrencies because they are already 70-90% off the highs, but alt season as we know it, will surely cease to exist too. You’re looking at an 90%+ BTC dom ahead and that will destroy crypto as an overall ecosystem.
You relentlessly keep going back to Q4 21 as reference, but we didn’t get an alt season because the dom was already priced in at 43% and that is that. We’ve had zero rotation.
Thanks BCB, I remember 2021 everyone thinking "we're going up" and the feeling along with the idea, now I watch everyone saying "we're going up" but the "feeling" says something else
are we cooked fellas?
We already up 5-10x on some of the cryptos we got near the bottom in 2022. Pigs get fat, hogs get slaughtered.
You are the man, Thank you for all the hard work and effort you put into this work. It is both educational and entertaining. It's been a hell of a ride. It's always good to de-risk, leave some cards on the table for a long run. The safety cushion sure does feel good though 😆
is this our buy signal?
We are all hoping for rocket ships , but if it doesn’t come you warned us . Thank you sir .
So he's bearish now?
I have a hard time believing that with all of the etf’s hitting, as well as other significant events, that the price will drop.
Wen moon?
Bro, have you looked at the MACD, RSI, and STOCH on the RTY monthly?
50% in and 50% out. My thoughts exactly. No idea how the shoe is gonna drop.
Thank you for your honesty/transparancy! I was actually waiting for your opinion on scaling out any further. Perfect timing.
Of your remaining 50%, what percentage is xrp?
I prefer these types of level headed vids as lookin kinda scary at the moment
nobody else is covering this. your the man !!
🙏🏼🙏🏼🙏🏼 thanks BCB
You have shown me what many people refuse to see… my bags are well 8x up over the last 2 years… it's time to lock in profits… if I'm wrong and miss out, oh well. I'll buy back in during the Crypto winter
17th October we top!!
Well sir 😞👋🫠 it is what it is
🫡
Yea it’s over. I’m getting out. There won’t be a alt season ever again
Bearchain Backer
You did good, taking 50% off the table: There are clearly signs marking the top (of BTC) and others should still play out (BTC.D, Russell and TOTAL3). That's all that can be said. We'll just have to sit this one out.
personally i think you’ll look six months from now and say you were too soon, just like February 2024. But overall you’ll be right just too soon. At least that’s what i need to happen. lol
Trying not to shit vomit. LOL
You are a dingus.
Thank you BCB I couldn't agree more. Your research and knowledge of the markets is unquestionable. I have followed you for a long time but have never left a comment until now. This video could go viral a few weeks from now, or whenever a catalyst or news headlines show up. Thanks again.
Ohhhhh shiiiiiiiid
Wow, a Saturday?… Okaaay🥳
previous videos you would say that the market is extremely bullish following cuts for about couple months before the collapse!