When bitcoin was at $64,000 and claiming it'd go down to less than $10,000? Seems like the price has stabilized quite a bit and will steadily go up.
Now the 125k peak was that too high at the time? Yes, and the market corrected and found the medium. Now it'll eventually return to that 125k peak and it'll waffle there before making a new high.
Just like it always does.
Where the doom and gloomers from February?
byu/Beerfanguy inBitcoin
Posted by Beerfanguy
10 Comments
You might be right, or people might just throw their yolo money into semiconductors instead.
I wish it would have gone down to $10k
Is It october yet?
Pretty sure the doomers know BTC would go to the 100 weekly EMA before dropping lower
It’s tempting to go into the history of these doomers and start dunking on the bears but anything can happen in bitcoin.
Bottom and tops are ruthless on X though lol
I called 60 as the low but didn’t have as much free funds to invest when it got there unfortunately but I been buying all the way down and back up
It looks bullish to me, going above ema200 on daily is a good sign
They are hiding
This rally is running out of gas. Bitcoin does not go straight up (even in full blown bull markets). Two steps forward one step back. I’m betting this move gets a decent size pullback, and if it can hold above 60k then maybe it builds a base from there and we start to go back higher. But I’m not banking on BTC holding 60k. I think we’ve still got plenty of opportunity to make a new low this year. But we’ll see. Base case BTC at least retests the 60-70k region.
Anyone who said it was going down to $10k this cycle probably doesn’t understand very much about Bitcoin at all.
Thank being said crypto is very unpredictable. But I would he willing to bet a lot of money that Bitcoin doesn’t ever sees $10k ever again.
They’re busy doing taxes on their gains, or loses 🤷🏻♂️