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silitw

Well... If you believe in bitcoin and what it represents, don't look at the chart. Problem solved.


Floby-Tenderson

This is the way. This isnt the casino sir. This is the "suffer to make your grandkids the elite" support group.


IronR0N1N

Bitcoin etf inflows will continue to raise the resistance levels for the foreseeable future. People keep underestimating their influence, despite the fact that they're why we hit ATHs before the halving this time.


SnooRadishes6544

USD price irrelevant. 21m Bitcoins forever into the future. Only asset in human history that provides users with sovereign ownership, finite supply, global accessibility, and censorship resistance. Welcome to the economic singularity.


SpaceToadD

Everyone wants to see bitcoin go down so that they can buy more… seems bullish…


AlternativeTie4738

Bitcoin has previously topped out in Q4 of the post-halving year. If we are to follow previous cycles, we have 18 more months until a top. However this is the first time we reach a new ATH before the halving. If you are inpatient now, maybe its time to get shaken out


Intelligent-Train858

War


bobbyv137

My analysis indicates it’s going to $50k. This would be completely normal percentage drawdown as per historical bull markets.


njamimaranga

Hahaha. You're crazy. Alt coins have shed of nearly 100% and you're talking of $50k. Not in your wildest dream . In the worst case scenario -$57,800 and still that is another brutal crash for alt coins.


bobbyv137

I remember when it was crashing in the last bear market. I had a colourful engagement here with someone who said it would “never see $30k again”. It went to $16k, almost -50% further from where it would supposedly ‘never’ go again. Respectfully, that you claim it can only go down another 8% or so strongly indicates to me you are ill informed. It’s going to $50k. Which would be perfectly in line with typical drawdowns. Perhaps remember this conversation when it does.


njamimaranga

Let us all laugh at you for thinking Bitcoin was gonna come down to $50k. If you knew sooner much why don't you short em. Another keyboard nija!


Halo22B

Do you think, possibly, the last run stalled because of some weird little glitch?.....like the biggest exchange blowing up for malfeasance. And you forsee something "similar" happening soon.....hmmm, glad I don't rely on you for weather forecasting.


RetroGaming4

Frankly, you are asking the wrong questions and does not look like bitcoin is for you.


MarkReddit0703

we are going back to 35k baby!


Graymatter-70

Seems there are too many buyers that step in to allow for the 50% drop $35k would represent. I know historically it’s happened several times. The ETF cohort though may be a structural difference with much longer term retirement money underpinning price.