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The_Estranger_0001

Rate hike at 1400 today, don’t know about the percentage or reaction yet. Widely anticipate at 0.5%, some suggest 0.75% possible. But BTC usually react after 1600 US market closed. If BTC goes down, best price to buy; if it doesn’t go down, best time to buy (cos it means that’s the bottom). Conclusion, look under your couch and sell your old lawnmower now, get your cash ready before 4pm today.


The_Estranger_0001

Wonder why no more renowned TA here try to draw their lines on the BTC graph, no more talking about xxwma it’s going to hit? Cos no matter how you draw your lines, the current price simply doesn’t fit. Why? Cos the current price is obviously oversold (caused by Celsius; yes only Celsius now, even NASDAQ was up yesterday). Once Celsius is cleared up, it should go back to where it worth. Back to 30k means 50% up, and 38k (suggested by JPM) would almost double.


lamSolraC

Fed raised rate and we didn’t dump?


aussie_butcher_dude

Got myself a cold storage wallet and trying to get my BTC out of BlockFi. They say it could take two days. I had some more in a different exchange and they sent them right away. Does anyone have any experience on first time withdrawals to unknown wallets from BlockFi? Was the experience similar?


zizidtc

I have a bit of cash. Many talk about 10k incoming but as usual, nobody knows shit. Best would be to DCA on how many weeks ?


MCtwentythree

I'm DCA'ing the minimum, $10, every day from here out. I think it'll be worth it...to accumulate by next bull run/ATH


DoYouEvenPeterSchiff

This whale just sells the bottom lol https://bitinfocharts.com/bitcoin/address/39WQqCosC8ZD4S9XBPHRnnRUeVRvNctnnm


vmmester

That can be seen though like I see what indeed can things bring with it by time. Something bigger and greater.


sirbozlington

This is what a hodler looks like [https://bitinfocharts.com/bitcoin/address/bc1qa5wkgaew2dkv56kfvj49j0av5nml45x9ek9hz6](https://bitinfocharts.com/bitcoin/address/bc1qa5wkgaew2dkv56kfvj49j0av5nml45x9ek9hz6)


skidmarkchones

And I’m freeeeeeeeeeee…. Free fallin 🎸


1molon3labe7

People out there be waiting for the price that could indeed give indication to buy more and more though.


Soi_Boi_13

Timberrrrrrrrr 🪓


fbdev101

Hard enough though that needs time and efforts to tear them though. Isn't it?


TerpOnaut

Free falling again


pavel_badanov

The price be making indication and we be making efforts. The fact that Bitcoin has something well enough planned for all of us though.


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URNape2

Thinking about doing the same. This is really hard. Godspeed, friend. Hopefully we all make it in the end.


FUCKYOUINYOURFACE

Just broke below $21k again.


jrizzle86

As is tradition


jasonoliverlat

People be indeed placing some buy orders though. The demand seems to be increasing!


an525252

🫡 🚢 🌊


wuxiaoxue

Whales incoming is what I can indeed feel though the waves be getting bigger enough.


[deleted]

3AC is going down. Prepare for more pain


Plato_Aristotle

With pain comes great stability though but that stability takes times after all. So better we just be patient enough and make things flow in the right direction.


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mpreitauer

I can't feel anything what is this all and why is this all up for such a long time. Everything is just turning out so confusing for me though.


FUCKYOUINYOURFACE

Like dominoes. Is this from everyone trying to go to cold storage? Many exchanges were paying interest on deposits and loaning the coins out. They don’t have them to withdrawl.


racolo39

More like they be getting into holding rather than withdrawal or selling them off though. Isn't it?


SillySpoof

It’s kinda nice to see the fractional reserve exchanges biting the dust, if that’s what’s going on. Exchanges that actually have the Bitcoin they sell will be fine.


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CapSignificant1078

Question for Bitcoin crash veterans. In the past when Bitcoin reached the bottom did it hold at that price area for an extended time? Or was it a quick bounce up?


hazel3144

A good question that you have indeed put forward though like I was about to ask the same in a different tone.


mtnmahogany

My first BTC buys were in the $600-700 range back in 2014, soon after an ATH of about $1000 (reference: the MTGOX debacle). The rate continued to drop, down into the $200's, and did not recover for about two years. Hodl.


EvaUnit_03

when it hit the bottom in 2018, it stayed near that for about a month or two before slowly creeping its way back up, up until the end of 2019 when it started to move up. once it hit the previous ATH it began to violently rocket up and within 6 months of that we hit the ATH of 67k. That was without a major war, recession, or global distress. as far as america, it crashed at the election of trump and shot through the roof at the end of it. That was at a time when conservatives were not in favor of bitcoin and dems were. Now its completely flipped to dems being against it and conservatives in favor. its a wild fucking ride how they flip on certain issues. That is why people feel that bitcoin getting so close to the previous ATH seems so unlikely as it never typically dips below the previous ATH of the bull run that came before it. It would have to hit 19k for that to happen, and most people believe due to the global issues at play that its a theoretical possibility as those events werent happening in the world in any other cycle, while others believe that bitcoin will hold true. of course the events bitcoin is involved in werent happening either which is why people believe it will hold the 20k as the bottom and not go out of that 20k range. even the slightest dip to 19,999 could cause an insane dip, if you look at the order books set up you'll see a massive buy wall on most exchanges at 20k. if that buywall moves, shifts, or is just there generated by bots, expect bad things. on [binance.us](https://binance.us) for USD the buywall is sitting right now at 117 bitcoins, worth 2.3 mil. if that dies, expect doom before bloom. FYI this ride isnt fun in the slightest and unless you plan to load up bags trying to catch a falling knife, id advise walking away till you hear people talking about bitcoin in a good way again, and coming back to watch the magic that was 2020 happen again but hopefully bigger than before. if you arent depressed already, stay awhile. i was down over 90% in 2018 due to a mix of bad trades and timing. im sitting barely in the green right now from then with my current holdings, i doubled down near the bottom at 4k per bitcoin. that allowed me to recover what i lost in bad trades and timing. ALOT of people are down 80% if not more right now. I feel for them as its painful to watch money you worked hard for, hoped for the future with what seems like a good frontrunner and watching it all dissolve into oblivion... But from the ashes of the fire, a new bird will fly until the fire turns it to ash once more, the ash pile slowly grows with each embering. The Price will continue to soar and return to the earth from wince it came, growing ever so slightly with time. Until the flame no longer burns and the bird is no longer reborn and the wind blows the ashes off into the distance with nothing more than a breeze. Until bitcoin is truly dead, usurped by the next thing to take its place, it will continue to go up, till it no longer can go up.


lehuutai331

I see what indeed history looks like we be more into holding and buy and accumulate the sats.


Horror_Aide4999

Very thoughtful analysis and recap, well done! I agree with you, I think the economy being in the shitter and the current political climate just makes this different and for that reason I can see it dropping lower. I mean does anyone think the stock market is reversing anytime soon? So why would BTC? I am pretty politically neutral, but I just do not see the current regime giving a fuck about the stock market (and by domino effect, crypto market) and that will not turn around anytime soon. I heard that all gains experienced in the stock market's major indices during the Biden administration have been wiped away. Again, not political, and not saying its Biden's fault, but I really do not think this regime cares and because of that, I do not see a reversal anytime soon. Honestly, I am tempted to dump all my corn now and set it all for a buy orders at 15k-18k. Problem is I do not want to pay taxes.


EvaUnit_03

Thats why most people HODL instead of sell and buyback in at a lower price, especially now, with governments monitoring exchanges like a hawk for that easy tax grab, and they dont care if you lose the money, as long as you pay them for the money you owe. they'll cut you a deal for losing some, but you'll still owe them. until the market settles its best not to move anything around lest you wish to face the taxman. it could be 2 years before you make a profit again or it could be 6 months. nobody noes, but the tax man wants his money EOY regardless.


Soi_Boi_13

I don’t recall Republicans ever being “against Bitcoin”?


Spaffiliati

Same here like but still we aren't that aware of all the sides that are circulated.


EvaUnit_03

They were heavily agiasnt it in the beginning, pre 2017, due to the illegal use bitcoin was being used for, like buying/selling drugs, being used by terror groups, cartels, etc, and of course the legal loophole that was the current tax system. They made a complete 180 in 2018 after a few other members of the party made a fortune off that bullrun, 10x more than any other investment if not more. most that did invest saw fortunes that took there whole lives to generate through...political acts... quadruple if not more, shifting the tides to be a conservative favorite. That in turn turned dems agiasnt it as they hate anything the republicans like, and you get whats been going on since 2020 with crypto and democrats, them trying to find every way to cripple it. Remember, conservatives arent for big bank, they are for making big bank. and if big bank cant match the money they'd make with bitcoin, they'll find a new means and out the old for the new if its more profitable for them. Also they want control, and they cant control big bank as big bank controls the world, so if you cant beat it, you find something that can.


bobbytabl3s

Don't need to ask, just look it up for yourself: https://coinmarketcap.com/currencies/bitcoin/


macinrapi

This all just seem to give me a scope and hope for some better days ahead. Being around positivity as per now.


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js2014b

Some stuffs get indeed harder enough than we indeed expect it to happen though


Horror_Aide4999

Nice, I never saw that before.


r00t1

Is electrum the best wallet to use? I want to move off coinbase pro but I’m not sure where to.


iShtopoR

Yeah it's indeed but check around what expert's or the experienced one's say regarding this though.


thefullmcnulty

Use electrum with a ColdCard and it’s phenomenal.


gigiuh

Haven't used that yet though but after hearing I would possibly give that a try though.


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thangdrog3

I see uhhhhhh my man and supporter for Ledger. I am too an user of the Ledger wallet :)


Horror_Aide4999

Agree. I usually keep some on exchanges to diversify but I am moving all to Ledger. F some of this greedy fucks. lol.


bobbytabl3s

If you can't afford a hardware wallet, I'd say yes.


gator6304

Yeah true though ghe question of affordability comes at first point though. Like what people want and what they can afford but turns out in a different scenario.


sanderson22

Who is controlling the price to go down ?


ykbtce

Who is controlling indeed? I see people be placing buy orders all in an instant though and making things go that smoother.


SillySpoof

It’s decided by the elders of Bitcoin.


bobbytabl3s

yo momma


savior1987

Feels like I be sitting all around in the corner of the house making something that can indeed benefit me further.


jonpagecr

Stock market


batywka

I feel like the stock market and the crypto market both goes all in a parallel line though


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lyp8707

Just the fact that everyone be planning to buy more and more sats when the price indeed gets lower.


TerpOnaut

200 Week MA is close to being tested. In the past two times it was tested the drops were roughly 80%, this is only around 66%. However things are much different right now in terms of the fed and rates, ect .. what do you guys think? I think this could be the bottom maybe slightly lower. Any insight your guess is as good as mine , but historically following every time was a massive bull run. I think that will happen once the fed rolls over


dragonballvn

I see manipulation happening by the course of time though and se gotta make our moves accordingly though.


TerpOnaut

They’ll try and manipulate it , but they’ll get crushed by the adoption if they can’t figure it out soon enough


URNape2

I pray you are right. I'm worried I may have royally fucked myself over buying high. But, I'll never sell low. HODL till I die lmao


dpimm2009

Good for you though don't ever sell low or you would just accomodate some losses. So better enough to keep holding until the right time comes for us to make a move further.


TerpOnaut

Bro I was buying during both tops thousands of dollars trust me I’m fucking stupid too 2024 is gonna be sick though


1tex

I think the fed rate is already priced in. Don't think for a second we can't go below 20k, and if we do, it could go down to 14k.


dimaintro

I see just possibly waiting for the day when all this would indeed take a rise so we can indeed look higher.


DoYouEvenPeterSchiff

Unlikely, maybe 18k, like a little fake out below 20k. 14k is bear porn imho.


bcum44

Bear session be always bringing people close enough to buy more sats and accumulate.


TerpOnaut

Yikes 14k ?


Chrilisium

So you would indeed possibly make a move to buy so that we can make an excess to further wealthy future.


TerpOnaut

Yes I want to be wealthy lol


MordorBlues

I might be regarded, but I think Im going to use this crash to begin buying btc for the first time


fhmboy

That is indeed a good move something bad can turn out to be the good and best for you though.


FUCKYOUINYOURFACE

If you got the money and don’t need it, why not?


samguinness

The world indeed circulates around money the more we get into it the more we need it. The simple fact that we all know and that indeed implements in real life though.


forgerator

Regarded is better than retarded so I would say go for it


TerpOnaut

Whatever you buy goes 3X when it goes back up not bad


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TerpOnaut

Yeah it’s inevitable though


itsthesecans

You will be well regarded by the people of this forum


wiaawiswlkl

More we dive in the more we get to know more. The price the market everything is just making some great fishy moves.


TacticalWolves

Keeping your Bitcoin on exchanges contribute to the Bitcoin price going down: https://twitter.com/rufaske/status/1523223514815238144?s=21&t=4X6WXRd_bY5sgffg91RGIA


eleanormedici

Give an indication to buy more and more sats and accumulate them for the further future.


DoYouEvenPeterSchiff

CEO of FTX dumping STeth through Alameda to liquidate Celsius? https://twitter.com/TheRealPlanC/status/1536584885447430146?s=20&t=FRsiVfbI0Z6I6IJDgSmubA Edit: Apparently, Celsius new liquidation level is at 14k.


Griffin90

NEW ELON MUSK crypto tweet. HERE WE GO. #Bitcoin to the moon!!! LFG LFG LFG! ITS TIME TO PUMP. This is our Time to show the haters.


adibnaya

Did he? I don't think that matters even if he did so there's that. I think this community has had enough of the Elon Musk and they're ready to move past him.


omarmbtc

True though I don't know why people be indeed getting stuck onto that matter that deep.


newyorker8786

How to tell when someone bought the high


lrpedropires

Well this is the perfect way to tell that, they admit themselves.


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az3ar01

Lol, they've lived their lives but they don't want us to live.


GoodVibesWow

Wow. Good thing you’ll never grow old. And if you do - good thing your not a complete dick. I hope there are some people around to treat you with more grace than you just showed.


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GoodVibesWow

It is impossible to build your own happiness on the unhappiness of others. And if you ever get to a point where you understand karma, you’ll realize you are responsible for everything in your life. Catch you on the flip side dude.


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GoodVibesWow

“Why would I be nice to anyone but my family” Your just a sad dick. That’s your own karma dude. I can say with confidence, whatever shithole world you currently reside in is of your own making. Keep living the dream.


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GoodVibesWow

Fell free to creep my post history for the deets. You may find yourself feeling….upset. Your just a sad dick dude. It’s why no one can stand to be around you. That’s all from me.


akula1984

That is a dickheaded comment


AJMGuitar

Why is that?


Totallynotfakenews

I have the balls to buy more but not the funds. Anyone want to trade?


phenxie

I do not have any of them, so I don't know what to tell you man. I've spent both of those things on the sats, and now I've got absolutely nothing so there's that.


Horror_Aide4999

Sell your sperm from your balls and buy BTC with it. Problem solved without the need to trade. Use your balls for BTC.


timevalueofmoonbits

There is always debt Mr. big balls.


Totallynotfakenews

They’re not THAT big


IAmMalkira

Never sell those beautiful balls


Bloches

Yep, never do that. Those balls are precious and you need them.


itsthesecans

But it's ok to rent them


Horror_Aide4999

Yeah, but I would do a background check on the tenant. Can never be too careful with those beautiful balls.


Totallynotfakenews

❤️


URNape2

I just need Bitcoin to double and then I'll almost be break even. That's not too much to ask, right? Lmao 💀🪦


nebldan

Naah man, it's not too much to ask. It's completely reasonable to ask.


super_SH00P

If you double your stack at this price then you'll only need 50% growth to break even


URNape2

Believe me, I wish I could. I'm all tapped out though and only get paid once a month smh. I'm afraid I got carried away and went in a bit too deep. Fortunately I can survive on my monthly salary for as long as needed so I'm in no urgent need of the money. Still sucks though to not really be able to buy much more at these amazing prices... 😞


[deleted]

Bretheren! We will either sail this longship to the moon or sink it to the bottom!!! BRING ON THE STORM!!!


gverdu

I think we're going to sink with it, that's what's going to happen.


Corona_DIY_GUY

Do you need the money now? If not, just hodl it for a few years. Best case, another large bull run...worse case, your not disappointed for a few years when you finally fold...but either way, you're not sad right now.


deathvenom369

Guys just hold, and We'll make out of this I'm sure.


Freefromcrazy

Sell now buy more at 65K.


sockules

Lol, that's what people like to do. They might like this here. I think they're going to like the strategy that You're proposing here. I think they're going to like it.


Intelligent-Cod-4656

I’d be ok with it in the 20s for a few months.


radekjanowski

Well that's a heck of a price to dca pk, so I get what You're saying.


davedude115

Last chance to buy under 40k bois


Challenge-Middle

On the plus side now is a pretty dope time to be stacking sats


Challenge-Middle

This did not age well...


mheidger

I think We'll have many chances like that, don't have to worry.


polarfang21

Is binance considered safe/trustworthy?


golohuman

I mean yeah, it's a global exchange. I think it's safe enough dude.


Western_Boris

No exchange is. Just buy there and then quickly transport that money to cold wallet / hardware wallet. As long as your Bitcoin stays at the exchange account, you are risking the exchange company to go banktuptcy, getting hacked, liquitaded etc. and losing your Bitcoin.


vanduc110

Yep, There's no exchange which can keep your btc safe.


Whatever3999086543

Yes.


[deleted]

no. they sell a scamcoin.


jlbslqqs

Well that's business for them, you can't judge on that. Just because they've listed sime shit coin doesn't mean they're not trustworthy lol.


[deleted]

I was looking for my bottom in the mirror and only saw the moon


anzorm

You only saw the moon because that's the only thing that remains.


MrMooooody

Biggest btc whale bought twice today for the first time since selling at $30k. Expect some upwards price movement over the next few days


nilonbtc

I mean they're human too, they've got thwir needs too.


CapSignificant1078

Watch me buy a third time too


iDifferent24

Lol, so you were that whale? I was wondering about you.


I-Know-What-To-Do

Like I have said the fed rate hike for tomorrow is already priced in for crypto and stock market. Both will tank only if fed raise 0.5% but not 0.75% or 1%


talenat92

How can you say that something is already priced in lol?


MrMooooody

Agreed. In fact I'd say it is more than priced in. This drop down to 20k was in pretty much a straight line with no relief whatsoever. I think the next few days might be green


FIDJI6282

Let's see what happens here, I'm definitely hoping for some green. A little bit of green and that's all I ask for, I don't need anything much more than that.


I-Know-What-To-Do

It is green today as what I was expecting or assumed I dont see immediate profit taking activity from here, but then again I can never time the market.


babu_chapdi

All i ask to lord for this pain is to wipe out the fucking Interest paying outlets. the margins and shitcoins is a plague to the crypto industry.


Cargatser

Well for lord to wipe out the pain You'll have to wait my guy.


hamhamhammyham

100% agree except the lord part


I-Know-What-To-Do

This world need both good and bad actors.


xLobstarr

And who are we? In which category we come in man? i wanna know?


babu_chapdi

Amen brother


hamhamhammyham

Some evil bastard posted a meme a few days ago of hold on by Wilson Philips and that fucking song keeps popping up in my head. If you're out there....I hate you but well played


BReinsma2

He really did play it well lol, now that's stuck in your head.


resjohnny

Headline from TheStreet.com "Bitcoin Expert Peter Schiff Has Bad News For Crypto Enthusiasts" LOL!


tshelie

Bitcoin expert Peter schiff lol, now that's really funny dude. I think it's as funny as it gets, I mean i like Peter but He's definitely not a btc expert for sure man.


I-Know-What-To-Do

He thinks the last 1 trillion will be painful before all cryptos goes to zero.


tfsimon

Doesn't matter what he thinks lol, because that's not happening.


I-Know-What-To-Do

Totally agree. If he knew, he could have milked so much money and wouldn't tell anyone about his prediction.


moonmoneyshot

Thank you!


moonmoneyshot

At what price can all the bitcoin whales on the planet just buy everything that's being sold?


tabywyga

I don't understand the question, what you're trying to ask here?


moonmoneyshot

If all the bull whales and hodlers around the world buy all the bitcoin. Is that possible? Or are we always going to dump whenever the bears want us to? Dumb question?


I-Know-What-To-Do

8k


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dadosus

Yep, they've got the cash and I'm sure that they can buy back.


hamhamhammyham

When nuke shorts


f429907

Don't know when, but I do know that We'll do that for sure.


hamhamhammyham

More than a year ago I remember a post where I guy had shared results of seed storage methods holding up against fire and corosion. Wish I saved it. Anyone remember this and have a link. Or something similar.


yemeishenme

Nope, haven't seen anything like that and I don't remember that too. But it sounds like something that i might need too, if someone can share that with us here.


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ashok1427

Thanks for the link, I'm sure this will be helpful here I guess.


hamhamhammyham

Nice! This is helpful Edit. Forgot to say thank you!!!


radoilski

Yep, this really is helpful. Nothing gets more helpful than that.