Theoretically, the peak should only be 120k. It seems to be following a predictable pattern of diminishing returns.
Bitcoin to skyrocket in 2024
- Thread starter stinkynuts
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Oh my, this is massive. If Trump ends the trade war, Bitcoin is going to absolutely skyrocket. Definitely a 5k plus candle.
all this tarriff nonsense will settle
it's brilliant, actually ....markets were at all-time highs ....cause a correction now (eventually one was needed ) , make new ATHs later on (short term pain , long term gain)
also believe he's trying to make the Fed cut with tarrifs and layoffs
yes, some people argue tarrifs will cause inflation and thus will induce the Fed to be hakwish, but tariffs are cost-push inflation which will hurt both producers and consumers
if the Fed cuts , Trump will soften his tarrifs stance and that'll make markets pump even further (so will the eventual end of the Russian Ukraine war, which will end sooner rather than later).
it's brilliant, actually ....markets were at all-time highs ....cause a correction now (eventually one was needed ) , make new ATHs later on (short term pain , long term gain)
also believe he's trying to make the Fed cut with tarrifs and layoffs
yes, some people argue tarrifs will cause inflation and thus will induce the Fed to be hakwish, but tariffs are cost-push inflation which will hurt both producers and consumers
if the Fed cuts , Trump will soften his tarrifs stance and that'll make markets pump even further (so will the eventual end of the Russian Ukraine war, which will end sooner rather than later).
Global money supply (M2) started to increase on January 6, and went up for three weeks. Since Bitcoin lags M2 by about 70 days, we should see a huge run from mid March, and it should last three weeks.
This may or may not be the top, but Bitcoin should make a new high, and alt coins will recover. This is when I will sell 95% of my bag. Will hold some Bitcoin for perhaps the next run, if there is one, in the fall.
Now is a great time to load up on Cardano, ETH, SOL, and XRP.
This may or may not be the top, but Bitcoin should make a new high, and alt coins will recover. This is when I will sell 95% of my bag. Will hold some Bitcoin for perhaps the next run, if there is one, in the fall.
Now is a great time to load up on Cardano, ETH, SOL, and XRP.
Trump signs executive order establishing U.S. strategic bitcoin reserve
President Trump is launching a strategic bitcoin reserve as part of a new executive order.
www.cnbc.com
My prediction is that in mid March Bitcoin will start to rally, reaching an all time high, then 120k over the course of three weeks. After three weeks (first week of April), it will plateau (as profit-takers and fomo-ers keep the price in equilibrium). This will begin alt season, as people sell Bitcoins to chase higher returns. ETH, SOL, ADA, XRP, Doge, and Shib will skyrocket, followed by mid and small caps. Alt season could last 1-2 weaks. This may be the cycle top, or it may be in the fall. Regardless, there will be very big correction, and a summer low. Everyone should take profits in mid-April, otherwise they will be left holding the bag.
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I think tariffs is priced in. We might get 2 to 5 percent on nasdaq and another dump in may. (I’m very cautious about war amd believe these is a dip in defense contractors)
Months and months ago, the so called BTC experts were calling for highs of 500k to 1MM, during the last month or so, they have downgraded their calls to 100 to 125k. Imagine the average small guy who bought in at 75k , what kind of return is he making for all that risk ? If he did stake his coins, a BTC stake % would be very minimal. The question is , do we cash out soon or hold until 2028 - 2029 area ? The current environment is so different from Dec/Jan time.
Crypto has fundamentally changed for the worse, now that shady characters such as Michael Saylor are hoarding vast amounts of Bitcoin.
It remains to be seen how things will play out this year
Everyone calling for a super FUGLY week , next week !
Everyone calling for a super FUGLY week , next week !
$62,000 Bitcoin In March… DON’T PANIC - Tom Lee
m.youtube.com
Lots of people say it’s over, or going much lower.
I disagree. As I mentioned, think that this is what will happen:
1)The M2 money supply started increasing on Jan 6. It takes 76 days for it to affect Bitcoin. Meaning, around March 23 we should Bitcoin pump.
2)Bitcoin will pump for three weeks, until mid April, along with Ethereum, which might double.
3)Bitcoin will consolidate for about a month, during which alts will pump until mid May, this will be alt season.
4)All crypto will gradually decline in the following weeks. Whether that concludes the cycle or whether we have another run in the fall is anyone’s guess.
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Wow, bitcoin crashing hard, into the 79’s soon
stock futures look bad. Ever since Trump started the trade war stocks and crypto have crashed.
stock futures look bad. Ever since Trump started the trade war stocks and crypto have crashed.
These slow, painful declines are whales manipulating the price to shake out the weaker hands and leverage. This way they can pick up Bitcoin at a discount and prepare for a more stable rally up. We’ve seem this so many times, it means the next leg up is imminent.
My bottom line bearish call is $ 65,100 area , even though I WAS bullish ! UGH !
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Trump is clearly manipulating the markets. Most likely so that he and his family can get a discount. Everything will recover. Check back mid April.
Watching everything slowly crash is too stressful.
Watching everything slowly crash is too stressful.
I am using margin account as I get very good rate from TD and I am down a lot, Hope it recovers.
sp500 rsi daily near oversold ..usually bottoms around there
think a bit more downside until Fed / opex (March 19 and 21) ...maybe to 5400
will admit if Fed stands pat we could he in trouble
bulls must defend 5100
think a bit more downside until Fed / opex (March 19 and 21) ...maybe to 5400
will admit if Fed stands pat we could he in trouble
bulls must defend 5100
