Bottomed out?

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(Edited)


Some news:

  • Core Scientific, one of the largest U.S. #bitcoin mining companies, is going public (via SPAC) at a valuation of $4.3 billion.

Today Cathie Wood, Jack and Elon will talk about Bitcoin. Will this be the start of a new hype and new ATH or the catalyst to move to 10k?

IMO this was the first dip of Bullrun that washes people out. Next one would be IMO way more insane.If we can come back to new green candles,

it will start with fear,skeptic, hope, fomo, more fomo, fomo greed, super greed, insane greed, up forever moon and higher moon, Super oblivious scams pop up and pump to insane MC, huge depression and super dip, into crypto is a scam :).

As long mainstream media and people talk about it is not the end.

In general if people they

"blaablabla "

"At this price i buy if it falls to this"

You know if a lot of people looking for a buy in place, it can turn up fast into FOMO, oh no I don't get in.

And if a lot of people are looking to buy, there will be a resistant area and smart people buy before to fill up.

So the only question is, Bottom now? Or do we fall again?

On the other side, What FUD can pop up now to Fuck crypto? We had all in the last 6 weeks I can imagine off.

And btw look at this....

promoted you see.........................................................................

How do you feel about this?



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14 comments
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I have a feeling Elon is going to say shit again, I’ll be glad to be wrong though. Hopefully institutions will pay attention to the speakers this time, with Micheal Saylor involved, they should learn one or two things

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(Edited)

Market is overall positive to it. If it ends up to a shitshow with FUD on top 10k soon :)
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But i expect some up only talk :)

BTW, 50% of the super-rich Goldman clients are interested to buy BTC.

https://www.zerohedge.com/markets/half-goldmans-ultra-wealthy-clients-will-be-adding-crypto-their-portfolio

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Lol I just finished watching it. Good stuff...nothing new that we don’t already know. But overall positive sentiment

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Lets see what next weeks happens :P

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I don't trust any of those three, Cathy, Elon, or Jack! Elon turned into the biggest flip flopper. Usually after Elon speaks everything drops. All these guys and gals doing is trying to create hype so they can create revenue off the fomo. Elon lost all credibility in my eyes, I jsut ignore them, and fade them now.

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IMO as long people talk about crypto on mainstream, we are not in bear market :)

I would expect something so retarded, everyone that's in crypto for years knows ATH :)

Special with all that money printing and panic around the world. But that's only my opinion, could turn out the other way too :D, haha

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Bear market is just a fact of being in a downtrend under the 200 day moving average and all that. Panic around the world causes the price of btc to drop, remember March 2020? That was max panic, and BTC prices plunged. Crypto is not a real good hedge against panic. I'm done with btc, I am into SHIBA now. If btc goes pop, shiba will go up even more percentage wise. Shiba is not inflationary, like btc. I have my hive too, so if btc goes up then HIVE will go up, I'm waiting. I really think we see 20k, and maybe 10k again. I don't even know if I would buy any down there, it made me rich already, and I'm holding onto my new money! I made so much more money selling btc on the high and rolling it into stocks like AMC on the dip. I plan to keep rolling this money around into good stable investments forever now. If btc so good then all I need to do is buy a little bit on the dip and wait and it will make me rich again right. If anything that's all I'm gonna do. Haha

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I would not wonder meme coins takeover sometimes BTC in terms of MC and acceptance.

It looks like you played it out very smart :)

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Thanks, yeah there's always a bull market somewhere. You never know if btc just feels right again I might make the plunge. This zone has been the sweet spot about 3 times now it seems for me. I;m deffinately trading btc, I bought that dip the other night at 29600 but flipped the spike since it went so quick. Whenever I see those huge dips I get in, same for stocks. Lately I have not been able to hodl nearly as long. I literally bought my btcs for hundreds of dollars a piece and held them until 2020 - 2021 and started selling them finally! I was very happy with the life changing gains, now I'm set! I know how to make it rich in crypto, it's buy the bear market, and wait the 3 years and sell the next bull market halving spike, I'm already beginning to do it again, taking it slowly accumulating this time around too. Crypto is a long game of following the big picture trend cycles.

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Oh I agree with it 100%. I'm not sure this run is already over because of the way it ends ( the massive FUD) and super fast depression.

In general, I remember bubbles bust fast but with positive news. And not negative news. They come always a little bit later into massive panic :)

There was panic and fud but not the destroy and end of the world news.

I could be wrong but I think we will see something ridiculous first in price before it ends :).

4 days before the massive fall :)
https://peakd.com/hive-167922/@urun/end-of-bullrun

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Yeah it's starting to look a lot better. I bought more SHIBA on the dip too! Some XLM, DOGE, ADA, we'll see, and if not I'll just continue to DCA on those. I have a few auto buys set for btc so it just buys every week.

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my plan is hodl :) i don't add anything, i don't sell for now :)

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The billion token seems more like a joke trying to take away money in the same way as TechLeads. Well at least given TechLeads way of creating the token, I don't think he will rugpull until the price starts crashing but this guy is probably anonymous so I wouldn't trust.

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