a little positivity might help. People fuckin cry over every drop and still complain when it finds a solid floor above 90k, it’s not surprising no new buyers are rushing in
Odd-Radio-8500 on
DryMyBottom on
damn, this meme works every time
stratocat-182 on
Like it wasn’t stuck before. Itll move up sometime in the future
LargeSnorlax on
If you think about it, people complaining about Bitcoin being “only” 90k at this point in the cycle is wild.
My guess for the end cycle was around 60k and I felt sure that we’d go there pretty soon after. Instead we’re hovering at or around 90k, which is crazy to me after seeing it be the same in so many previous cycles.
Probably has some room to go down but it really does look like ETFs and institutions getting involved changed the game to it being a more boring and predictable asset class overall.
GaRGa77 on
Well people that control the traditional markets are getting in, they want to buy as much as possible as low as possible but once they hoard it like Smaug it will be priced out of your reach, like everything else worth owning now a days
cowboy_shaman on
This is like the last cycle when we got comfortable with the $50-56k range… and then the bottom fell out
strongkhal on
I hope you guys took profit at 125k
>!i sure did muhaha!<
MarioWilson122 on
Yeah, it’s in a bad spot right now I’m certain that will change soon enough, as I’m sure in the past it was stable at different price points. So, if you are still a believer, then this shouldn’t make you give up on it.
Vivid-Run-3248 on
At this point it’s just retirement for all the whales.. every time it goes above $90k, the whales will sell and buy another yacht or another mistress
11 Comments
a little positivity might help. People fuckin cry over every drop and still complain when it finds a solid floor above 90k, it’s not surprising no new buyers are rushing in
damn, this meme works every time
Like it wasn’t stuck before. Itll move up sometime in the future
If you think about it, people complaining about Bitcoin being “only” 90k at this point in the cycle is wild.
My guess for the end cycle was around 60k and I felt sure that we’d go there pretty soon after. Instead we’re hovering at or around 90k, which is crazy to me after seeing it be the same in so many previous cycles.
Probably has some room to go down but it really does look like ETFs and institutions getting involved changed the game to it being a more boring and predictable asset class overall.
Well people that control the traditional markets are getting in, they want to buy as much as possible as low as possible but once they hoard it like Smaug it will be priced out of your reach, like everything else worth owning now a days
This is like the last cycle when we got comfortable with the $50-56k range… and then the bottom fell out
I hope you guys took profit at 125k
>!i sure did muhaha!<
Yeah, it’s in a bad spot right now I’m certain that will change soon enough, as I’m sure in the past it was stable at different price points. So, if you are still a believer, then this shouldn’t make you give up on it.
At this point it’s just retirement for all the whales.. every time it goes above $90k, the whales will sell and buy another yacht or another mistress
Bitcoin must go up and will go up, gold is at ATH