Bitcoin Price Thread

Discussion in 'Crypto Assets' started by Magna, Nov 26, 2017.

  1. wxytrader

    wxytrader

    What happened to 100k? We broke it LOL. Just like I said for weeks.

    I think you are confusing the numbers for an 80% pullback from 250k... We were talking about the current double correction possibility, or the continuation.

    I would say wake me up at 70ks or 130ks, then wake me up again at 250ks and 50ks.. I just got drawn into this discussion because of @johnarb stupid perma bull posting. :)
     
  2. johnarb

    johnarb

    I'm quite excited for the other markets to open, I think bitcoin will shoot up as soon as the other markets provide funds/liquidity to buy the bitcoin dip

    bitcoin went below $100,000/btc but if a tree falls in the forest and no one was there to hear it, did it make a sound?

    US and Canada and European and even Asian (regulated) markets were unable to buy this price, only registered offshore firms and onchain crypto traders

    It will be ironic if bitcoin is above $100,000 by the time CME opens


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  3. No level was going to hold while the US makes a strike on Iran.

    That fear was unlocked 20 years ago and realised now.

    BTFD.
     
    johnarb likes this.

  4. I am net short crypto and outright short MSTR.

    I was forced to take the opposing view for the bet. I just wanted to show that you would flake.
     
    wxytrader likes this.
  5. deaddog

    deaddog

    That's what you said back in Jan when I asked how confident you were that we were headed for 70k
     

  6. Well it's not a FTQ-asset as it's correlated to equities. Begs the question...
     
  7. wxytrader

    wxytrader

    Wow I've been tracking this double correction since January. :)
     
  8. deaddog

    deaddog

    But you didn't know it was a double correction until price told you. LOL
     
    demoncore likes this.
  9. wxytrader

    wxytrader

    It's not a double correction yet ...we are seeing the single correction... a double correction would take us down to 70K's if it's extended.

    I should have known you would misinterpret that. The proper method is to assume a single correction until the double correction confirms.. But with Bitcoin I always assume a double correction until it's invalidated.:)
     
    Last edited: Jun 22, 2025 at 2:06 PM
  10. deaddog

    deaddog

    So you're saying you don't know until price moves?