Bitcoin Price Thread

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

  1. Ed48

    Ed48

    FWIW, I reckon this bull market has further to run. Maybe topping out end of this year or early 2026. That's based on nothing more than previous cycles. Bull markets have been about 3 years bottom-to-top; bear markets about 1 year top-to-bottom.

    That's just a pure guess mind you. I don't give much credence to predictions.
     
    semperfrosty and johnarb like this.
  2. SunTrader

    SunTrader

    Then is there a hidden meaning to your post that I don't get?
     
  3. Ed48

    Ed48

    Not that I'm aware of. :D
     
  4. johnarb

    johnarb

    Bitcoin still waiting to go above $120k level and stay there, it has not gone below $110k level and $115k has been a very strong support

    This price action is not bad, it's becoming comfortable...

    The crypto bros are going out to the alt coins for more action,

    I added a third memecoin to my altcoin holdings and an altcoin L1 , so I have a total of four altcoins which is my way of saying I think we go much higher in the next few months



    upload_2025-7-30_22-46-16.png
     
    semperfrosty and NoahA like this.
  5. johnarb

    johnarb

    wtf, JPM going full degen on crypto assets...

    This is for the retail that has been missing this bull market, the very popular Chase credit card points


    [​IMG]
     
  6. 2rosy

    2rosy

    Coinbase also has an Amex card with bitcoin rewards

     
    johnarb likes this.
  7. johnarb

    johnarb

    I contacted Amex and customer support rep said it's not launched, yet, but she has put my name on the list and will contact me. I logged on to my Coinbase account and it still has not launched, but soon
     
    NoahA likes this.
  8. NoahA

    NoahA

    I find it wild that just a year or two ago, people were getting de-banked because they sent money to crypto companies. Entire companies were also getting de-banked because they had a crypto business. And now, with the stroke of a pen, they didn't just say, "ok fine, you can send them money", but in fact, they want the crypto business.

    Its wild to me that some people think crypto/bitcoin isn't legitimate anymore. I'm not saying JPM are the good guys, but if JPM is going after crypto business, how on earth can anyone still be worried about getting involved??
     
    johnarb likes this.
  9. demoncore

    demoncore



    Fake news.

    Define "involved" for us.

    You're like an alcoholic that refuses to drink alone. Makes shit money so the answer is to put every disposable CAD into BTC at $163K (CAD) and if you don't join him you're a fool. Ten years ago it was trading 520.
     
  10. SunTrader

    SunTrader

    Bitcoin Tumbles Below $116K as Jerome Powell Delivers Hawkish Remarks
    The Fed Chair appeared as dug in as ever to his insistence that the central bank stands firmly in blocking the Trump tariffs from igniting inflation.
    By Stephen Alpher
    Updated Jul 30, 2025, 3:22 p.m. Published Jul 30, 2025, 3:10 p.m.
    [​IMG]
    Fed Chair Jerome Powell (Chip Somodevilla/Getty Images)

    Did U.S. Federal Reserve Chairman Jerome Powell just threaten to hike rates?

    At his post-meeting press conference following the Fed's Wednesday decision to hold interest rates steady, Powell continued to insist that the president's tariff policy risks igniting inflation.

    "Increased tariffs are pushing up prices," said Powell. "Near-term measures of inflation expectations have moved up."
    "You could say," Powell continued, "the Fed is looking through inflation by not hiking [rates]."

    Markets didn't take kindly to the remarks, with the price of bitcoin

    BTC$116,395.35
    quickly tumbling nearly 2% to $115,800 and major U.S. stock indices moving from roughly 0.5% advances to 0.5% losses.


    The carnage in altcoins was worse, with ether (ETH), solana

    SOL$173.87
    and XRP
    XRP$3.0689
    each slipping nearly 4%.


    The Fed earlier held its fed funds range steady at 4.25%-4.5%, in line with market expectations. There were, however, two dissents from the rate vote, with Governors Waller and Bowman favoring a 25 basis point rate cut.

    Under pressure from President Trump and now two Fed members to ease policy, Powell gave no indication he's wavering from his stance on — at a minimum — steady rates.

    https://www.coindesk.com/markets/20...16k-as-jerome-powell-delivers-hawkish-remarks