Damn John, you need some chill. I'm here for you man, and I think 20K BTC will hold. I do not think it will reach a million, but it will not drop to zero. Calm down!
Because of coincidence in numbers $30 vs $20K, not sure if we're on the same page Millionaire posted on another thread he was bashing Bitcoin when it was $40K That post I replied to was to remind Millionaire that in 2011, he was "bashing" (he calls it making fun of) Bitcoin when it crashed from $30 to $12 There are no K or 000 after those numbers. The price of Bitcoin on 12/31/2011 was $4.25 per Bitcoin
I don't know what that was all about. All I see is BTC holding a floor of 20K per. It tried to dip below 17K a month ago, and sproinged back to 20K. That is classic support action. If I saw that in an equity index I would be all over a long. Yummy yummy long. But Crypto action is a bit different from equity futures. If I could judge it? You have a great floor at 20K
August 5, 2022 Mr. Pekelo, how would you grade your list of points and prediction (re: Government actions towards Bitcoin) after 10 years?
Speaking of TSLA, it dropped almost $70 yesterday before recovering back into the close a little??? No news I can see but there is failure (twice now) at resistance. Closing lower than the previous 5 trading days:-
lol, explains why his pfp is a degen chart. Had a convo with someone at a coffeeshop who had $250k of BTC when it was at those prices. He admitted he panic sold and wanted to get back into it at some point. He was a outdoorsman living in the backcountry and hasn't paid attention to the news, basically unplugged from society for the last decade. It took a couple of repeats to convey it's recent highs and it's current price. The gears turning in his head as he calculated what his paper profit would have been, the look on his eyes as they glazed over,... don't think he'll ever recover.
That's gotta hurt bad. Very sorry for him, but it would be impossible for him to buy back in now A lot of Bitcoin haters on ET want to bring up price-anchoring using the top price of $69K, but it's actually fake bravado of sort Secretly, most of them are price-anchoring btc when the price was much lower They wish for btc to go back to $1000, $100, $10 or even less and every now and then one of them would slip and say they will buy a few when btc is at xxx For a bunch of "Elite" traders, they don't seem to grasp the concept of higher lows 86% of the people in 2017 bull market held from $20,000 to $3000, even when it looked like it was never coming back I very much doubt hodlers would capitulate during this crypto winter not after cashing out some profits in the past 2 years