Guess the bottom

Discussion in 'Crypto Assets' started by Ed48, Jun 20, 2022.

Your prediction

  1. $18k

    0 vote(s)
    0.0%
  2. $16k

    0 vote(s)
    0.0%
  3. $14k

    11.5%
  4. $12k

    15.4%
  5. $10k

    23.1%
  6. $8k

    3.8%
  7. $6k

    3.8%
  8. $4k

    0 vote(s)
    0.0%
  9. $2k

    3.8%
  10. $1k or below

    38.5%
  1. Ed48

    Ed48

    Sorry if you were expecting pictures of butts rather than "buttcoin". :D

    Anyway FWIW, my guess is $10k, which would make it just slightly worse than the 2018 bear market drawdown. And it's a psychological round number.
     
  2. maxinger

    maxinger

    Bitcoin investments will grow ‘immensely’: El Salvador president

    Monika Ghosh
    Mon, June 20, 2022, 1:57 PM


    In this article:
    • BTC-USD
      +8.10%



    [​IMG]

    El Salvador President Nayib Bukele took to Twitter on Sunday to reassure Bitcoin investors, claiming such investments are safe and will grow “immensely” after the bear market.

    See related article: El Salvador’s Bitcoin adoption, one week on

    Fast facts
    • “My advice: stop looking at the graph and enjoy life. If you invested in #BTC your investment is safe and its value will immensely grow after the bear market,” Bukele said on this verified Twitter handle.
    ___________________________________________

    Obviously, Bukele didn't see your posting.


    If he did, he would have stopped people from predicting how low it would go.
     
  3. SunTrader

    SunTrader

    A possibility (who really ever knows for certain, except in hindsight) that it was hit yesterday.

    Anyway price doesn't really care about BRN's (other than as minor stopping points), sheeple that listen to the cable TV talking heads do.

    True support and resistance only matters.
     
    Last edited: Jun 20, 2022
  4. Ed48

    Ed48

    BRN?
     
  5. SunTrader

    SunTrader

    Big Round Numbers.
     
    Ed48 likes this.
  6. Trader Curt

    Trader Curt

    Get that technical crap outta here...

    Just for fun I am going to say 15k because I believe Bitcoin will move along with the market until a strong buy zone has been met. And then just maybe, it will act as as a hedge against inflation and go to 5 million or something...
     
  7. SunTrader

    SunTrader

    Define that.
     
  8. Trader Curt

    Trader Curt

    Ok, it's a zone where there is a lot of buying
     
  9. SunTrader

    SunTrader

    So hindsight is your calling card.

    Got it.

    Bet a sell zone is ... where there is a lot of selling. Am I right, huh, huh?
     
  10. ElCubano

    ElCubano

    I often drive through a "Dead Zone" and lose signal on my phone. is this the same?
     
    #10     Jun 20, 2022