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Crypto bottoms when we have our next "world event" similar to covid pandemic
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[quote:Anonymous Coward 84999623:MV81Mjc0MzUyXzk4MDg0OTcwXzFDRUQxQTUw] [quote:Mr Cheese:MV81Mjc0MzUyXzk4MDgzNTUyXzU0MThEODIz] [quote:Anonymous Coward 84999623:MV81Mjc0MzUyXzk4MDgzNDA0X0MxQ0VFMzY0] [quote:Mr Cheese:MV81Mjc0MzUyXzk4MDM0OTU4XzU3RDBDMUYx] IMO, i'm highly suspicious of a crash in january 2023 right now. If it does crash then i'm hoping bitcoin won't go below 8k. I really don't want it to go lower than that. If it does crash, just be patient to buy stuff. I might actually buy 8k but i will be super patient. Probably won't buy until the end of january if it does crash. ~~~~~~~~~~~~~~ 14k bitcoin is very possibly coming by end of december. Or may not happen until march. This is not the bottom. 14k is going to get annihilated. This may take until march 2023. I still think it's possible it happens in the 3rd month of the fiscal quarter. So technically, i may not buy crypto until end of march 2023. Just be patient guys. [/quote] 10% of bitcoin network declared bankruptcy last week. https://www.coindesk.com/business/2022/12/21/core-scientific-one-of-the-largest-bitcoin-miners-files-for-bankruptcy-protection/ so that's prob over 20%+ down now in six weeks. At $17k most miners are still losing money and I doubt the remainder can absorb capacity at a profit. . [/quote] all this has to mean is that the miner capitulation is coming. which would be the crash to 9k i'm hoping to see. it doesn't have to be the end of crypto [/quote] im only watching bitcion. i cant imagine crypto will die but bitcoin death could easily take out some big exchanges. [/quote]
Original Message
15.6k is not the bottom.
Crypto will bottom when we repeat the march 2020 "covid pandemic" market crash. Politicians will use this "emergency" to begin their money printing and cause assets to begin their bullrun.
We are not bottomed yet.
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Original first post below
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Thought I would log in under my account because my last post was as an anonymous coward.
Anyways.
I told you xrp would dump at 1.70 last year down to 50 cents. I was perfectly correct while you all flamed me for months.
I told you 69k was the top for bitcoin and you all flamed me for months.
I told you 48.2k bitcoin would resume the bear market due to a bearish gartley harmonic, along with hidden bearish divergence on the daily RSI, classic bearish divergence on the daily macd, 3day RSI trendline resistance, 400 day moving average resistance and 200 day moving average resistance. I told you this on march 29th the DAY bitcoin hit 48.2k. If you can't tell, i'm fucking proud of this one. Told you bitcoin would come down to 20-24k back then.
And i've told you that we are not bottomed yet. I told you 17.5k was not the bitcoin bottom. I told you multiple times.
This won't bottom until everyone is hopeless.
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