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Crypto bottoms when we have our next "world event" similar to covid pandemic
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[quote:nemo_solus:MV81Mjc0MzUyXzk4MzM0ODYzXzZDNzk1MzIz] [quote:Mr Cheese:MV81Mjc0MzUyXzk4MzMyNDYxX0FFMDY5NEI3] nemo i know i said i wouldnt buy anything but gala just looked insanely good a couple days ago at .024 ... and gala is up to .03305 right now. gala went up 50% yesterday and my trade is up like 500% right now.[/quote] [imgur]https://imgur.com/a/MKrvYhk[/imgur] Yes, Gala has been doing especially well, fortunately it's been a long time favorite of mine and was in the list of longs I went into back on the 4th. Really, just about any reasonable Alt will probably do well as they have been beaten down so much the last few months. Also picked up APE, SUSHI, DOGE (for the Elon effect) and AVAX and a few others too. As I was looking to limit my cash exposure, I went with the 3x leveraged tokens on these instead of the native tokens themselves. Cash continues to pick up the pace of flowing back into the market, but the question is for how long and by how much? My best guess at this point is that it will only go to the low support of the pattern, but that should still be a nice little run. [imgur]https://imgur.com/a/SK75jDI[/imgur] BTC itself is also doing well, but watching for what happens sometime in the next day or three as it begins interacting with the upper pennant trend line and/or the upper resistance zone. [/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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