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Crypto bottoms when we have our next "world event" similar to covid pandemic
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[quote:Anonymous Coward 16242016:MV81Mjc0MzUyXzk4NjI1Njc1XzQzOEUzNTNC] here's why i think we may have two major crashes left for crypto. crypto follows the stock market despite whatever you guys want to think. the s&p500 seems to me to be following 2001 exactly right now. [imgur]https://imgur.com/aHJSjem[/imgur] white arrow on the left is where i think we are relative to today's price. white arrow on the right is today's price under that 100 week moving average. yellow arrow on the left was when that white 100 week moving average fell below the yellow 200 week moving average. that is called a "death cross." That deathcross was the final crash. you can think crypto survives this all you want. i'm telling you that it wont. crypto will crash twice exactly like this if the stock market crashes like this. happy hodling. i'm almost definitely waiting for 2024. the more and more i think about it, i'm waiting until 2024. [/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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