Bitcoin: put your limit buy orders at 34000

This is about GOLD miners. You have to talk with Peter Schiff about this, not with me.

IS IT HAPPENING?!?!?!

ghehe

to be fair the market looks like its on his decline and as if the bull market is over for a couple of years.

wonder what the bottom will be this time.

would be cool if there would be a second boom for this run.

We never had a rounded top at the end of a moon phase, people learned from the previous bull runs and began selling early, so everything might be different this time. Especially the post moon crash might not be so deep since the moon top was not so extreme and short.

The only constant you can always rely on is that Bitcoin is an eternal longterm bull, just like precious metal.

Last Edited by Bernd on 05/31/2021 06:14 AM

What is a rounded top at the end of a moon phase?

We did have a peak around half way april that weve been going down from sice.

Either way it should go up again in the future.
maybe this year. maybe in a year or 2?

also btc is at 36000 right now. not much to call moon?

Last Edited by T-Man on 05/31/2021 06:14 AM

dont buy that chinese communist centralized crypto BITCHES

If you compare them with previous major bull cycles the price action at the top looks totally different this time. It is missing the final extreme green candle where retail traders went crazy and it went up another 2x on top of the already overbought levels.

This time it was much more calm and stretched out in time. This might also make the subsequent drop much less severe. It might dampen the overall volatility quite a bit if price action is missing these ultra extreme spikes.

Traders are anticipating these price moves and are trying to front-run it, sell before others are selling, buy before others are buying. This will in turn dampen the volatility. Eventually Bitcoin will become as "boring" as Gold.

Last Edited by Bernd on 05/31/2021 06:28 AM

when you talk about previous major bull cycles..
how many have there been? id say 2 but really it looks like it has only been 1? 2014-ish, 2018 and now 2021

Thanks for the info :)

three at least: 2011, 2013, 2017
see here:
[link to www.tradingview.com (secure)]

sheeeeshh
when you realize the first bull run was in cents. and now its in 10k's

ps the peak of the bull runs seems to level out too.

I entered the roller coaster ride in 2012.
I am fully aware of this and I appreciate it to the fullest :-)

why are you still posting on here instead of living the life of a billionaire? :D

I believe Bitcoin is going MUCH, MUCH lower than $34k.

I do not believe the "to the moon" part. How many fucking times have we heard that before?

It has never failed! Each bull cycle has been a huge success and brought us one step closer to the moon!

We’ll see you at 20. I may even offer you a tampon - maybe get your anal bleed slowed down some.

Those who still refuse to understand are doomed to stay on the sidelines once again. Their hateful remarks when they look at the successful hodlers of true money while being filled with the bitterness of self-inflicted missing out are becoming more hilarious by the day.