Crypto bottoms when we have our next "world event" similar to covid pandemic

:rere23:

Read the list by the French flag, you fucking idiot.

How about multiversx egld?

Hi Cheese!

There is a lot of logic in being contrarian.

I'm still not completely convinced this isn't some sort of exit pump or such and the whole Stablecoin thing bothers me, but they are what they are.

Our struggle is to figure out how to trade what it is.

I'm sort of at a crossroads - my original trade plan has gone essentially as anticipated (although much faster than expected) and I'm waiting to see how the market will go next.

https://imgur.com/a/oo1R7wy

The flow of Stablecoin cash has been my primary signal and as it's now down along the lower support trend I'm waiting to see how it reacts. If it continues with the pattern, it should go back up again, signaling lower prices. If it breaks down, the pattern is invalidated and it is likely we are going into a more bullish period (for however long that may be).

https://imgur.com/a/wENEPgs

Stepping back to the weekly BTC:USD chart and looking at the RSI & MFI, the market is not oversold at all and the MA's indicate we can see the new likely resistance zone and target price if we continue up (~$24500).

I'm still in the same longs as from two weeks ago and still going to go with the idea that we may catch some FOMO and things will continue to pump. However, I have adjusted my trailing stops closer now to preserve more profit.

Your idea to look at the newer Alts that haven't had a good pump cycle yet is a good one, ICP/APE will be on my list to look at!

Last Edited by nemo_solus on 01/15/2023 08:57 PM

So far mescal annon has been right on the money with 15600 so until that is destroyed, he is the new CryptoGod of Godlike :P

yes, he is, for now. and that 17.5k bitcoin bottom guy (Name started with a "T" i think? Nice guy. I liked him. i think he disappeared.) was the crypto god for 5 months while i kept telling everyone 17.5k was not the bottom over and over and over and over. Took me 5 months to be right about 17.5k not being the bottom.

Or maybe i'm right and the markets are just moving way...slower... than we all... think... they are... .... ... moving. Still don't think it's possible it can bottom until it goes down to at least 10k area. I'm still leaning towards the 8k area. Specifically, still looking at 8900$. Maybe this drags on until end of 2023.

Still think it's possible it bottoms october 13th 2023 on the Solar Eclipse new moon. I really think that's just so unique that bitcoin is gravitating towards it. Bitcoin loves to bottom on full/new moons. Bitcoin usually bottoms around the 11th of a month.

economist cover forecasting the 2023 year...

[imgur] [link to imgur.com (secure)]

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at the very bottom of that picture?

[imgur] [link to imgur.com (secure)]

Looks like a solar eclipse to me.

You know that ^^^^ those assholes loves to cryptically tell us what is going to happen in their magazine covers.

Myself, I'm worried that Nitrogen is depicted as the star of the tree...

The whole business of "Nitrogen emissions" regulation and Nitrogen fertilizer shortages (aka food shortage) as a means of increasing control of the population is really scary stuff.

Not sure what is going on with the picture of the head on the left side. Looks like a stomach superimposed on the head - maybe food will be on our minds? Or, we'll have to swallow/digest what ideas they are feeding to us?

The birds among the stars over the tree looks a lot like SpaceX Falcon Heavy rockets.

Since this is a Crypto thread, I'll also mention that the diamond looking shape in the center of the tree trunk looks a lot like the Ethereum logo ...

Last Edited by nemo_solus on 01/15/2023 10:28 PM

[imgur] [link to imgur.com (secure)]

Maybe, but since they were shown as birds (birds fly) and amongst stars, the rocket seems more symbolic to me.

Maybe we're sending Ukrainians to the stars? Or giving them orbital capable rockets ... Or more Starlink capabilities...

Last Edited by nemo_solus on 01/15/2023 10:50 PM

maybe those are ukrainian rockets and they're heading towards that nitrogen/atomic explosion at the top of the christmas tree?

seems like ukraine missile doom to me

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nemo, i'm still not sure what's happening. i mean yeah it's going to go lower eventually... but i'm not 100% how, yet.

this is still my best guess.

[imgur] [link to imgur.com (secure)]

yellow moving average is the 200 week moving average
white moving average is the 50 week moving average

both are two very very very important and traded moving averages...

notice that bitcoin has never been under the 200 week for this long. notice also that the white(50 week) has never gotten down to the yellow (200 week).

well those two moving averages converge on the recent high of 25k... and they do it in mid february.

this entire thing STINKS of the months before the march 2020 covid crash to me right now. i continue to make the case that we are repeating the 2020 bottom. i continue to say that i think we are about to do a plandemic 2.0/lockdown/(maybe riots). I strongly think it's about to be 2020 all over again.

If we are repeating 2020... that means that 9500-9700$ is the bottom and that it happens around march 13th, 2023. Still think that's my best guess right now.

two things that makes this interesting... is this shows bitcoin making a major top in march 2024... and making the final top in november 2024.

everyone expects a crash in march 2024 because of it being the march before the next u.s. election and the fact that bitcoin often follows a 4 year cycle. i believe that's wrong. i believe that the final crash may be coming... in about two months.

topping markets on the day we elect the next president(november 2024) would be the best way for democrats to get votes. i do believe that's how/why they manipulate markets.

create voter euphoria on election day with all time high markets. VOTE DEMOCRAT HARDER GUYS. and then tank the markets again basically as soon as the elections are over.

Ripple CEO is speaking at Davos this week, they are the most well connected company in the space with decentralized software & nodes all over the world, even one in Antarctica


Eth, BTC are okay for a small returns, but were a much better investment 7+ years ago. TA & charting are innacurate because the small crypto "market" is manipulated & trading bots run it all,

The real life-changing gains will be made with the adoption of utilizing real world applicable asset tokens such as XRP, XLM, XDC once they go live & are being used- following regulations.

Banks, retail will not touch BtC or Eth with a 100 mile pole, as there are too many cons- can't scale, power usage, high fees, too slow, far too volitaile to be a 'store of value' etc.

let me be clear... i have been the biggest xrp hater since 1.70$ on this forum. it has nothing but gone lower and lower since i've been calling it a bear market for xrp...

if bitcoin crashes to 9500/9700 like i think it might mid march 2023...

and as long as xrp does NOT go below 11 cents in march 2023...

xrp really might have the bull market that ethereum had last year. 2023/2024 really might be the year of xrp.

if that does happen you will see me become a big xrp fanboy, along basically every other crypto... but xrp could come up to 10$ or 15$ or so. i don't think it'll go much higher than that.

XRP will not go to 589, or 10,000, or some other ridiculous price.

Nemo, bitcoin currently at 21,284. It's jan 18th right now. I really want to see a small pop up to 22k or so and then a violent drop down to 20k. I'd like to see that happen by jan 21st.

If we see that happen? Then i am increasingly suspicious that this will be the left shoulder of a giant head and shoulders that will take us down to 9500/9700 in mid march 2023. That is EXACTLY what happened before the covid crash in march 2020.

Still think 25k is the top and think it happens around mid february right now. I think that the 200 day moving average will be support (just like you suggested as a possibility a few days ago) and i think that happens in about a week or so in the 19.8k-20k area.

Really excited man. If this left shoulder materializes then i will have to make a bitchute to announce this to the world. It's that important. This is more than just crypto for me. I believe I see the future tyrannical global event to be happening in mid march 2023.

I may be crazy and that may not happen... but right now I am as confident as I can be without really having any evidence that we will have a major global event in mid march.

9500-9700$ final crypto bottom mid march 2023 is my thoughts right now, as long as this continues to follow.

For anyone curious, the arrow on the left is where i think bitcoin is today in comparison to 2020 before the covid crash. the big circle on the bottom is the march 2020 covid lockdown crash.

this is what i think is coming right now and at the moment i think this is the final bottom before the bullrun really starts.

9500-9700$ in mid march 2023.

[imgur] [link to imgur.com (secure)]

if this happens, then it is the bottom for all crypto. ALL OF THEM. If this happens, follow my thread. I'll tell you when to sell. If this happens? Bitcoin makes it final last top on the presidential election day in the u.s. in 2024. November 5th, 2024.

Guessing bitcoin tops in the 150k area in 2024 (if this crash actually happens).

Shiba Inu making a nice run for over a week and still going strong.
Up over 20% today

if my theory is right that we are repeating the covid crash, then all coins will go up until feb 13th-ish and make their respective tops. keep feb 13th in your mind. that's when i'm thinking it reverses down right now

This is just a normal dead cat bounce as have always shown up in this cycle of the market. Not a good short term price to buy, but a good long term price(5+ yrs)to scoop some crypto.

We will be heading back down within the next 72 hrs. This rally was instant and without a catalyst. ETH back to 1k and below in short order

march 2024 is when the coin halving will probably happen,
cutting miner income in half. 330k annual coins to 165k.

if whales get the price into $30k - $60k, it puts miners
into positive cashflow until goes negative again by halving
the income. and bitcoin should be sucking about $200
terawatts by then.

like i said, bitcoin dies in its current state, it's
guaranteed at this point. energy use is exponential
while income halves at regular intervals. dead. just
a matter of time.

i agree. it was a desperate attempt by a current holder
to spark a FOMO rally based on their position and sentiment
readings they think they can exploit and sell into.


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if this bullrun actually happens then it is the last one i will be involved in crypto. i agree with you that... this shit can't last forever. I also think that eventually it will all go to nearly zero. Eventually.

i'd like it known that i'm anticipating the next halving (may 2024) is going to crash the market (it has never crashed the market before). i don't think the next halving will be good. i'll sell in march/april 2024. Because again... i agree with you that this shit can't last forever.

Like usual, your interpretative skills need work- I was talking about utility, not price. Prices are irrelevant as digital software gets adopted then used- the speculative projects will all die, anything mined, anything hooked to Tether (printing chinese commercial paper) it's a big, ugly, corrupt, centralized waste of electricity.

You still don't get it, do you?

it's such simple math

1.77 million coins left @ $21k = $37 billion of income

Bitcoin network uses $15 billion in energy, growing $17k
per year of cost.

it can't work.

period.

This guy gets it
Miners are getting liquidated & it is more expensive than worth it to mine, more profitable to sell their graphics cards & PC components & get out while they still can

No, lightning network will not fix anything, it just doesn't scale. It cannot handle transactions, network gets clogged, high fees render it useless. Zero use case, utility or value- just another ponzi scheme

It was never meant to succeed, bItcoins job was to
introduce the ideas of digital value/currency & blockchain to the public to prime them before CBDCs & the useful digital assets bring in the new digital financial system which the banks have been building behind the scenes for decades

CTO of Ripple david schwartz first blockchain patent goes back to 1988, he worked at the NSA- it's all planned out

Since its job is done, Btc will be put out to pasture. You are trying to make gains on some antiquated tech while the future is staring you in the face...

correction. 17% energy increase which must rise if
bitcoin adds users.

its an n x (n-1) function.

at 200 million wallets, each new user adds 200 million
transactions because every wallet must talk to every
other wallet about every transaction.

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