PicolasCage

79k bitcoin:native i'm just supposed to what? Go to bed.

This week, Bitcoin goes?

Pretty massive ahead for $BTC with all things considered.
New attacks on Iran are not ideal.
BTC fakeout yesterday also not ideal.
Clawing its way back up today is ideal.
Personally I don't think we get $75k, just feels too easy and favourable for the market.
We've had numerous bad news from Friday - Monday. Jackson Hole was hawkish and raises the worry of hikes in September.
Brent crude oil pumped on new Iran fears and attacks.
Solana based NEO banks got hacked so users were losing funds.
Really quite a bad set of news events + the ability to maximise this with an illiquid weekend - but we ha

Fuck me boys I'm up bigly

Is it finally time? $BTC

If $45k is the ultimate bears bottom in a bear market, that's a -45% move from here
Bitcoins ATH is only +61% away from here
I don't think it makes much sense to be a bear here.

I think a lot of people got caught off guard with this recent move which they do acknowledge is a strong move - but they're a bit too jaded to simply buy here at $78k so they're waiting for like $75k or $70k...
At which point the original move they were interested in has actually come and gone and now the trend looks weaker and probably not worth bidding.
It's a tough one.

If prices keep moving up I'm going to long $TIA because fuck you 2025

I don't know how to get exposure to Robinhood and at this point I'm too afraid to ask.
Same for NFT's.
Actually not a joke post.

Is there a single person who isn't wait for a 'dip to $75k'
So either we go to $70k and trap people or we just get continuation and leave everyone mad and offside.

$ZEC is green 👀

Obviously at some point we will get a pull back.
But I think it will honestly be more like 93 or 97k because by that point everyone will be completely convinced we're going for ATH and it's definitely a bull market and everyone needs to buy under 100k and before new ATH.
Then they'll dump that shit to kill morale and liquidated late longers.
You might get a dip here - but a significant retrace feels unlikely to me.
Tbh Jackson Hole meeting was not bullish (hawkish rhetoric).
S&P500 was -0.25% on the day after some whiplash PA.
Bitcoin also had some whiplash PA, right under heavy resistance + a

The euphoria on the timeline surrounding Bitcoin dropping 3% after pumping 27% is extremely telling.

Nothingeverhappens.exe
Resume the pump.

Solana and Bitcoin moving in tandem again, is it 2024?

Above $80k we start squeezing shorts.
Fuel for the fire.