Look back at past cycles
Bear market bottoms are messy
Months of rangebound, choppy price action
Stop thinking $BTC will V-shape reverse to new ATHs, because it probably won't happen like that
When the lows come, you'll have plenty of time to accumulate
Patience until then

BTC1.92%

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Kywboy:

To The Moon 🌕

Sonnenie

06-08 18:50

Why the bottom for $BTC is not in
Bitcoin's Realised Price is the average cost basis for all holders
Currently it is 53.6k
Bitcoin has NEVER bottomed in a cycle without trading below the Realised Price
2011 → BTC bottomed at $2.1, about 58% below the Realised Price of $5
2015 → BTC bottomed at $152, about 49% below the Realised Price of $300
2018 → BTC bottomed at $3.2k, about 47% below the Realised Price of $6k
2022 → BTC bottomed at $15.4k about 34% below the Realised Price of $23.3k
58%, 49%, 47%, 34% – see a pattern forming?
My prediction for the next Bitcoin bottom is the Realised Price m

BTC1.92%

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DragonFlyOfficial:

To The Moon 🌕

Sonnenie

06-08 13:12

Everyone wants to be a profitable trader
But not everyone is willing to put in the work
An outlier life requires outlier effort
Remember that

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Sonnenie

06-07 19:34

Mfers will look you dead in the eyes and tell you this chart is an easy long
$BTC

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Sonnenie

06-07 18:29

Not sure who needs to hear this
But liquidating your entire net worth multiple times is not "part of the process"
Or some kind of trading rite of passage
It's retarded & bad risk management
Guys telling you this are coping
Losses are inevitable, especially at the start
But that doesn't mean you need to lose 6 figs just to learn how to trade

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Sonnenie

06-07 15:33

Reality of sharing bearish takes on this app is that many will hate you for it
Because they want the market to go up all the time, and get angry at the idea that it won't
Permabulls will always get love because they sell hopium to the masses
Real ones know where the value lies

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Sonnenie

06-06 17:27

$BTC probably bottoms around 40k
And if you buy it then, you will probably make a clean 4-5X on your investment over 3 years
Do with this information what you will

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Sonnenie

06-06 16:38

Just so I have this straight
- For 4 years, anyone who understood how Orchard works could have minted infinite untraceable $ZEC out of thin air with no onchain signature
- The bug was discovered this week with a single sentence Claude prompt
- Token supply could theoretically be infinite, but the TX history is private so nobody actually knows
- We're supposed to believe that no one discovered or abused this exploit in 4 years
- And we're also supposed to believe that Zcash pumped 20X in the depths of a bear market for reasons completely unrelated to this multi-billion dollar vulnerability
What

ZEC-1.37%

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Sonnenie

06-06 15:22

I miss the "is $10m enough to retire" days on CT

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Sonnenie

06-06 11:43

2011 -94%
2015 -87%
2018 -84%
2022 -77%
2026 -70% (plus or minus ~5%)
$BTC will bottom between 31-44k
Sorry I don't make the rules

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Sonnenie

06-05 21:30

Holy fuck we are so back
$BTC

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Sonnenie

06-05 20:31

Ethereum summer ⚡️
$ETH

ETH1.19%

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Sonnenie

06-05 18:47

40k
800
30
20

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Sonnenie

06-05 18:30

Bull market

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Sonnenie

06-05 16:22

Happy new yearly lows to those who celebrate
$BTC

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Sonnenie

06-05 10:19

I have been vocally bearish from 80k all the way down
But if you are just flipping bearish now, you are late to the party
$BTC currently trading at HTF support
Maybe one more drop to take liquidity
Then complacency bounce to 70k
Trap the bulls (again)
Lower prices in Q3

BTC1.92%