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Bitcoin down 15k since the White House Crypto Summit. Stock Futures are also down.

Posted on 3/9/25 at 5:21 pm
Posted by Dumpster Diver
Member since Mar 2025
153 posts
Posted on 3/9/25 at 5:21 pm
Bitcoin down over 20 percent from 52 week high.


This post was edited on 3/9/25 at 7:25 pm
Posted by meeple
Carcassonne
Member since May 2011
10774 posts
Posted on 3/9/25 at 7:06 pm to
quote:

Dumpster Diver

1 Post


Checks out
This post was edited on 3/9/25 at 7:07 pm
Posted by jefforize
Member since Feb 2008
45624 posts
Posted on 3/9/25 at 7:14 pm to
Welcome back.
Posted by Big Scrub TX
Member since Dec 2013
38260 posts
Posted on 3/9/25 at 8:14 pm to
quote:

Checks out
Yes, you ignoring the content of a post certainly checks out.
Posted by PUB
New Orleans
Member since Sep 2017
20621 posts
Posted on 3/9/25 at 8:17 pm to
System about to crash under Trump. Going to bankrupt the US and drive the world into the greatest depression.
Oligarchs and their serfs …
Posted by UltimaParadox
North Carolina
Member since Nov 2008
50822 posts
Posted on 3/9/25 at 8:33 pm to
BTC price action is irrelevant up or down, tether can just print another billion out of thin air to move it which ever way 150B and counting.

Worrying the day to day fluctuations of crypto securities is pointless.

Either you have insider knowledge before the pump and dump or you do not. When you are trying to fleece retail you need big price movement any direction. Flat and constant is the death of crypto
This post was edited on 3/9/25 at 8:35 pm
Posted by DrrTiger
Gulf of America
Member since Nov 2023
2316 posts
Posted on 3/9/25 at 8:36 pm to
quote:

System about to crash under Trump. Going to bankrupt the US and drive the world into the greatest depression.


The S&P 500 is down about 6% from its highs.

Did you miss 2022 when it was down about 25% under Biden?

Drama queens.
Posted by hawgfaninc
https://youtu.be/torc9P4-k5A
Member since Nov 2011
52471 posts
Posted on 3/9/25 at 9:16 pm to
Wonder how much the globalists owned prior to the downturn
Posted by dgnx6
Member since Feb 2006
85452 posts
Posted on 3/9/25 at 9:50 pm to
More like tds.

Dumbasses talking about oligarchs but lined up and took their shot and shopped at their stores during Covid.

Just like the clapping seals they are.

Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
40112 posts
Posted on 3/9/25 at 10:43 pm to
It's over. Last one out hit the lights.
Posted by SlidellCajun
Slidell la
Member since May 2019
15780 posts
Posted on 3/10/25 at 9:44 am to
So what factors are coming into play now to cause bitcoin to “crash” from 106,000 to 80,000?

Shouldn’t it be outperforming the stock market under these circumstances?

And for the poster who are most suppportive of bitcoin- are you loading up?
Posted by tigerbacon
Arkansas
Member since Aug 2010
4450 posts
Posted on 3/10/25 at 10:57 am to
it always pull back before it takes off again. Im seeing pull back to 75k and then jump up to 125k by year end
Posted by Dawgfanman
Member since Jun 2015
25753 posts
Posted on 3/10/25 at 11:13 am to
quote:

Im seeing pull back to 75k and then jump up to 125k by year end


Give 3 points on which this vision is based?
Posted by tigerbacon
Arkansas
Member since Aug 2010
4450 posts
Posted on 3/10/25 at 11:19 am to
So my friend does a lot of bitcoin research and heavily invested. He told me this a month ago and Bitcoin basically has followed his prediction exactly
Posted by tigerbacon
Arkansas
Member since Aug 2010
4450 posts
Posted on 3/10/25 at 11:25 am to
he said look at the trends of bitcoin since its creation. It always does this
Posted by SlidellCajun
Slidell la
Member since May 2019
15780 posts
Posted on 3/10/25 at 12:09 pm to
quote:

it always pull back before it takes off again. Im seeing pull back to 75k and then jump up to 125k by year end


Mmm

It always pulls back before it takes off. So you peg the current pull back to 75,000 but how do you assess that as a sustainable number?
And when it if it hits 75,000, are you loading up?
This post was edited on 3/10/25 at 12:11 pm
Posted by fareplay
Member since Nov 2012
6262 posts
Posted on 3/10/25 at 12:13 pm to
Biden also didn’t specify he will bring stock market and economy up as a primary focus. Trump ran on this
Posted by tigerbacon
Arkansas
Member since Aug 2010
4450 posts
Posted on 3/10/25 at 2:09 pm to
I own zero bitcoin personally.
Posted by 03 West CoChamps
Member since Sep 2024
600 posts
Posted on 3/10/25 at 7:36 pm to
quote:

it always pull back before it takes off again. Im seeing pull back to 75k and then jump up to 125k by year end


I tend to agree with this.

BTC was operating in a channel from its bear lows in Oct 22 until it popped out extreme top side for good in Sept 24. BTC ETFs and supply crunch on exchanges created a situation that we had never seen before.

The last 2 cycle high trend line was touched at 108k.

Countries including the US and institutions are talking about buying and holding BTC creating an even more extreme supply shock.

The top of the Chanel that I talked about earlier is about 72k ish. I think we get that touch and a bounce.

ETH and alts have still not run this cycle. Usually BTC runs then profits from BTC gets placed into ETH and alts and creates the bull market we all know and love. This has not happened yet.

I feel like this is marker makers shaking out retail before it runs again. This cycles BTC has run alongside the traditional markets due to institutions being so involved in crypto trading. I think we see a bottom around 70k then a slow climb that will gain momentum and pop again. Probably led by ETH this time.
Posted by CatsGoneWild
Pigeon forge, Tennessee
Member since Jan 2008
14739 posts
Posted on 3/10/25 at 7:43 pm to
I’m waving goodbye to all my money today. Absolute bloodbath
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