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Started By
Message
Bitcoin is dropping like a rock. Down to 99,200
Posted on 11/4/25 at 7:20 pm
Posted on 11/4/25 at 7:20 pm
Look out below
This post was edited on 11/4/25 at 7:26 pm
11
Posted on 11/4/25 at 7:24 pm to The Fed
So what is the next support level? I have been wanting to pick up some more.
Posted on 11/4/25 at 7:29 pm to GREENHEAD22
quote:
So what is the next support level?
support level
You say that as if there is any rhyme or reason why it should be 100k vs $1.
Bitcoin has no value other than what the next sucker is willing to pay for it.
Posted on 11/4/25 at 7:29 pm to The Fed
It’s a volatile asset, but I think you would be a fool not to have one percent of your portfolio in it.
This post was edited on 11/4/25 at 7:33 pm
Posted on 11/4/25 at 7:30 pm to GREENHEAD22
If it doesn’t regain the 50 SMA around 102K then the 100 SMA is in a strong uptrend at 82 K. Under that there is strong support in the 75-80K range
Posted on 11/4/25 at 7:35 pm to FredsGotSlacks
quote:
Under that there is strong support in the 75-80K range
Strong support level 50k lower than it was a month ago
What a great asset !
I don't know how anyone takes this shite serious.
Posted on 11/4/25 at 8:05 pm to The Fed
Great Depression is coming. Sell everything to prepare!
Posted on 11/4/25 at 8:17 pm to The Fed
Price is irrelevant. Tether stopped printing tether bucks recently. They can manipulate the price up and down as they need to free up liquidity on these exchanges.
Once new bag holders come into the system im sure tether will mint a few billion to start the cycle over again
Once new bag holders come into the system im sure tether will mint a few billion to start the cycle over again
Posted on 11/4/25 at 8:34 pm to The Fed
quote:
don't know how anyone takes this shite serious.
Well WikiTiger is snorting coke off the breasts of European goddesses.
Posted on 11/4/25 at 9:20 pm to The Fed
quote:
Bitcoin has no value other than what the next sucker is willing to pay for it.
Can you tell the difference between a $20 bill and a $5 bill in the dark?
Posted on 11/4/25 at 9:24 pm to The Fed
quote:
Strong support level 50k lower than it was a month ago What a great asset ! I don't know how anyone takes this shite serious.
Well the price was fairly extended after a nice run up so it was bound to move back towards support. Nothing goes up forever but I wouldn’t bet against bitcoin over the long term and I say that as someone who just trades it and owns zero right now
Posted on 11/5/25 at 5:37 am to The Fed
quote:
Strong support level 50k lower than it was a month ago What a great asset ! I don't know how anyone takes this shite serious.
Go look at the Standard Lithium chart lol
Posted on 11/5/25 at 7:40 am to weagle1999
quote:
Can you tell the difference between a $20 bill and a $5 bill in the dark?
Do you count your money in the dark?
Posted on 11/5/25 at 7:44 am to KWL85
quote:
Do you count your money in the dark?
Lmao got em!
Posted on 11/5/25 at 7:59 am to The Fed
quote:Bookmarked. It's always funny seeing these posts on the dips and in the bear market.
Strong support level 50k lower than it was a month ago
What a great asset !
I don't know how anyone takes this shite serious
Posted on 11/5/25 at 8:17 am to The Fed
quote:
Bitcoin has no value other than what the next sucker is willing to pay for it.
There is no fiscally sound reason to own crypto that I have ever found.
Posted on 11/5/25 at 8:22 am to CastleBravo
quote:Ok boomer
There is no fiscally sound reason to own crypto that I have ever found.
Posted on 11/5/25 at 8:28 am to FredsGotSlacks
quote:
Well the price was fairly extended after a nice run up so it was bound to move back towards support. Nothing goes up forever but I wouldn’t bet against bitcoin over the long term and I say that as someone who just trades it and owns zero right now
Have not participated in crypto to date, and will not ever be a serious crypto investor, but am considering trading it a little at these levels. Some good analysts believe bitcoin will exceed $150k in 2026. I am a real estate investor and have sold buildings and land at prices that I would never pay myself. I make money because others are willing to pay the price. I see a similar opportunity here. I don't think bitcoin is worth $150k, but believe others will. So it feels like a profitable trade at current levels.
Posted on 11/5/25 at 9:25 am to The Fed
Makes no sense for it to drop in the current environment.
Posted on 11/5/25 at 9:27 am to FredsGotSlacks
quote:
Well the price was fairly extended after a nice run up so it was bound to move back towards support.
So what was the impetus for the price run up and what’s changed?
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