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2
Posted on 3/4/24 at 7:44 am to QboveTopSecret
Less than two months from the halving, and monthly RSI is hotter than normal when compared to historical data. Either we dip ~30% real soon, or this time really is different.
Posted on 3/4/24 at 7:56 am to BottomlandBrew
ETF is a big wildcard, but pullbacks are healthy, and much needed right now. This cycle could be one for the ages tho.
Really hope it's not left translated, although I'm preparing for that being a possibility.
Really hope it's not left translated, although I'm preparing for that being a possibility.
This post was edited on 3/4/24 at 7:57 am
Posted on 3/4/24 at 8:18 am to BottomlandBrew
I took some profits at 60k, so go ahead and assume it's about to rip
Posted on 3/4/24 at 8:18 am to FnTigers
Posted on 3/4/24 at 8:23 am to boomtown143
I read a good twitter post over the weekend.
Essentially, we are about to blast through ATH and normies are still acting like we're at 30-35k.
Essentially, we are about to blast through ATH and normies are still acting like we're at 30-35k.
Posted on 3/4/24 at 8:46 am to BottomlandBrew
Yeah, we are way way way too hot right now. I literally will not sell until I am 50 but if i was a short term trader i would be selling here.
Posted on 3/4/24 at 8:57 am to I Love Bama
quote:
Yeah, we are way way way too hot right now.
ETF demand has turned the bull market 20% dips we're used to into horizontal dips. New York Community Bank is going to go t!ts up this week or next. That'll be a good test for how uncorrelated it has become. Will the negative correlation we saw last March hold? Getting greedy here but what I'd really like to see is NVDA sh!t the bed, NASDAQ waterfall, sh!tcoins crash and btc not flinch, lol. It'll happen one day.
Posted on 3/4/24 at 8:59 am to QboveTopSecret
quote:
The global crypto market cap is $2.43T, a 4.01% increase over the last day. Crypto is burning Hot.
So now is not the time to put part of the annual bonus into Bitcoin then
Posted on 3/4/24 at 9:00 am to Art Blakey
My thesis is we will keep having these large boom and busts until the average person understands the asset class.
We are still 5-10 years away until the average person gets it.
I mean hell, only 5% of Money Talk understands it and they are 20 IQ points over the average person.
We are still 5-10 years away until the average person gets it.
I mean hell, only 5% of Money Talk understands it and they are 20 IQ points over the average person.
Posted on 3/4/24 at 9:24 am to I Love Bama
quote:
My thesis is we will keep having these large boom and busts until the average person understands the asset class.
We are still 5-10 years away until the average person gets it.
I mean hell, only 5% of Money Talk understands it and they are 20 IQ points over the average person.
I think that's probably right. There will be a lot of blood spilt the day these etf inflows turn to outflows. That said, I think everyone is still underestimating how bonkers this run could get. I'm not going to put a top target on it but I'm kind of assuming the next bear market low is six figures.
Posted on 3/4/24 at 9:34 am to Art Blakey
quote:
I'm kind of assuming the next bear market low is six figures.
Posted on 3/4/24 at 10:18 am to someone35
quote:
So now is not the time to put part of the annual bonus into Bitcoin then
Eta: My bags has been packed for awhile but I don’t mind a big flush to possibly add more.
This post was edited on 3/4/24 at 10:33 am
Posted on 3/4/24 at 10:37 am to Odinson
quote:
Eta: My bags has been packed for awhile but I don’t mind a big flush to possibly add more.
Will there be a flush? Probably. But bull runs are notorious for not letting people in and forcing participation at higher prices.
Posted on 3/4/24 at 10:41 am to RATeamWannabe
quote:
I'm kind of assuming the next bear market low is six figures.
Just following historical trends, every cycle a zero gets added to the bottom. The top of the last cycle was chopped in two imo by the mining migration from China, SBF, Mashinsky and assorted sh1tcoin shenanigans but the bottom still firmly held five digits.
Posted on 3/4/24 at 10:44 am to MrSpock
The flush may be after 100k, who knows. I know a lot of people who was waiting for the dip to low 30k right after the ETF launch and missed out.
Posted on 3/4/24 at 11:15 am to I Love Bama
It's been such a a fantastic week. Trying to hold and not sell but this is tough SHIB, BONK, POLY, DOGE, ETH, BTC all rolling
This post was edited on 3/4/24 at 11:33 am
Posted on 3/4/24 at 11:51 am to Falco
coinbase is down for me again
Posted on 3/4/24 at 11:57 am to RATeamWannabe
quote:
coinbase is down for me again
They can't let you sell before the big correction
Posted on 3/4/24 at 12:10 pm to RATeamWannabe
quote:
coinbase is down for me again
Same same .
Showed i had a zero balance, just like last week, except this time the error message said ‘A small percentage of users may have been affected’.. then i refreshed and it was back again to normal lol.. get it together Coinbase .
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