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Will the Bitcoin selling start accelerating?

Posted on 2/5/26 at 1:07 pm
Posted by Rankest
Alpine
Member since Aug 2025
297 posts
Posted on 2/5/26 at 1:07 pm
And if so, at which level do we get the proverbial "Dead Cat Bounce" ?
Posted by Pimphand
Member since Sep 2021
4579 posts
Posted on 2/5/26 at 1:10 pm to
I have had $35k pegged for October 2026 for a while.

If you have Cryptos on the exchanges it is definitely time to get them off the exchanges and on to your cold wallets if you intend to keep them.

FTX, Mt Gox, etc are likely to happen if this keeps up.
Posted by TrueTiger07
Madison, MS
Member since May 2007
3106 posts
Posted on 2/5/26 at 1:15 pm to
I’ll drop 250K on BTC if it goes to 35K.
Posted by beaverfever
Arkansas
Member since Jan 2008
35749 posts
Posted on 2/5/26 at 1:25 pm to
As soon as the selling stops being a falling knife I’m going to grab a chunk.
Posted by Rankest
Alpine
Member since Aug 2025
297 posts
Posted on 2/5/26 at 1:27 pm to
quote:

I’ll drop 250K on BTC if it goes to 35K.


Posted by philly444
stuck in contraflow
Member since Nov 2008
12354 posts
Posted on 2/5/26 at 1:29 pm to
Same
Posted by beaverfever
Arkansas
Member since Jan 2008
35749 posts
Posted on 2/5/26 at 1:33 pm to
I think this goes back to the 10/10 event. Someone got backwards and has been barfing coins ever since IMO.
Posted by 22jctiger22
Member since Apr 2013
525 posts
Posted on 2/5/26 at 1:48 pm to
quote:

Will the Bitcoin selling start accelerating?


I certainly hope so. I’m ready for the tulips to die.
This post was edited on 2/5/26 at 1:53 pm
Posted by Big Scrub TX
Member since Dec 2013
38961 posts
Posted on 2/5/26 at 1:56 pm to
quote:

I’ll drop 250K on BTC if it goes to 35K.
Meaningless without knowing your position size relative to net worth.
Posted by Tiger4life306
Member since Apr 2016
711 posts
Posted on 2/5/26 at 2:08 pm to
Not going to lie, I did not foresee stupid arse bitcoin being down nearly 50% from the all time high in the year of early 2026
Posted by SoCal Cal
Member since Jan 2026
18 posts
Posted on 2/5/26 at 2:13 pm to
quote:

I’ll drop 250K on BTC if it goes to 35K.



Posted by beaverfever
Arkansas
Member since Jan 2008
35749 posts
Posted on 2/5/26 at 2:14 pm to
Man imagine being an options market maker right now for IBIT.
Posted by lsuconnman
Baton rouge
Member since Feb 2007
4693 posts
Posted on 2/5/26 at 2:17 pm to
Imagine being anyone on the LFGY or MSTY team about now.
Posted by T1gerNate
Member since Feb 2020
2846 posts
Posted on 2/5/26 at 2:47 pm to
It is accelerating now. Bitcoin and all the rest of them will eventually reach essentially zero and the crapdoo bubble will be remembered for 1000 years as the stupidest episode in financial history.
Posted by GeauxTigers123
Member since Feb 2007
3280 posts
Posted on 2/5/26 at 2:53 pm to
quote:

It is accelerating now. Bitcoin and all the rest of them will eventually reach essentially zero and the crapdoo bubble will be remembered for 1000 years as the stupidest episode in financial history.


This has been said a bunch over the last decade and hasn’t been true yet.
Posted by Hammond Tiger Fan
Hammond
Member since Oct 2007
16413 posts
Posted on 2/5/26 at 2:57 pm to
quote:

Imagine being anyone on the LFGY or MSTY team about now


Sadly, this is me. I'm too far in the red in MSTY to cut my losses. At this point, I'm holding and hoping for some type of rebound.
Posted by SoCal Cal
Member since Jan 2026
18 posts
Posted on 2/5/26 at 3:01 pm to
quote:


It is accelerating now. Bitcoin and all the rest of them will eventually reach essentially zero and the crapdoo bubble will be remembered for 1000 years as the stupidest episode in financial history.


Years from now at Thanksgiving Dinner people will discuss how their crazy uncle lost his life savings in the pretend magic computer money scam.

This post was edited on 2/5/26 at 3:05 pm
Posted by beaverfever
Arkansas
Member since Jan 2008
35749 posts
Posted on 2/5/26 at 3:03 pm to
I bought a bunch of short dated puts and calls at the same time earlier. The pits were up 55% and the calls are almost dead even. That’s a lot of IV expansion.

Not a brag. I lost my arse today. Thought that piece was interesting though.
This post was edited on 2/5/26 at 3:05 pm
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
40570 posts
Posted on 2/5/26 at 3:06 pm to
quote:

I have had $35k pegged for October 2026 for a while.
Posted by Big Scrub TX
Member since Dec 2013
38961 posts
Posted on 2/5/26 at 3:26 pm to
quote:


This has been said a bunch over the last decade and hasn’t been true yet.
Sure. But we're now at about the same price we were at almost 5 years ago. And that's WITH massive inflation at its back.
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