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13775935 No.13775935 [Reply] [Original]

Has bitcoin over-extended itself or can we still break 8K? Analysts are calling the top and claiming btc has "intrinsic value" - https://tipestry.com/topics/5ce31135570b6c1f07509d30/bitcoin-has-soared-above-intrinsic-value-during-latest-rally,-jpm-strategists-claim

>> No.13775974

>>13775935
bitcoin is the only coin with value as every normie has heard of its name.

Your dad has heard of bitcoin, he has not heard of ethereum or anything else

>> No.13776661
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13776661

>>13775935
If it hasn’t broken 8k it’s not going to now. We’ve been stuck here for a bit....this thing is is going to tank back to 4K again. That’s the plan....btc has always had multiple failed rallies before going to ATH and the time frame for consolidation has been too short and we never hit desperation.

>> No.13776713

Alt coins are still riding high and scams like OMG,FUN,KIK,WAX, and TokenPay are alive and well. The space can’t reach its full potential until and huge chunk of those are gone or at least not Tethered to BTCs price movement.