is poopcannon going to be right?

[Anonymous No.24276483]

well frens? will he? dump to 14k coming?

[Anonymous No.24276531]

no because its institutions buying, not retail investors

[Anonymous No.24276967]

>>24276531
why does that matter? suppose im an institution and see butterino deviating this much from the 21EMA, wouldn't I just shorterino it to that level and then buyerino when it hits? if i am le 100 million institiutionerino ?

[Anonymous No.24277035]

>>24276967
what if another institiutionerino buys your dipperino and you get rekt?

[Anonymous No.24277097]

>>24277035
and t.b.h. that's what's happening, not sure if you have noticed of quickly each dump is bought back up

[Anonymous No.24277223]

>>24277097
lmao you are not thinking on a big enough time scale at all dude. These 'dips' your talking about are normal fluctuations. Institutions trade with months in mind, and on that scale, the chart looks dogshit, primed for a dump.
If you're an institution, it would be really dumb to shill bitcoin to your customers right now because then they'd all be wondering why theyre investment is down thirty percent in a month.
Institutions are waiting for the dump.

[Anonymous No.24277241]

>>24277035
there hasn't been any significant dipperino yet.

[Anonymous No.24277347]

>>24276483
I'm starting to think that there won't be any crash just because everyone expects it to happen and then because everyone expects it not to happen it will happen but then it won’t happen because they expect it to happen but when it happens it will have been expected.

[Anonymous No.24277364]

>>24276967
mate this time around it's giga wales and high IQ bulls vs Reddit and Pajeet late-entry bears. We outweigh them in terms of buying and selling power. Watch as this shit creeks up to 300K.

[Anonymous No.24277382]

>>24277364
whales want this to dump dumbass. Stop filtering out any opinion that opposes your own and zoom out

[Anonymous No.24277391]

>>24277223
go here https://whalemap.io/charts
look at the charts, and see how many whales (10K+ BTC wallets) have bought at 17K, and how many big wallets (1-10K BTC) have bought at 18K

[Anonymous No.24277412]

>>24277391
those guys can wait for years, but a dump will happen very soon, regardless of what they do

[Anonymous No.24277417]

>>24276483
No, poopcannon is a brainlet that larps as a TA expert.

[Anonymous No.24277437]

>>24277223
>If you're an institution, it would be really dumb to shill bitcoin to your customers right now because then they'd all be wondering why theyre investment is down thirty percent in a month.
>Institutions are waiting for the dump.
What happens if 50% of the wealth holders are institutions and giga whales? It won't dump that hard. There aren't enough big bears to reverse things now and the graph line is going all the way into the stratosphere and into another galaxy.

[Anonymous No.24277453]

>>24277417
but hes a magic poop cannon though.
pooperino!!!!!!!!no!!!!!!!!!!!!!

[Anonymous No.24277454]

US institutional buyers are causing this pump, but they are going to be AFK until Monday due to US Thanksgiving. So, the whales and exchanges will try to spook and liquidate as many as they can before mark up for Monday.

[Anonymous No.24277457]

>>24277437
people said the exact same shit last time bro

[Anonymous No.24277501]

>>24277412
this
>Institutions are waiting for the dump.
goes in conflict with this
>those guys can wait for years, but a dump will happen very soon, regardless of what they do
and this >>24277391

[Anonymous No.24277530]

>>24277382
You think real whales care about this price? A little. But: they're looking at 1000K BTC and 2000K BTC, not this shit. The most important thing right now is that BTC breaks the record significantly so the future bullruns are even more parabolic -- so they can get to 1000K BTC faster.

[Anonymous No.24277555]

>>24277457
It isn't the same situation as last time. Everything is different.

[Anonymous No.24277556]

>>24277391
anyway since you need registration to see it, here's 1-10K wallet map

[Anonymous No.24277583]

>>24277556
and here's whale map

[Anonymous No.24277600]

>>24277437
This.
This isn’t BTC at 7k where any whale can market dump a couple coins and get weak hands to capitulate and buy their cheap coins.
There are uniroinically multiple buy bots slowly accumulating at every dip to not spook the market.
In fact I would go as far to say ((they)) are spending big bucks to shill shitcoins so you’ll sell BTC to chase them now.

[Anonymous No.24277657]

also bigger timeframe

[Anonymous No.24277660]

>>24277600
Yep, and the bots are probably owned by multi-billionaires. They are going to push this shit above 100K EONY.

[Anonymous No.24277693]

>>24277555
Checked

[Anonymous No.24277715]

>>24277657
Shit, this is insane, so many whales buying above $14000

[Anonymous No.24277716]

>>24276967
No, retail investors see this as eventually replacing gold, and will happen regardless as the Boomer to Millenial wealth transfer completes. That means a 33x. That's only if it acquires the same market cap, Bitcoin is better than gold in every conceivable way and in ways we haven't thought of yet because it's programmable money.

Any prudent wealth allocator isn't going to day trade Bitcoin. They are willing to take a 50% haircut (never going to happen btw) because they're playing the long game. The macro scene is so insanely different from 2017 - this is what the candle watching bears don't understand. The mere fact that so many people are on the sidelines waiting for a crash is exactly why it won't crash. Even though old traders with PTSD are selling, institutions and high net worth investors are scooping up the dips. Do you really think that the institutions that have gone public are the only ones buying? And does anyone think that the story of Bitcoin ends at 20k? Everyone knows this is going to the moon. As Buffet said "The stock market is a device for transferring money from the impatient to the patient."

The asymmetric upside is unprecedented. 90%+ of traders lose money. The ones that simply held Bitcoin all made money. Many made fortunes. This will continue to be the case for as long as this asset is so punishingly undervalued. Trading is easy, and you think you're a genius when you scalp some profit. Truth is you just got lucky. It takes discipline to hodl. Economic survival of the fittest.

[Anonymous No.24277808]

>>24277716
>retail investors see this as eventually replacing gold
They're already calling it digital gold. It is. And it will replace it. In the next decade we will reach $1000000 per BTC avg and naysayer bears will have been priced out of the market. Right now is the last chance.

[Anonymous No.24277849]

>>24277657
I dont get what these charts are showing. Bubble size is just utxo from a wallet of certain size? So mega whale 100k wallet sends 1 btc and keeps 99999 btc results in big bubble on chart?

[Anonymous No.24277869]

>>24277808
>They're already calling it digital gold. It is. And it will replace it.
So it's going to be a rigged pile of shit that banks short sell with massive leverage?

[Anonymous No.24277905]

>>24277347
>I'm starting to think that there won't be any crash just because everyone expects it to happen
This is exactly what happened after the election. We ripped asshole to new ATHs the next day and anyone “waiting on the sides” was burned

[Anonymous No.24277919]

Not sure why everybody seems to hate Poop Cannon, he's right a hell of a lot of times. I can totally see us pulling back a bit, but not into bear market territory. I think we'll pull back maybe to 14k, that seems realistic to me, before we make another huge leg up.

[Anonymous No.24277935]

>>24277869
Who fucking cares what it becomes????????????????????????????????????????????????????????????????????????????????
It's eventually going to go beyond $1000000 per BTC. Do you realize how much money you could make if you acted intelligently? To me, this is a decades long game and I'm going to retire a millionaire before I'm 40.

[Anonymous No.24277942]

>>24277347
Exactly. You've worded it perfectly actually. Everyone is waiting (with fiat) to buy. That equates to massive walls of support. Bitcoin is priced wrong and everyone knows it. We'll see a breakout eventually and then it's simply a matter of liquidating other assets (that are all demonstrably less valuable - bonds are dead, stocks are at ATH during bubble, real estate ATH, tech stocks being used as stores of value).

I'm realistic so I see this taking place over years, but in that sense the red pill is to buy and never stop buying.

[Anonymous No.24277954]

>>24277716
if I was an institution trying to buy bitcoin id want to scoop it at a sustainable price. it went up too fast for too long now. and i'd call the other institutions that are also buying crypto and ask to do a joined effort short sell to dump it to the price that thy want to buy. which is at the 21EMA.

[Anonymous No.24277976]

>>24277849
it shows how much BTC has been purchased by big sized wallets and is currently unspent, big bubble means several thousands of BTC

[Anonymous No.24278028]

>>24277849
this is what it says
>Bubbles show locations where bitcoins were "inflowed"/"accumulated" by different wallet sizes. Here is an example, imagine one has a btc wallet with >10,000 btc. Then imagine that wallet had inflows (btc was bought by this wallet) at the 2017 peak, 2018 3k bottom and just now at 9k in may. Since then, the wallet has not touched these "inflows" , i.e. it still hodls this btc. Bubbles show locations and amounts where these inflows have happened.

[Anonymous No.24278113]

>>24277935
No, you'll get stuck in a shitty asset just like gold holders. Whales will dump on the plebs constantly and keep the price rigged. You will have to use a 2nd layer to hold or use BTC and even then there will be a "maintenance fee" that will act as a negative interest rate and draw down your account perpetually. Welcome to the "New World Order".

[Anonymous No.24278125]

>>24278028
Right so its inflows. Got it tenks anon

[Anonymous No.24278195]

>>24278113
im personally too scared to move my bitcoin to its own address cause of what happened in 2017. people had to pay $50 fees and wait a week before their bitcoin arrived at the exchange.

kek

[Anonymous No.24278208]

Are there really going to be big dumps like 3 years ago? It used to be to get cash you had to dump but now you can make money by holding crypto with staking and exchange interest payments and yield farming. It's becoming more lucrative to hold coins. Look how Xrp holders are about to be granted low level jew powers. A lot has changed in 3 years.

[Anonymous No.24278229]

>>24277954
Yeah I'm not going to get into that level of speculation. It's not worth getting into it because it's pure conjecture - but it's highly unlikely there is come concerted effort to suppress the price. Or that wealth allocators are looking at the 21EMA. This isn't about technicals, that all flew out the window back in March. The macro has changed everything my friend. If you've been looking at technicals they've all gone out the window. You need to be looking at CBDC's, CitiBank, BlackRock, Fidelity, gold ETF's moving to Grayscale, JPMorgan, PTJ, Druckenmiller, Square, MicroStrategy, PayPal and this little thing known as inflation. We're looking at 15% inflation. As Druckenmiller says, after every party there's a hangover.

I know for a fact that Fidelity has begun conversations with their clients shilling Bitcoin. I know a high net worth guy that called Wells Fargo to buy 100k of Bitcoin - they told them they didn't offer it (YET), but to buy via eToro, because that's where his broker ALREADY bought Bitcoin. This would have been inconceivable a few years ago. Much has changed, fast.

[Anonymous No.24278231]

>>24277583
desu its probably a failsafe incase it really did moon. probably wasnt the whole stack

[Anonymous No.24278242]

>>24278113
Gold has only gone up with time and will be $9000 in 5 years. You are short-sighted.

[Anonymous No.24278357]

>>24278242
You morons don't understand what you're being pushed into. Gold is one of the most rigged markets in the world. BTC will be impossible to use without government oversight. The limited supply means nothing when there is a negative savings rate because you'll just lose your savings anyways.

[Anonymous No.24278410]

Frankly guys if the institutions are holding and theyre bitcoin isnt touching the market, then this shit could still conceivably reach 13k. The difference this time being that there's a lot less liquid on the market so the drop and bounce back to ATH would happen a lot faster

[Anonymous No.24278435]

>>24278357
>Gold is one of the most rigged markets in the world.
Yes and it is negatively rigged because the FED has suppressed the prices of gold and silver for decades. Their true value is way higher than they sell for currently and the value will only increase as time continues (debt, coming hyperinflation, etc.)
>The limited supply means nothing when there is a negative savings rate because you'll just lose your savings anyways.
Go and put all your money into Dogecoin then. You'll be priced out of the market soon enough.

[Anonymous No.24278466]

>>24277905
>>24277942
>t. Retards that didn't read my whole post or are too dumb to see that it is satirical

[Anonymous No.24278472]

can we end the "institutional hodl" meme? You know the "institutions" literally sell the tops and buy the dips as well, right?

[Anonymous No.24278524]

>>24276483
Pointing out that something is a parabola isn't a convincing bearish signal.

[Anonymous No.24278918]

>>24278357
I would say gold might be already number 2 after seeing how things are/will with crypto the value being move by the big pockets. Gold started to be heavily manipulated with the creation of comex (paper/numeric). Guess what now, crypto is purely digital, more limited than gold quantity wise so way easy to manipulated, Welcome to your digital cage cryptocuck, rules and regulation will just get worst around it.

[Anonymous No.24278976]

>>24278918
seethe more goldie.

pic related. you will always be remembered Goldanon. as the one who sold his ticket to richness just before the bullrun started because of a peter shiff video

[Anonymous No.24279000]

>>24277583
>unspent
Isnt the miners

[Anonymous No.24279069]

>>24278466
If everyone expects a crash then why would it crash if it's going to crash why would it crash if everyone's expecting a crash.

[Anonymous No.24279130]

>>24276483
This is institutional SHORTS COVERING THEIR POSITIONS. After the rise to 20k, they shorted tf out of BTC while fudding it to normies. Now many are cutting their losses in front of the new high. This isn't retail money, institutions having to cover their large position is what's bringing the volume this time. Literally institutions are buying, but not for the reasons you think.

[Anonymous No.24279139]

>>24278357
Google "VPN"
Also, jurisdictional regulation leads to geo financial arbitrage. There will always be a country that's willing to take the lion's share if another country won't.

They tried to ban gold too. Bitcoin is infinitely harder to ban.

[Anonymous No.24279154]

You dumbasses are acting like no asset with promising fundamentals ever has a dip. We literally saw BTC at 3.4k this year on some exchanges, if its impossible to dip how did it reach that price? The 20k EOY prophecy has been preached since 2018, just because it reached 19.8k now doesn't mean it will go on a permanent moon mission. Timing the top is retarded, but expecting this to go to 100k with no dip is even more retarded.
Newfags need to leave this fucking board already.

[Anonymous No.24279191]

>>24279130
finally, the truth

[Anonymous No.24279313]

>>24279130
this is actually it anons.
If you look at the whalemaps they bought at everyfucking TOP. what kind of professional institution only buys tops? that'd be a pretty shitty firm bros.
THIS WHOLE MARKET IS ABOUT TO ENTER FREEFALL

[Anonymous No.24279358]

>>24279313
what so now its going down so they can buy high sell low? what the fuck.

[Anonymous No.24279425]

>>24276967
There is only 17 million available. Ever. 4 million is lost for good. There is a supply issue. It’s going to go vertical.

[Anonymous No.24279436]

>>24278976
Dude richness is not just about money at this point, its to be able enjoy what around yourself without having someone holding yours balls the whole time. Dont you see that crypto is falling more and more in the same pattern as fiat with the big corps/banks/gov/fed taking over, regulate it and playing with it for their own advantage. Yes you re doing money rn but there will be a cost at the end. Even with couple of millions, you re still a small fish who will be fuck around. Crypto was a great idea for people who wanted out of the sick system. Guess what, the system is digital and is just starting to put his hand in your nice dream world of forturne. Not here to laugh at you, just want that peeps thinks about they are getting played at some point

[Anonymous No.24279457]

>>24279358
no read the previous comments. These buys have been for the purpose of covering their shorts. you need to know more about the kind of market your in

[Anonymous No.24279562]

>>24277223
its the exact other way around kek
if you had half a brain its not hard to see

[Anonymous No.24279650]

>>24279457
Not him, but could you give me a rundown like you were speaking to an idiot, because I am one?

[Anonymous No.24279861]

>>24278229
not to mention the technicals for bitcoin look great on long timeframe against just about every asset class. raoul talks about this all the time.

[Anonymous No.24279947]

>>24278410
you’re fucking retarded

[Anonymous No.24280146]

>>24277530
Kek delusional. Enjoy a 14k btc.

[Anonymous No.24280818]

>>24279650
Don't be modest, you sound like a nice lady.

[Anonymous No.24280870]

>>24277347
fuck i had a good laugh at this logic thx anon

[Anonymous No.24280930]

>>24276483
If it dumps to $14k it will definitively invalidate Stock to Flow, which actually predicts ~$21k by now. So I think if it does that, it goes much lower than $14k, and 2021 will be an awful year for crypto.

[Anonymous No.24280931]

>>24277454
>thinking institutions buy by hand
this isnt the 90s boomer they use trading algos to accumulate

[Anonymous No.24281033]

>>24277657
shit now i dont feel so bad for buying tops...

[Anonymous No.24281209]

>>24277954
>"ok we are going to short sell it tomorrow at 3 pm"
>"yeah sure dude"
>*sets bots to accumulation overdrive*
>"WHAT THE FUCK OUR DUMP DID NOTHING SOMEONE ACCUMULATED THE ENTIRE THING"
>"huh musta been those damn chinks"
you dont realize big players can not accumulate by buying they need to buy into selling pressure otherwise the price skyrockets. This is why during periods of downward pressure the price simply goes sideways.... this means the whales are deciding its more important to accumulate than to open a short then dump it and profit off a short.