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File: 93 KB, 1350x748, BTC-Halvenings-4.png [View same] [iqdb] [saucenao] [google]
27668854 No.27668854 [Reply] [Original]

Logic says we'll hit the top this autumn, between August and November and hit a price between 100k and 300k.

Followed by a 80% dump, and a brutal bear market?

The market conditions are very different now, with no Mt gox wash trading etc yet charts still look very similar.

But compared to 2017, now institutional money is in. How will that affect the bullrun?

We already just experienced a mania phase with the wsb shit. With lockdown and stimulus, retards bored at home and with social media, it feels like we're already near dangerous normie top territory. Dumb money will keep aping into the most retarded pump and dumps while remaining oblivious to the value of defi.

It's also highly likely that we'll go through another crazy defi summer, with L2 solutions going live, which will drive even more shit coin gambling, while the more serious protocols will keep maturing and pushing defi in the 100s of billions locked.

At what point could eth and the defi space could decorrelate from grandpa taking a 80% dump.

LINK for instance will likely under perform in the bull run, but could remain strong during the dump and early bear.

Will link whales keep holding link no matter what as we enter another 2018 crash?

Do you have a specific planned strategy based on this chart? I'm thinking of laddering sells across the autumn period instead of targeting prices. Park funds in stable coins, wait a year for the market to hit the bottom, then buy back the blue chips. Does that make sense? Or could defi coins keep reaching new ath in 2022?

>> No.27669321

Hoping to hear from high iq autistic anons

>> No.27669560

>>27669321
You already got it, maybe sprinkle some Martin Armstrong to adjust for in the macro cycle. Enjoy!

>> No.27669747

>>27668854
Institutional money was a factor in everything dumping when futures were involved in 2018.

>> No.27670268

>>27668854
>Logic
lol

>> No.27670554

>>27668854
www.lookintobitcoin.com/charts/pi-cycle-top-indicator/

I think you're exactly right. First decent thread since 2018.

>> No.27670921

>>27670268
Linkies, eth maxis, defi blue chips anons, what's your insight?

>> No.27670997
File: 116 KB, 231x282, 1611547655171.png [View same] [iqdb] [saucenao] [google]
27670997

im a retard idk

>> No.27671484

someone smarter or more autistic than me tell me when the fuck the BTC bubble is going to burst
also what the fuck is price going to be in the next 24 hours

>> No.27671571

>>27671484
>bubble
>burst
???

>> No.27671666

>>27671571
when is it going to crash again

>> No.27671824

I want BTC to crash so that I can finally get some.

t. poorfag

>> No.27671888
File: 398 KB, 2656x1474, Screen Shot 2021-02-03 at 10.21.58 PM.png [View same] [iqdb] [saucenao] [google]
27671888

>>27668854
This power-power graph is interesting, just another way of looking at BTC price:

https://digitalik.net/btc/long_term_power_law

>> No.27672069
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27672069

>>27671888
cannot be accurate. only goes to 10mil

>> No.27672226

>>27671824
You had more than 10 years

>> No.27672464

I dont know but i think institutions make crash smaller because they are long term holders

>> No.27672546
File: 614 KB, 1280x826, ponzi.png [View same] [iqdb] [saucenao] [google]
27672546

>>27669321
we're tracing the midline between institutional and ponzi, because that's what bitcoin is.

>> No.27672629

rut roh

>> No.27672715
File: 286 KB, 1781x978, cCkI3xb.jpg [View same] [iqdb] [saucenao] [google]
27672715

>>27672629

>> No.27672805

>>27672715
Quality content

>> No.27672860

is it crazy to think it literally might be different this time?

i just cant imagine eth ever going 95% again

in 2018 there was zero incentive to hold. but now even with falling prices, you're making coin gains. sushiswap for instance, you're still incentivized to hold and earn platform fees throughout the bear cycle, there was nothing like that in 2018

i think i might cash out max 75% incase it goes up forever, and starting layering in aiming at around 70% correction maximum

>> No.27672942
File: 507 KB, 1070x601, it's over.png [View same] [iqdb] [saucenao] [google]
27672942

>>27672226
I really hope people would stop reminding me.

>> No.27673340

>>27668854
I think 2017 can be thrown out the window entirely when considering the future of bitcoin and defi. In 2017 Bitcoin was new in the minds of the general public and the bull run was fueled almost entirely by mania.
>>27671824
tl;dr Dollar Cost Averaging: Think of it like a monthly subscription. Set an amount you're comfortable spending on something useless each paycheck and buy that amount

Just buy a little bit at a time. Dollar cost averaging isn't as fast as going all in at the right time, but it's safer. I'm up to $10k right now with $3k in stable coin, and I've been buying only $100-200 a month on average over the past year. I've made some stupid decisions and some decisions that were too conservative so I could have been up to $40k by now but oh well. If I just sat and waited for the right time to go all in, I'd have been waiting for a long time, mostly because I've been learning as I go.

>> No.27673642

>>27673340
What do you buy your coin on?

>> No.27674322
File: 1.48 MB, 1436x1674, 1516212271961.jpg [View same] [iqdb] [saucenao] [google]
27674322

>>27672860
>this time, its different

>> No.27675169

>>27673642
I'm just a dumb normie using Coinbase. I'd use Binance but I'm in WA so Binance won't let me in. I guess we have a lot more regulations than other states. I'd look for loopholes, but I'm not smart enough to avoid getting assraped by the IRS.

>> No.27675218

>Dumb money will keep aping into the most retarded pump and dumps while remaining oblivious to the value of defi.

You’re the retard, DeFi itself is the most retarded pump and dump ponzi out there, people just haven’t realized it yet.

>> No.27675733

>>27675169
If you're American use Binance.us, not Binance.com. Trading on big exchanges carries some big benefits vs swapping on network. Fees are low, transactions are guaranteed. They don't carry as many coins though. Binance at least seems to support coins more readily than Coinbase.

>> No.27675799

The cycles get shorter each time
We dump next week once chinks start new years.

The fools who would have bought ath all just got burned on gamestop and doge.
The stock boys ate our lunch.

The wealth transfer happened in gme.

Time to locate the nearest exit.

>> No.27675925

we will most likely crash in december or earlier in september. but i have doubts that it will be as harsh as 2018

>> No.27675996

>>27675733
lol, WA is one of the 6 or 7 states still not allowed to trade on Binance.us I've been told this a dozen times already.

>> No.27676107

>>27672715

What kind of retarded chart is this?

>> No.27676142

>>27675996
Oh RIP, dude. Make some moves on Coinbase, buy a house in Wyoming, and get the fuck out of there.

>> No.27676721

>>27676142
I'm gonna spend a year with my parents in NV. Not quite a red state, but the rest of my family is in WA and other blue states. My only work skill is cooking. I definitely have to get out of WA. I fucking love it here, but it's getting californiafied as they move north and think 'wow $1800 a month is so cheap for a studio apartment in the city' 4 years ago it was $1000 you fucks lol

>> No.27677338

>>27676107
side profile of a bublee diagram, the three dimensional worldwide phenomena of the bitcoin network sliced in half and colorized

>> No.27677906

>>27676721
goddammit I love/hate WA
I'm near Seattle fml

>> No.27678033

>>27671888
you realize the way that graph is skewed you could put any rising data in there, i dont know microsoft or apple stock, and it would follow the same pattern

>> No.27678174

>>27677906
Yeah, I want to die here, but right now I'm struggling to live.

>> No.27678708

>>27678174
It's beautiful countryside, but absolutely cancerous society
I feel pretty similar, being surrounded by a bunch of globohomo role-playing fascists is enough to make one suicidal
I've pretty much become a hermit who only goes out to buy groceries and take walks
Where do we go bro?

>> No.27679600

>>27678708
I have literally the exact same sentiment and lifestyle. You want coastline, you choose high bills or swamp. My plan is to basically exile myself from this pretty hell till I can afford to buy a modest house on the outskirts of it and live like a tourist.