Bitcoin Price Thread

Its a good one.

 

Thank you Orbit Indicator!

Only $111,851 so far but you havent let us down yet!

 

Awesome! 120 by Monday!

 

ok so it looks like bitcoin did a single correction there....now the (basis) rules say that 3 doesn't have to be the longest impulse wave, but it can't be the shortest...that would mean that this rally would have to be somewhat hindered by that fact.

Expectation then would be between current price and 130k before a meaningful pullback. A pullback will likely be around .50 to .618 so from here that would be 88k, from 130k would be around 95k



Bitcoin tends to have a pattern of long sweeping 1 waves and muted 3 and 5 waves.

 

Here you can see the affects of dilution compared to last time we were at ath's.

 

Dream on ponzi schemers.

Though nothing is stopping Tether from printing a couple more billions and taking it there.


Bad news for the ponzi schemers. I suspect big banks are accumulating massive short positions on Bitcoin. They will take down Tether and Bitcoin with it.

https://cointelegraph.com/news/us-big-banks-in-talks-for-joint-crypto-stablecoin-wsj

 

Profit taking day yesterday... but I think Metaplanet will do well going forward

I'm still waiting for funds transfer to clear with new broker, had to wait for those small deposits to verify bank

I hope Metaplanet is not too high by then

 

All these penny stocks announcing bitcoin treasuries looks to be the new pump and dump. This is the second one I've heard of being talked about. Have these companies shown that they have the capital to buy bitcoin?

 

Unironically i do think we should listen to wxy more. After all, he is the one driving the lambo.

He got it right the last time for the dip to $70ks or whatever it was.

It's so over. The bulls are cooked.

 

[was able to use some of the funds that are awaiting clearance to trade, bought mtplf @5.63]


Yes, waxy, we like these penny stocks that are using bitcoin as treasury asset

Metaplanet is the best performing stock in the Nikkei for 2 years, up 6000%

Japanese bonds are crashing like memecoin that got rugged by the devs and if bonds are crashing, investors flock to stocks

sure, Japanese stocks like Nintendo or Toyota are good, but they are not as good as this penny stock Japanese hotel management company turned bitcoin treasury