am I the only one that doesn't get what the fuck is happening here?
This is so weird. Why are we still up so high? why won't we dump below $30k? look at the part on the left. Bitcoin went from $4k to $27k without ever going down. Why won't we dump?
It makes so little sense. What the hell is happening?
Why do you think its high gay boy?
Why would anything make sense in an irrational market?
Babby's first bullrun.
Protip: it's going up forever
shut the fuck up retard. ive been in crypto since 2017 and im richer than you. stay poor nig.
because it is, nobody cares about btc and its still up like 10x+
true
>He thinks this is high when it is literally the bottom
Should've bought at 33k.
BTC 55k eom
> Bitcoin went from $4k to $27k
There’s your answer: big money got involved. And it went all the way to 60k without significant dumps.
> Big money
> Leverage
> Shitcoin casino
That's a big flag
you're a midwit who thinks they have some level of understanding when you don't
i doubt anyone thats been around btc for more 4 years expected a dump much past 33k, i had my buy orders at 36 and 33k
stop assuming because you did slightly above average in school that you will naturally outsmart the majority, you clearly haven't learned anything yet.
buy now and sell somewhere above 100k, pay attention to sentiment and the wall street cheat sheet meme chart. try to feel the emotions. we havent seen any real euphoria since 2017
also fuck off
im richer than you, im a multimillionaire. shut the fuck up you pathetic clown unironically kys
oh yeah it wont ever go below 33k. like the time we crashed to 3k 1 year ago. right? dumb fuck
big yikes
holy fuck when will you bobos stfu and take your losses are you gonna cry about it the whole year?
you have to go back
>It should dump because the chart looks dumpy to me!
Why do retards think BTC exists in vacuum?
Oh look, it's the same 3k crash schizo
Don't you have better things to do than pretending to be retarded
Because Saylor and Elon Musk and other institutions aren't selling. They are literally the floor if you didn't realize that before lol.
this
Well first things first, factor in inflation.
Since 2020 there has seriously been like 30-40% inflation in the US, so just on a base level the bottom of whatever the correction is, will be substantially higher than it otherwise would. With this level of inflation you literally have to just mentally ctrl+x ctrl+v the entire chart upwards.
If you do that, then "wow what the fuck" becomes a more reasonable "its a little high, I guess"
>Bitcoin went from $4k to $27k without ever going down
I lost more (% wise) in the defi summer crash than May or Nov crash..
It’s a massive head and shoulder pattern.
Easy money.
>why won't we dump below $30k?
LOL who told you that???
even at top oldfags were bearish, that’s the point. It’s not until we hit a level where the sidelinen slurpers are all in, and oldfags take out loans to leverage up, finally even bobos will say, “maybe this is the new paradigm.”
That’s when the real bear market can start.
It went up only for the past two years because the fucking burgers printed a shit ton of money, reduced interest rates to 0, and have been buying stocks and bonds the past two years. This created the ultimate risk-on environment and crypto is the about as far down the risk curve as you can fucking go.
Well guess fucking what? All that money printed has now led to a little inflation problem as there's a shit ton of new money in the system. This spring the FED is expected to not only purchasing stocks and bonds, but also raise interest rates.
>But muh priced in
No it fucking isn't. This is the fucking exit pump and you retards better fucking make the most out of it before March. Without the government actively buying 120 billion of stocks and bonds every month what the fuck do you think will happen to the market? You think Elon Musk actively telling people he was selling a shit load of his Tesla stocks wasn't a signal? We have so much lower to go. I hope you're ready.
It's a double bottom are you blind?
>nobody cares about btc
except every cryptonormie, the largest financial institutions, and literal countries... yeah.... nobody.... sure....
>The FED, which has only ever existed to kick the can down the road, will raise rates and be the first domino to destroy the US-Chinese global market because of SINGLE DIGIT INFLATION. I’m very smart, as you can see by my multiple underwater liquidations.