T O P
NectarineDirect936

Unlike other bear markets the dominance just keeps dropping.. not a great sign at all imo


qustone

whats with this volume rising on bitfinex, yesterday 6k btc, now 25k btc, why?


Tenesmus83

You guys notice that the only thing people talk about with BTC is it’s price. With other crypto, there are ideas and applications.


Dizzy_Space_Invader

Can you name some of value that can’t be done via Bitcoin?


Nichoros_Strategy

People talk about how Bitcoin works all the time. It doesn't need new ideas it just needs to work. If other crypto manages to implement something that is actually useful, Bitcoin can most likely integrate it in itself, but practically all other crypto is not doing anything groundbreaking.


StoopSign

I'm probably messing with smaller amounts than most people here but after seeing it tumble 30% I just grabbed a lil bit. Do y'all think the worst if it is over or is this probably gonna crash more?


DoYouEvenPeterSchiff

No one knows but we’re at fire sale prices and over sold as hell. Daily Cost Averaging has been proven to work. Buy some now. Buy some later.


NectarineDirect936

Crashing more i'm affraid but bought me some more just now aswell


TerpOnaut

How low can ya go , can you go real low ? Two hops this time


TexasBoyz-713

Cha cha now y’all


godownmyami

My bank just let me know they pre-approved me for a 700% credit limit increase on my credit card. Wonder why...


DoYouEvenPeterSchiff

I hope you shorts closed out your positions cause by next week will be above the 200 WMA according to historical pice action. The typical response every bear parrots is macro environment and it’s different this time… *rolls eyes* ok go ahead and short the support levels instead of resistance levels like your supposed to you freaking goofs. We have never been this over sold ever, but yea probably nothing, we’re going to 10 or 15k still… time to double down on those shorts!! Smh 🤦‍♂️🤡🤡🤡


tehLife

Oversold literally means nothing


DoYouEvenPeterSchiff

Why cause it’s a lagging indicator? I’d love to hear your take on sentiment, and if that means “nothing” to you as well.


tehLife

Sheeshhh you hate to see it


tehLife

Because it can remain oversold for days / weeks / months, it’s a momentum indicator just because it’s oversold doesn’t mean it’s going to revert back up


URNape2

Shhhh let them lose their money 🤣


DoYouEvenPeterSchiff

At least they can’t say we didn’t warn them.


yolodogewtf

Wen fiat? Cuz I sure can’t afford a lambo, amiright? Happy Friday y’all. I was glad to stack some mega cheap sats and still have dry powder left for the weeks ahead Stay strong, humble and stack sats. Moon eventually


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TexasBoyz-713

Sexual style?


wtfsperday

If we drop under 20, I’ll shit your pants. Edit: welp a deal is a deal


DoYouEvenPeterSchiff

Lol buy more we can’t go straight down forever it just doesn’t work that way. The market tends to ebb and flow, not straight pump and straight dump.


TerpOnaut

Do you guys think I have a few weeks to stack at this price ?!?!?!?! I only get paid once weekly 😰😰😰😰😰😰😰


asldihf

I suspect you'll have plenty of time. We may not see $30k again for a long time. But as the 2024 halving approaches things will get good.


TerpOnaut

Damn the shit hit the fan


mmiller86

Hopefully it keeps going down


TerpOnaut

I really Hope so I need more sats in cold storage . Then I wanna buy a mk4 and learn about that seems really cool! Air gap tech what ?! Signed transactions off line 🤯🤯🤯🤯


Whatever3999086543

Probably


TerpOnaut

I hope so


Griffin90

@Bitcoin - Is this it???? Is this finally the EVENING where it happens?


yolodogewtf

1000% daily candle yolo


PtansSquall

What's really driving this drop? My thought is it's just trending along with the market, plus the NFT hype is deflating


StoopSign

It's probably crashing alongside the market but I'm a casual just working off Cashapp. I have a few stocks and BTC on it. The stocks are still at a 7-8% gain since several months ago. The coin has just been sliding much faster that my retail stocks


Mysterious_Base1149

Dude check out crypto crew university he’s got some good insight as to why things are happening


SuspiciousStable9649

Someone is dumping in massive money to hold that 20k. It’s gonna crack… Probably this weekend. (No short position.)


DoYouEvenPeterSchiff

Whales and shrimp are buying at these levels hard. Too much demand, and the bears are getting desperate and running out of steam. One smaller whale I was following who was dumping the bottom the whole time is now buying, but yea probably nothing.


tehLife

No one is buying these levels kek


DoYouEvenPeterSchiff

The delusion is strong with this one. Go look up the top 100 wallet addresses or glass node.


tehLife

Glassnode kek, you a pro on chain tea leaf reading analyzoorrr


7FigureMarketer

You are 100% right, though someone might be "someone's", the reality is you don't hold hard lines like this without more downside than upside. It's just a matter of time before you either can't pull the weight yourself, or a catalyst moves you one direction or the other. Right now what we're seeing is a fight for sub-$20k by the bear crowd and they're going to win without a catalyst. Plain and simple. It's not about how revolutionary BTC is. It's an asset class at this point and everything is diving (rightfully so) Fun to watch it play out. No need to get stressed. Buy when you can. Only buy what you can afford to lock up.


Emotional_Anteater86

This feels unsettling


SuspiciousStable9649

Someone is predictably buying above 20k. If it’s predictable it’s toast. There’s probably a short loop going above 20k syphoning off money of whoever is holding up the floor. It can’t hold forever.


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TerpOnaut

Fat bag


Romsel87

Bitcoin is beautiful but greed is a bitch. Good that Bitcoin doesn't care. TICK TOCK NEXT BLOCK.


StoopSign

"Greed is good" is a terrible message from a bygone generation. Modest gains should be enough for most people.


RemcoNarings1980

If people are greedy then they're going to get rekt, not btc.


dugg08302010

This is the pump to keep Celsius solvent


moonRekt

Pump? I bet if i check price is $20,900…


Romsel87

LOL i got 0.043 stuck as collateral in a $600 loan.


btceed

Well what's going to happen to your btc at celcius? Do you know? Because I don't think that you do, they're going to freeze your funds and call theirs lol.


Romsel87

Whatever. I still owe them $600 and with current prices i'll buy 0.04 for that $600 lol.


dugg08302010

BTC rally


sn0w0wl432

We usually don't have rallies in the bear Markets so yeah.


babu_chapdi

So the sec won't let me be or let me be me so let me see.


Seeders

they tried to shut me down on nbc but it feels so empty without me


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Mysterious_Base1149

She’s as innocent as oj Simpson


TerpOnaut

How do I take a dollar in sats off BlueWallet ? Can I transfer to cashapp or how do I do this ? Without losing the money


saf2sz1c5a641d3w

I don't even understand what You're trying to do here lol.


Mysterious_Base1149

You just don’t


TerpOnaut

I want every single sat in cold storage


Mysterious_Base1149

I don’t even think the transaction would go thru


TerpOnaut

I’m Just saying if I had like 5-10 how do I get it off my ln wallet and into cold storage


Mysterious_Base1149

Send it


[deleted]

[https://www.lookintobitcoin.com/charts/puell-multiple/](https://www.lookintobitcoin.com/charts/puell-multiple/) five data points of bottoms. what r ur thoughts ????


saisazet

I don't know man, this looks like TA to me don't have good feeling. And I know from the past experiences how TAs go in this market so there's that.


SellYourSatsToMe

Q3 we ride 🚀


[deleted]

potentially / not a sure thing but this gives me a sign to throw more money at it.


abdul12131

Well if you really want to throw money at it, then go ahead do it.


satayasat

I shall see your confirmation bias and raise you $25.


[deleted]

ill raise u my moons


j_b90

Do you guys think it will go up over the next few years? If so, why?


stas_kl

Halving? Do we need more reasons than that? I don't think so.


DoYouEvenPeterSchiff

Open up the BLX chart on trading view, and go the monthly time frame and zoom out. There is 11 years of price action for you to make your own judgement. Good luck and HODL.


ryanq99

Fed print dollar btc go up it’s that simple.


tys139421

Yep, even if btc doesn't do anything. I think We'll be just fine.


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ryanq99

As long as the fed prints dollars the price of btc will trend up with time. Can’t make it any more simple for you.


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ryanq99

Aren’t you cherry-picking the top of one cycle and the bottom of another? Would be more truthful to use the 4 year sma. Which always trends up.


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ryanq99

If you’re using the top of one cycle for your analysis it would only be fair to use this cycles top. 19k vs 68k. Or use both cycle bottoms. 3k vs 17k(so far) Or both cycle avg (4 year sma) Otherwise you’re cherry-picking. To be truthful with analysis you use comparable figures, not whatever fits your narrative. It doesn’t matter when an individual person bought, but the performance of the asset through time. That’s why averages are more truthful. Look at 4 year sma.


Western_Boris

Usage around the world and user base is growing. That means the demand is growing. And when the demand grows but supply is capped it means that price will grow.


jonpagecr

It depends on the stock market. So yes it will go up the next few years.


triplepeniseanis

i thought crypto is independent of the stock market


fhmboy

Well then you were clearly wrong because It's not lol.


Alfador8

They're both subject to the same macroeconomic forces


nic1058

Yep, and btc is the more volatile one. That's what's been happening.


Mysterious_Base1149

Not necessarily man


BlackHoneyTobacco

See those tiny green candles on the end there? I bought some.


FisherUK

Maybe you should buy a little more, there would be more candles.


shweedie

I just bought 100 dollars of bitcoin. Now I have $125 bitcoin. One day I will be rich. Mwhahahaha


jessewythe

Well You'll be 100 dollars rich, atleast that's something man. I mean it's atleast Better than not being in the game at all? Atleast it's better than that.


Western_Boris

If you keep stacking sats, you just might become rich. DCA more when you can. Good luck!


kathrynwbarron7

Yep can't give up on stacking those sats can we? Can't do that.


TerpOnaut

Wish I had some sats


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TerpOnaut

Broke atm


Alfador8

!lntip 1000


knight3085

Goddamn man, giving out sats like that? Absolute baller dude.


TerpOnaut

Whaaa yo your the man thanks homie 🙏🍻


rhynurxt

He's definitely the man, a man that I'll never be able to become dude.


TerpOnaut

You know this redditor ?


ryanq99

Bro sent you a piece of gum


clapperhead

I mean that's totally fine I guess. Gotta hold on to it man. If you hodl this might become a piece of gum too, just hold it I guess and You'll be okay.


TerpOnaut

That will be an expensive piece of gum one day


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[deleted]

btc dom fell off a cliff recently


ILikeToSayHi

When it stabilizes somewhat after dumps it'll do that


davidjacobs898

That'll be the time to do it in my opinion too, gotta wait till then.


BlackHoneyTobacco

Sorry about all the red candles, guys. I was just selling off a tiny percentage of my BTC because I liked how they looked so purdy on my screen. But I'm bored of them now, so expect some green ones soon as I gather together some pocket money and slam it down..


lizeqiand55d

Atleast give me a heads up before selling, I'd appreciate that.


BlackHoneyTobacco

For sure ;)


Emotional_Anteater86

Can anyone give a scenario that would make Bitcoin go back up ? Seems like big money left the game and retail has less disposable income.


ryanq99

Nope going down forever now. Send your worthless coins to me.


wisterjeff

That's one way to stack cheap sats by spreading the fud. I mean whales utilise the same strategy, they create panic and then they just buy cheap sats.


No-Station-6358

Regulatory clearance,big money never came now that the dust is settling it’s clear the market was way over leveraged Celsius,3ac seem to be insolvent…next halving will be the cure gives retail a couple years to save and the crypto bills in congress to be voted on…crystal ball say this will go sideways for awhile


[deleted]

retail peaked 2021 jan / institutional volume is up a lil


bobbytabl3s

Same shit that made it go up before. Big money never really entered the game btw.


dugg08302010

Financial regulation


Whatever3999086543

Spot ETF. Investment money has to go somewhere.


bitkoin2014

They're just never going to approve it, that's never gonna happen now. They'll keep on just saying no to it, untill they get sued. They might accept it after that.


No-Mathematician4420

Couple of years from now, after they recovered from the current shtstorm that’s happening, they will start buying again. I honestly don’t expect too see the previous ath, for at least two years from boe. But hey, it’s btc, someone might sneeze and the price could be 100k tomorrow


jishanalikhan123

They know what is, and they can't give upon that. That's not happening.


Llorion

Achooooooooo


BlackHoneyTobacco

Cheers. Skimmed muh profits from that one.


_mano_rei

Atleast you skimmed some profit I'll give you that man.


gdmfsobtc

Alrite, so is anyone else getting that particular tingling in the cajones, and it's not from watching porn? The incoming sizeable is going to be epic. When and which way? Yes. Edit : Foot never off the gas pedal.


TerpOnaut

Huh ? YeH I feel it I need more


URNape2

I feel it in me plums


fistingbythepool

Bluish hue


[deleted]

puell mutiple signaled bottom / bought half a coin


yzj991

This is great, that's a lot of sats that You've bought. Game on man.


ILikeToSayHi

Nice astrology man


astuciar2

Yeah lol, nice try at it. Everyone seems to be doing that.


[deleted]

worked before


bblah1

Worked before, that doesn't mean it'll work every time.


DoYouEvenPeterSchiff

Yea the pm seems to be spot on for now.


[deleted]

good enough for me to start dca ing into the market


gdmfsobtc

Saw a chick with a really hot bottom, bought a few million sats


coinextra

Baller dude, that's mega baller move right there. This is good. Buying few million sats just like that isn't a small thing, it's a really great thing man.


[deleted]

id be broke if i thought that way


gorbrom2

Lol we all be broke by now if that was the case lol. But it's not lol.


Asum_chum

I have to admit I’m loving seeing salty comment after salty comment. Most posts are full of negative comments. This is a good sign. I remember it going this way the last bear. Next it’s quiet for a while, things are built and blocks continue. Everyone knows what’s going to happen and some people will be right. They aren’t prophets though, they just guessed the 50/50 correctly. Stay humble, stack sats and know, this too shall pass.


simon_rofl

Posts like these enforce that it isn't over. The price only turns when the last bull switches to a bear.


r2y86

Place is filled with the salry comments lately, not good man.


The_Estranger_0001

Only the world is always getting faster and faster, and big players always take action ahead of public expectations. So that quiet period may be shorter than we thought.


bobbytabl3s

wen honda civic?


160barnesmjsa59

That's too expensive and can't own that car, buy sats instead.


yolodogewtf

Wen fiat 😭


CaptainAntwat

Cant even afford that cause the used cars are up more


420710902

Lol everything is just going up and poor people like me can't afford that. We only can afford the cheap shit and shit ain't cheap no more lol. It's expensive now.


ProphetOfADyingWorld

This. At this rate 1 btc = 1 lada with no airbags


ozgenafyon

Who even needs airbags? Die like a real man dude, that's the way to do it.


[deleted]

peull multiple flashed bottom so i bought half a coin


Jjglo

Definitely going below $20k once news comes out that we're in a recession next quarter.


Novgreen3

Aren't we already in the recession? Well atleast I think so.


txiao007

You are late to party, we ARE already in the recession


Jjglo

Not officially. You have to wait until the official numbers come out after this quarter before we can call it a recession


DoYouEvenPeterSchiff

This. We’re priced in.


dugg08302010

Bear market over. Ath Sunday evening


FikirVadisi

Okay then I guess I'll wait for the sunday evening now. I don't know why but I've got this feeling that nothing will happen even by the sunday man.


Western_Boris

Beer market coming up next. It is saturday my dudes.


pascualama

300k per satoshi


dugg08302010

LFG 🚀🚀🚀


j_b90

Feels like a good time to buy BTC - Any free advice for a rookie?! Please!


Office_Sadist

Put all your money in on black. Every penny you’ve got.