Heads up

sonics1993

A BTC dump is brewing. I expect it to happen before the end of the year and expect it to test range low of BTC, which would be 40-44k. ALT'S are going to wreck as BTC dominance is increasing as well.

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Comments

DerekJohnson

You changed your mind on $25k?

Mark Moss says several large corporations are about to enter BTC in first quarter 2022, which would be nice assuming it happens

LongDukDong

I agree Sonics. 42-43k dip before we rip. Bitcoin is following a Wyckoff Distribution. This will be the last dip before the spring.

I’ll be exiting my positions today and holding USDT for the dip buys.

LaZoris

I like it! Keep this thread goin in '22

LongDukDong

Let’s see how this plays out. 6B in options expire tomorrow and max pain is 48k.

Right now Bitcoin is 48k.

I expect after options expire we will begin to see a sell off down to 42k. We could also first burn the shorts and pump some more before going down to 42k to liquidate the longs on leverage.

sonics1993

Target hit

DerekJohnson

Target hit

I bought some yesterday and a little more again a few minutes ago

greenblood

Target hit

Hell yeah! Sold all of my Ethereum last week from Robinhood (wanted it off of there since it can't be transferred if need be) Been waiting to plunk it back in on Coinbase, but waited for a re-entry. And it might be close to it. I think there's still a little more room to drop. I'm targeting $3100-$3200. Or should I wait even longer?

sonics1993

Target hit
Hell yeah! Sold all of my Ethereum last week from Robinhood (wanted it off of there since it can't be transferred if need be) Been waiting to plunk it back in on Coinbase, but waited for a re-entry. And it might be close to it. I think there's still a little more room to drop. I'm targeting $3100-$3200. Or should I wait even longer?

I'm buying back in. We might get one more drop to 3300, but upside will be coming soon

greenblood

Target hit
Hell yeah! Sold all of my Ethereum last week from Robinhood (wanted it off of there since it can't be transferred if need be) Been waiting to plunk it back in on Coinbase, but waited for a re-entry. And it might be close to it. I think there's still a little more room to drop. I'm targeting $3100-$3200. Or should I wait even longer?
I'm buying back in. We might get one more drop to 3300, but upside will be coming soon

thanks!!

CuntWaffle

Target hit
Hell yeah! Sold all of my Ethereum last week from Robinhood (wanted it off of there since it can't be transferred if need be) Been waiting to plunk it back in on Coinbase, but waited for a re-entry. And it might be close to it. I think there's still a little more room to drop. I'm targeting $3100-$3200. Or should I wait even longer?
I'm buying back in. We might get one more drop to 3300, but upside will be coming soon

You are the man

DawgOfTheAges

So are there options available for Bitcoin or any crypto currency / Index? Symbol to reference? Ability to sell short? just do not know this market so not sure how much logistical flexibility exists at this time... will appreciate comments

LongDukDong

Bought yesterday and more today. Didn’t quite time the bottom with all of my alt buys but pretty close, around 10% off the lows.

greenblood

So glad I’ve waited

BleachedAnusDawg

https://www.the-sun.com/tech/4409306/bitcoin-predicted-to-crash-in-2022-investors-warned/

Bitcoin predicted to ‘crash’ in 2022 as experts warn crypto investors to pull out

CuntWaffle

https://www.the-sun.com/tech/4409306/bitcoin-predicted-to-crash-in-2022-investors-warned/

Bitcoin predicted to ‘crash’ in 2022 as experts warn crypto investors to pull out

Good ol FUD

DerekJohnson

I bought another $135 this morning.

BleachedAnusDawg

https://www.the-sun.com/tech/4409306/bitcoin-predicted-to-crash-in-2022-investors-warned/

Bitcoin predicted to ‘crash’ in 2022 as experts warn crypto investors to pull out

Good ol FUD

Dunno what that means, but it continues to drop.

cnbc.com/2022/01/07/crypto-bitcoin-btc-price-slumps-to-3-month-low.html