no. per every indicator we're still in a bear market. We've got 2 wars going on and a recession heading for the US, along with a housing market crash, credit crisis, and ongoing bank failures.
This is the exit for smart money before the crash.
This is the pre-bullrun
It could still bleed back to 30k but i dont see it going much lower
Official bull run cum will be ejaculated upon Blackrock's Bitcoin ETF being approved first half of 2024.
"the bullrun everyone keeps talking about" >everyone keeps talking about
So you're saying it isn't denial phase and it isn't hope. I'm thinking the answer to your question is that this is denial phase.
nah this is like the first plate in fixed menu. the main course doesn't come until march/april of next year and will last until winter 2024 at a minimum (think of the same time period in 2021 but on steroids)
historically, BTC usually dumps hard before the halving, so chances are we dump to capiluation levels soon and then after a brief accumulation, the halving starts the bullrun
I am not so sure about that. People argue that last cycle's dump that you see in the chart above was the covid scare. I kind of believe that.
The previous two cycles, you would leave money on the table buying after now. There were drops, but none of them dropped lower than the price 180 days before halving, roughly where we are now. See:
[...]
But yea, somehow I feel like there is a dump coming too, but I can't justify it with data. I guess global macro feels like it has more shit coming, whether it's 1 more rate hike or something else.
This is the very beginning of it, but it's still very early. Halving isn't until April. What we're seeing right now is a classic Bart.
Not a bad idea to keep your DCA going, but you may also want to put it on hold and buy at the dump before re-starting it.
no. per every indicator we're still in a bear market. We've got 2 wars going on and a recession heading for the US, along with a housing market crash, credit crisis, and ongoing bank failures.
This is the exit for smart money before the crash.
>housing market crash
Haha. You sure wish.
Go long or literally stay poor. This thing will be at 100k by March. Screencap this.
2 more weeks
>housing market crash, credit crisis, and ongoing bank failures
Sounds like an excuse to BRRRRR
no
This is the pre-bullrun
It could still bleed back to 30k but i dont see it going much lower
Official bull run cum will be ejaculated upon Blackrock's Bitcoin ETF being approved first half of 2024.
i want a woman to grab hold of my cock and jerk me off with furious anger
jannies dont ban pls
Unless somethings fundamentally changed globally, all markets are down. Does not bode well for BTC
platitudes boomer speak
>ngmi
>hehe but guys things are supposed to make sense in this world!
"the bullrun everyone keeps talking about"
>everyone keeps talking about
So you're saying it isn't denial phase and it isn't hope. I'm thinking the answer to your question is that this is denial phase.
It hasn't even begun
nah this is like the first plate in fixed menu. the main course doesn't come until march/april of next year and will last until winter 2024 at a minimum (think of the same time period in 2021 but on steroids)
This is what's commonly known as a "bear market rally". It will correct back under 30k soon. Could be tomorrow or a month from now.
Bear market rallys are roughly 40 days BTC has been going up for 11 months!
This is what you'd call a perished feline rebound
This is just the beginning. 2024-2025 is going to be one hell of a ride.
if btc holds above $40k then we get buck wild maybe see some trickle down early into alts like chainlink and the bitcoin of memcoins token
id say thats wen you know the bull is actually here to stay rather than speculation
no.
feel free to save this pic and check back to see if it nailed
If I fudge the numbers a bit...The question is - do we get the drop or not?
historically, BTC usually dumps hard before the halving, so chances are we dump to capiluation levels soon and then after a brief accumulation, the halving starts the bullrun
I am not so sure about that. People argue that last cycle's dump that you see in the chart above was the covid scare. I kind of believe that.
The previous two cycles, you would leave money on the table buying after now. There were drops, but none of them dropped lower than the price 180 days before halving, roughly where we are now. See:
But yea, somehow I feel like there is a dump coming too, but I can't justify it with data. I guess global macro feels like it has more shit coming, whether it's 1 more rate hike or something else.
Hardly, you’ll know it when you see it
Not even close yet. It starts when LINK is$40
No, experts say the bull-run isn't going to begin until late 2024 or early 2025.
wowie the 8th thread asking if le epic bull run
wont get 100x with anything but memecoins anon
This is the very beginning of it, but it's still very early. Halving isn't until April. What we're seeing right now is a classic Bart.
Not a bad idea to keep your DCA going, but you may also want to put it on hold and buy at the dump before re-starting it.
the bullrun everyone keeps talking about began nov 21, 2022 when btc put in the final low for the prior cycle bear market
Got a neat $4k from tax return. Current hold BTC, ETH, XRP and AVAX. What should I spend it on?